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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.

Indeud

And I quote: “Our recent checks indicate the LCD supply chain is in full recovery mode,” Weeks said. “The LCD supply chain continues to replenish; glass supply and demand is very tight right now, much stronger than we anticipated. This has led to an imbalance in glass supply and demand that will likely last through the end of the third quarter. As a result, we are raising our second-quarter glass volume expectations.”

That was the CEO of GLW telling you to cover your shorts, yet you chose to listen to random internet fucktards. For the love of guns and bombs, the LCD market is on fire. How many fucking time need I remind you?

Aside from GLW, other plays include ASGLY, HIMX, DIOD, AUO, LPL, KOPN, TRID and maybe a little IMOS. That’s all. I help you too much already, and for what?

One more bone: with oil going higher, look towards the parts and service names; you will thank me later.

Today, my year to date gains surpassed 60%, thanks to just about everything. Going forward, I have not determined whether I will take some profits or add to positions. Either way, the market is going higher, so you better prepare to marvel at my market hand for quite some time.

Whether it be a matter of happenstance or true time machine magic, my skills are no longer up for debate. Instead, you need to think about personal solvency. “The Fly” enjoys the luxury of magic carpets and personal printing presses, amongst other things, while you struggle to pay for your cell phone service.

In short, “The Fly” wins again.

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I Got a Chart Breakout

Looks whose blog is on fucking fire.

Resistance is not futile, but suicidal. Surrender is no longer an option, only death by large magnets.

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Eat Cake!

Instead of shorting the market, during epic melt ups, might I suggest diving head first into a human sized birthday cake?

More thorough market analysis, like this, later.

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Fuck You Josh1gU, You’re Banned

The stock Gods favour The Chart Addict, as evidenced by Josh’s swift decapitation. I single out Josh, not because he is a douchebag doomsday circle jerker; but because iBankcoin must be held to a higher standard than other blogs.

If you choose to be a vocal commenter/blogger on iBC, you better bring your A game, else deal with the consequences. With regards to Josh, he will never be heard from again, since he is now banned from the iBC penthouse and oversized refrigerator. I am sure he will find a new home, like one of the queer TIM sites, that he can call “home.”

Quite frankly, this whole ordeal was rather embarrassing for Josh. I am sure he is pleased with his gruesome, but necessary, decapitation.

As for today’s trading:

I made buckets of coin. Shit, I am going to celebrate this weekend, via buying a new car. What are you doing?

In short, a few of my stocks enjoyed “key reversals,” including FTK, ENTR and SFE. For the day, I was up more than 4%, due to my uber bullish position, now with just 5% in cash. My gains, year to date, are north of 57% and my pimp hand is stronger than yours.

If you are interested in gaining access to all of the tools at my disposal, join The PPT; you will not be disappointed.

NOTE: iBankCoin Wealth Strategies will post another report on Sunday.

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Time to Take Out the Trash

My thoughts, in video.

[youtube:http://www.youtube.com/watch?v=dYFGRD1T9wQ&feature=related 550 400]

UPDATE: I sold out of my CROX position, at $2.88.

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Get Ready For a Friday Squeeze

Yields going down + weak dollar +oil up + banks benign= Fuck You Bears, You’re Dead.

UPDATE: It’s coming down to the wire. As of now, it appears lifelong bearshitter, Josh1ngU, is about to receive a full ban of iBC, with all of its perks and amenities.

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Magic Show

Before I begin my rant, I want to acknowledge the excellent work of Lord Gint, from the Masai tribe. He nailed the reflation trade better than anyone out there, including Senor Tropicana and his juicebox friends.

Gold stocks are breaking the fuck out. I hold small ABX and DGP positions. I regret selling NGD. Taking profits is always a bitch. Instead, I find myself saddled with some names that are not reacting to the melt up in commodities. My chief concern is FTK, of course. Don’t worry, I have the patience of an elephant.

If natty continues to go higher, ARD, SD and ROSE are three stocks worth owning.

As for me, well, I am having a mixed day, with gains in OVTI, ERX, SD, ATHR, RFMD, GLW and CROX, while picking sand out of my eyes long FTK, SIFY, SFE, IR, and ENTR.

With respect to IR: the stock is down due to the likelihood that they will be removed from the S&P 500, since they are moving to Ireland—fucking tax evaders. At any rate, IR is a fucking buy on this dip.

Finally, the market is in the process of making your money disappear, providing you are short, of course. I will look forward to banning Josh1ngU from iBC—forever— when the market closes in the green today. Oh, one last thing before I bowl, whoever picked CTIC in The PPT— killer job.

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Late Night Rant and Other Unimportant Matters

I’m thinking about taking on another blogger for iBankCoin. There is too much “cricket time” here, particularly during the day. In all fairness to my fucking ingrate partners, who opt to play the clarinet at street fairs, instead of contributing to the site, they have “real jobs” that require punching in a time card and fetching coffee and/or snacks for their female bosses.

Being in charge of the financial blogosphere, for over two years now, I can tell you it’s a tough racket. It’s not garbage man in the snow tough, but mentally taxing—to say the least. In order to dominate, in such a unanimous manner, there are two things that are required.

1. You have to be better than everyone else.

2. You need passion, else it’s time to fuck off and become a full time Twitter-er, if you know what I mean.

This financial website thing is not a game, whether it be about my picks, stories about rogue brokers, my retarded landscapers or my fucked up radios. Like in life, “The Fly” is in this game (blog game, gentlemen) to win.

If you are a competitor of mine (you know damn well who you are), quit before you embarrass yourself further. From what I can see, very few of you have the pizazz or the staying power to command a large audience. You will just sort of prod along, like a fucking paradiddle, banging out 2,000 hits per day.

I ask, what kind of life is that?

You Sir have the personality of a salty clam.

Oh, before I forget, here are some market leaders, courtesy of The PPT (graded by technicals aka “blind luck” only)

No. Ticker Technicals Fundamentals Hybrid Score Hybrid Change – Daily Hybrid Change – Weekly
1 NOG 4.73 1.95 3.54 6.95% 100.56%
2 OCLS 4.62 2.10 3.53 0.00% 0.00%
3 ISCO 4.57 2.30 3.59 0.00% 0.00%
4 KONG 4.57 2.55 3.70 5.41% 35.69%
5 CKEC 4.57 2.40 3.63 -0.27% 34.69%
6 VNDA 4.52 2.15 3.50 -1.69% 32.45%
7 ENOC 4.47 2.10 3.45 32.69% 47.23%
8 NOA 4.43 3.30 3.95 15.16% 62.61%
9 MWE 4.41 3.00 3.80 37.18% 63.25%
10 ENT 4.41 2.80 3.71 24.08% 4.33%
11 MIPS 4.37 2.55 3.59 44.18% 6.82%
12 WMG 4.32 1.80 3.23 19.63% 7.28%
13 TSL 4.32 4.15 4.24 -0.47% 19.72%
14 DFT 4.32 2.55 3.56 -0.28% 17.82%
15 AIXG 4.32 4.20 4.27 -2.06% 50.18%
16 XRA 4.30 2.15 3.37 19.50% -4.24%
17 MRGE 4.27 2.00 3.29 48.20% -9.52%
18 GRRF 4.27 3.00 3.72 -0.27% 20.23%
19 IFX 4.27 2.80 3.63 -1.09% -1.35%
20 F 4.27 1.60 3.12 23.32% 25.50%
21 DNDN 4.27 1.70 3.16 22.96% 10.78%
22 BIDU 4.27 4.20 4.24 -0.93% 33.13%
23 TGB 4.26 3.90 4.11 1.48% 28.26%
24 SLT 4.26 3.90 4.11 0.74% 16.89%
25 NXG 4.25 4.60 4.40 13.40% -3.70%

Don’t fucking ask me if the above names are “good buys” or not. I am merely providing you, the internet leech, with a public service.

Blue Radio Status UPDATE: For those of you are concerned about the state of my blue radio, BEHOLD: THE BLACK RADIO has seized control of my kitchen counter top.

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