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Dr. Fly

18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.

GOOD SIRS: I REMAIN AT RECOURD HIGHS

I very good day to you Sir!

I write to you now with immense pleasure, having now seen once again my crystal ball has crested my accounts and swelled my purse (PAUSE) to new recourd highs. It would please you to know that I am now up 10.2% for December, up nearly 63% for 2022. All of my trades, every single one of them, posted in real time inside the hallowed confined of Stocklabs. Once upon a time I gave my picks away here for free; but have since grown to understand that giving them to you here, on the free site, is like throwing them away.

They’re for closers only.

The secret to my success is simple: I draw lines on paper and the charts simply do exactly what I tell them to do. I position ahead of time and makes the money.

A stupid man will show you the chart above and highlight the fact that I started that account in 2020 at $100k and say some shit like “if I can do it, so can you.” But the fact of the matter is, I am inexorably better than you, as an investooor, in virtually all aspects of this game. I have natural talents that lend to my success and I have been trading more or less since I was 10. Whilst the lot of you were at home playing video games like nerds, I was teaching myself about stocks. That’s who you are and this is who I am, pal.

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MARKETS STEAM HIGHER INTO THE SLED OF SATAN CLAWS

Good news everyone: Zelensky is coming to the US to bring Americans Xmas joy, and also cajole you to protect Slavic freedoms at the expense of your children’s lives. The democracy of Ukraine, founded by a violent military coup, is all the rage these days and it’s important we, as Americans, protect that form of government.

I had entered today thinking 100% sure we would collapse today; but that was mostly wishful thinking. I had to close out my SOXS hedge this morning and let my longs run because the buying, well, the buying was a bit too much to stop.

For the entire year I have been bearish and for the entire year markets have been under pressure. However, we’ve had like 10 ONE THOUSAND point rallies too, most of which I’ve missed out on. This is why I’ve let the Stocklabs quant allocate my longs every week, no questions asked. I buy stocks on Monday, 100% long, and the trade around it long and short using leverage.

The net result?

My best returns since May.

It’s Xmas you Scrooge bastards. Get in the consumer spirit you son of a bitch and buy some stocks!

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THE COLLAPSE SHALLE CONTINUE IN EARNEST, TOMORROW

I purposely try to avoid social commentary on the site, not due to lack of interest — but I truly do love stocks more than anything else. It does not matter to me what you’re beliefs are in any facet of life; if interested in stocks — I can talk to you for hours about this stuff.

But let it be said here for posterity, Elon Musk is a hero. His purchase of Twitter has led to the floodgates being opened in the spirit of Julian Assange, revealing a far reaching a malevolent American government infringing like a motherfucker — using Twitter as a psyop machine. We should assume they are doing all of this on all platforms, including Google. The net result has been, at least for Elon: pain.

Shares of TSLA are spiraling lower, now down more than 22% in the past two weeks.

Elon released Twitter files part 8 today. Just wow.

As for Tesla, the more Twitter files get leaked into the market the lower the shares go. I do not believe this is a coincidence. Perhaps Elon’s behavior will affect his govt subsidies and contracts? No real edge here, other than to marvel at the spectacle of it all. He had it all and only had to play ball; but he refused and now we are boring witness to an immensely powerful individual go up against the entire Neo-liberal establishment elite.

I closed +46bps, and with a 20% hedge in SOXS.

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RESPECT THE LINES

One of the closely kept secrets on the site is that Le Fly is, in fact, a technical analyst. At night, burning the midnight oils, I often stay awake all night drawing symmetrical lines on top of stock charts, determining the future based off geometrical patterns.

FOR EXAMPLE:

One must respect the lines if one is going to make it in this business.

Forget about FCF or “earnings”. All of that is BAKED IN to this chart, the sum total of all of the feeeeeeelings out there, which should accurately predict the future.

That being said, it seems the overall trend is inexorably lower. It also seems that today’s rally is nothing more, or less than, a weigh station toward’s perdition. The very fabric of this market is made of sugar — soon to be melted away like a cloud of cottoned candy inside the sweaty palms of a over-active child.

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LOTS OF SURPRISES; NO COLLAPSE YET

Last night the BOJ expanded the trading range for their 10yr bond, reminiscent of actions taken on Christmas of 1989. The result was sharply lower stock prices in Japan, a soaring yen, and notion that the BOJ had lost control. The whole “yield curve control” by central banks are a complete scam — and so is QE. As a matter of fact, the only reason why we have central banks is for banks to set the price of money — also a scam.

The NASDAQ is up 25, a great improvement from opening prices. Natty is off by 10%, WTI -1%, and silver is +4.7% — because rumors have circulated that Elon Musk followed a fucking silver account on Twitter — which of course means Elon will now attempt to “break the Fed” via large purchases of silver.

I’m +67bps, even though I am down on two hedges at 20% of my portfolio. My intention was to NOT TRADE the morning and come back to trade and trade well. However, it looks like my schemes to keep the inverses in place backfired. NEVERTHELESS, I remain at record highs and continue to make new, fresh highs — +60% YTD.

BOTTOM LINE: We are not oversold and we are still expensive. Just because stocks are down doesn’t mean they can’t go even lower. PREPARE FOR ANOTHER LEG LOWER!

INSHALLAH.

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“WE NEED A FLUSHOUT”

We are at the stage in this sell off where SUCKERS get lured back in at the end of the day in order to be EXECUTED the first of each and every morning. We are, without a doubt, BARRELING back to new lows. The only question is: how fast?

The plebs will soon FESTOON the TV with calls, such as “IN ORDER TO BOTTOM, WE NEED A FLUSH OUT SELL OFF.” Or, maybe “WELL GEE WHIZ, THAT SELL OFF WAS BAD BUT IT WASN’T CAPITULATION. WHAT THIS MARKET NEEEEEDDS IS A GOOD OLDE FASHIONED CHOPPING OFF OF THE HEAD AND RIPPING INTO OF THE STOMACH — ENTRAILS REMOVED AND COOKED ON A HOT PLATE IN FRONT OF DYING BULL.”

What you are not taking into account — mostly because your brains are so little — is markets are tracking closely to the Russian war with Ukraine. When we were rallying, SLAVA UKRAINE was all the rage and we had the Ruskies on the run. Now look at the Ukrainian army, totally in fucking shambles getting tossed into a meat grinder for the sake of NATO unity.

Soon, the Russian offensive from Belarus will commence and if successful — the end of NATO will loom large. How do we price in the end of Pax Americana?

I suppose we’ll find out soon.

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WHY ART THOU BULLISH?

Are you retarded? Dost thou have good concerns for boolish fervor? Are you, per chance, BOOOOOLISH on war or Biden or the FBI spying and infiltrating free speech — controlling people via lies and 100% manipulating the elections? Is that a good reason for the democrats to completely merge with the government in an effort to strip people of their rights?

SIRS

America, as we know it, is over. If we are to rally under the auspices of liberty and justice again — it won’t be before a massive purge takes place via popular revolt.

How close are we to that?

I’d say extremely far, especially with half the country committed to sucking the cocks of the very gay FBI and CIA.

If you are thinking “oh, well, stocks always go up he he he”; you’re also an idiot and should acknowledge your own short comings and take some time out to gather your bearings.

The trend is lower.

The economics are poor.

The Fed hates you.

The stocks are still expensive.

We are just getting started.

We do not deserve to rally.

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New Weekly Quant Picks After 12pm

Good day

I sold the vast majority of my weekly holdings, selected by the Stocklabs quant, higher by more than 7% for the month. The biggest winner was, by far, GOTU — which made me nearly 90%. If I lived out ten thousand lifetimes, I would never have chosen to own GOTU, let alone hold it for a weeek, on my own.

I own just a SQQQ position, which was a hedge and now it’s a blatant disregard for the bulls tendencies to buy dips. I’ll probably close it out too shortly.

Bottom line: my market prowess is still very much intact. In fact, by forcing myself into an all long book via my quant, I am relived from having to pick stocks and instead keep focused on hedges and tactical trades. Hard to exactly say why, but I feeeeeeel much better trading this way.

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A PANORAMIC VIEW OF MARKETS: WE ARE FUCKED

I want you all to shut up and stop talking about markets rallying. I do not want to hear it anymore and if anyone inside Stocklabs even utters the word “pivot” — I am going to fire you from the platform and then physically assault you, in Minecraft of course.

BEHOLD your market.

Discard your recency bias and have a look at the real trend of your beloved NASDAQ, an index teeming with homosexual technology companies — evil and malevolent left wing extremists whose design is to genocide those on the right. Whilst that sentence you just read might appear to be hyperbolic, IT MOST CERTAINLY IS NOT.

The simple fact of the matter is, the country is Balkanized already, fractured from decades of corruption and evil. The markets are merely a reflection of all the nonsense coming to a head.

“But Fly, can we rally in 2023? What if Russia surrenders to Ukraine and Poland occupies Kaliningrad?”

No.

DOWN WE GO in 2023. The sell off will be as violent as it is beautiful.

“But Fly, why do you want to bore witness to Pax Americana ending?”

Shut up.

There isn’t much else to discuss, aside from telling you once again that I am at record highs and that I deserve more money and that I am doing quite well because I am a very good person and that I prefer to trade in a down market because I like to see stocks going lower because I feeeeeeeel betrayed and that I no longer care to pretend even though it’s fun to pretend and that I hope to see a brighter future once all of the puppet masters have been publicly executed (in Minecraft).

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ANOTHER RECOURD CLOSE ***

This is becoming redundant — but it’s necessary that I boast and brag like an 8th grade child in order to make myself feeeeel better about myself.

See, as a boy growing up in pre-gentrification Brooklyn, playing inside of the sewers — Young Fly didn’t have much and used to play with waterbugs to spend the day. Now as an adult, I hate watered bugs and find the urge to constantly tell people, strangers mostly, about my exploits to compensate for my dreary upbringing. The hope is, naturally, that I too will be a well respected man — walking about in suits and perhaps even ascots — commanding respect, even kneeling, as I sashay and cavort throughout the country club I now reside in.

I closed at another RECOURD HIGH not because of luck or due to some sort of fluke — but skill — because I am a licensed professional and BY LAW have the right to offer investment advice. That said, I do not offer investment advice; but instead, and merely, show off.

WHO WILL STOP ME?

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