I NEED MORE DRUGS

I kicked out of FINL (+5%) and ANAC (+13%) and bought FEYE (revenge trading bitch) and JUNO.

The response to an iBC, NYC conference went very well; therefore, we will now lay the groundwork for an investors conference.

I’d like to apologize to all of you out there for calling you “fuckheads” and “jackasses” yesterday. It’s just that, “The Fly” isn’t capable of telling a lie and was merely being honest with all of you. Along that vein, I invite you to bet against me today. Shit, you think I was a dick yesterday? Wait until this motherfucker opens up and I start kicking old men into sewer pipes again.

This is the sort of market that legends are built upon. The way I see it, if you’re not positioned to bank extreme coin today, God is punishing you–for you were unable to hear Fly’s words of wisdom.

It’s a true gift to be able to hear my voice and understand the messages that I am conveying.

Brand new motherufucking highs, here we come.

There isn’t any need for me to even talk to you any longer. Instead, I am just gonna start punching people in the face.

“Fly, will the market make me some money?”
(boom! punch to the nose)

“Fly, do you think bonds are a good buy here?”
(Pow!, punch to the sternum)

“Fly, I bought XYZ and it’s down a nickel. Should I buy more?”
(ZAP! punch to the fucking jaw)

Let’s talk about something important, shall we?

I am thinking about doing iBankCoin’s second annual conference in NYC this year. The cost will be from $299-$499, with a VIP option at an additional $1k. Last year’s event in Vegas went very well. However, this is NYC and I will not do one unless you fuckers are going to come out in droves. Do yourself a favor and take the poll, so I know whether or not to spend my valuable time on this.

It will be hosted by The Option Addict. There will be plenty of other interesting persons of interest there, including myself, lurking in the shadows, ready to stab anyone who gets in my way.

Ready the guns #fullcompliment #blacksails

A video posted by the_real_fly (@the_real_fly) on Mar 29, 2015 at 5:48pm PDT

“The Fly” is now up for the day, despite the bearded hipsters trying to fuck with my swag.

Don’t bet against “The Fly”. You’ll end up losing all of your money, wife, kids, and welled fare checks.

Now get back into the fucking garbage can, as I count all this money piling up.

NOTE: Exodus flagged oversold this morning on its 3 mo algo and flagged OS on tuesday on XBI, for a flawless victory. Fucking join now.

Don't Bet Against Me from iBC on Vimeo.

I don’t give a shit if I lose all of my money in this raw pizza nonsense; I am buying more. I added to FRSH down here.

To make matters infinitely more interesting, I also added to WFM (cue maddening laughter).

I do not know why I partake in such things. Maybe it has something to do with the fact that I give ZERO fucks?

This fucking WFM is giving me the business this morning. However, early going, I have a few things helping to offset it, such as TA, FINL and ANAC.

German bunds have fire bombed idiot traders to the tune of $2 trillion over the past two weeks, as ignorant pigs scratch their balls in amazement that bunds aren’t nearing negative yields any longer.

The raw pizza company looks like it wants to recover, so I will hold off on eating a raw pizza until later on today. For the love of plague, this fucking market better get its shit together and soon. The idea that Janet Yellen’s opinion on anything other than QE having a profound effect on my net worth is too much for this Fly to bear.

This is what I want to happen.

Up AGIO, N, FINL and ANAC, with marginal recoveries in both WFM and FRSH, permitting yours truly to scream at the top of his lungs in joyous outburst.

I am going to go ape tomorrow morning. Just know.

About a week ago my largest position was SAVE. I was up 6% into earnings and got clown-raped shortly thereafter. On this evening, my 3rd largest position is WFM. Those shares are being GRAPED due to some obsequious nonsense pertaining to not being able to properly fleece the bearded hipsters who frequent their denizens of organic fuckery.

On top of that, I had a minor position in FRSH, maker of raw pizzas (LOLz); and that too is being dismantled on an earnings miss.

There isn’t a moral to the story– you fucking jackasses. Jokers like me have been taking buckshot to the face since the beginning of time– off stock market chicanery. My saving grace is the decision that I made many moons ago to broadly diversify my holdings over numerous asset classes, with varying degrees of risk. I will be needing several offsetting factors to work in my favour tomorrow, otherwise The Fly will be sad-mad and will likely burn his fucking neighborhood down to the ground.

To.the.fucking.ground.

https://www.youtube.com/watch?v=400V7McERA0

We had a perfectly fine melt up this morning, up until the time when our new Federal Reserve chief had to spew her opinions all over the media, like vomit enriched with plague. The result was a down elevator type of day, with the exception to biotech and banks, thanks to the GEVA deal and steepening yield curve.

It appears that great bond bubble is deflating, finally. There will be mass casualties along the way, as this idiot trade unwinds. After all, who lends money for NEGATIVE interest rates?

This disgusting world of ours is perverse, wretched and also idle. You fuckers have had it too good for too long. The opulence within the elite is so absurd, so ridiculous, one could only hope for starvation to run rampant amidst the streets of Beverly Hills.

I do not care for green eggs and ham. I also do not care for stock market declines. I do not dislike losing money. As a matter of fact, I rather enjoy. It’s just that, I like making money moar. As such, I will now commence ancient rituals that will call upon spirits and demons alike to curse this Janet Yellen and re-pave the walkway towards paradise, also known as new motherfucking highs.

Top holdings: AGIO, N, WFM

The bitch, Janet Yellen, tried to stick me for my paper (extra biggie) this morning, by making idiotic comments regarding equity market valuations. Despite her unsavory opinions, Le Fly is forging ahead this fine afternoon, buoyed by 6 of his top 7 positions being higher for the day.

The big story is the yield curve and the fact that TLT is getting the business, once again. Listen to me: if you’re not gonna take the advice of a Space Alien Magician (SAM), then you’re in the wrong business. All of the shit that you think you know to be true, toss it into your respective flaming barrels of garbage and listen, god damn it, to what I am about to say.

Buy banks.

This is so easy, even an idiot cad can do it.

SBNY and BOFI are my favorites. A good friend of mine likes FRC. The point here is to position yourself for future success.

Markets are weak; but biotech and banks still work here.

It’s important that you know when to delegate shit to other people, in business and investing. If you’re a shitty investor and can’t get to an emotional equilibrium to allow yourself some success, hire someone else to do it. Or, and this is definitely some self-promotion, join services like Exodus, 12631 or After Hours with Option Addict to help get you there.

For me, investing in biotech is hard, because I don’t understand the industry as well as I’d like to. I delegate my biotech research to qualified experts, persons who are able to make better decisions in this field than me. For those of you without the benefit of a high powered rolodex, you can jimmy rig the system by doing some research into what hedge funds crush it in biotech. In my opinion, no one does it better than Baker Brothers.

Coming off their PCYC sale, they just executed a sale of one of their biggest positions this morning, one that will net them well over $1 billion in profits–selling GEVA to ALXN for $230 per share. WOW!

In Exodus, we have some pretty cool institutional tools available and I am going to post the Baker Brothers screen in the Exodus blog today. It’s important to note that GEVA is going out for over $7billion and had zero revenues. This is just an amazing deal that should really light a fire under a wide swath of interesting and innovative biotech names.

I’m gonna talk my book here. I like AGIO, ICPT, JAZZ and ANAC here.