INFLATION JITTERS

The US 10yr is breaking out in yield, absolutely — now up 10bps to 1.63%. This is causing a grave sell off in tech and high growth and leading towards higher prices in old man stocks and the Dow. The fear is no more BRRRR, and this $1.9t is the final salvo in what has been a year in wanton and grotesque degeneracy. At some point, prices normalize and so do yields.

This correction is long overdue, but it will not last forever. Nevertheless, the trend has been and most likely will be STARK SELL OFFS in stocks like PLUG and other asshole bubble stocks, while airlines and other back to normal stocks trend higher.

I opened down 150bps and sold everything and have been nibbling since. I don’t think the market can reverse higher with the yields soaring like this and will be sure to moderate my impulsive buys to a minimum, perhaps maximum 30% exposure to the market.

We had a good run and made a lot of people rich. But now that’s over and it’s time to hunker down for the dark summer.

The NASDAQ jumped by 330, cutting off the heads of reanimated bears. It’s over and has been over since 2009. Now we are in the process of inflating things until they get incredulous. Every time I think it’s over, we get another leg. I need to remind myself “you just can’t turn it off. Nothings ova.”

That being said, I wound up trading myself back to prosperity, up only 90bps — but better than my previous condition of down 50bps. With the shit I have in my portfolio now, frankly I don’t see how I can lose.

After a few hours of being a little bitch, scared about the market, I steeled myself and dove back into the water. Although festering with sharks, I intend to gut them like fish.

I am narrowing my trading into high volume breakouts, mixed in with some low flow, heavily shorted shit-bombs. In a sense, everything I trade on an intraday scale is garbage. If I fell ill and placed in the hospital for a month, my account would be zero. Nevertheless, Le Fly is strong and cockstrong, so never fear my absence due to infirmity. I would only leave here forever if bored or mad, or both!

I was not positioned correctly and I’m disgusted by it. Whatever cocktail of stocks I was masterminding yesterday fell flat on its fucking face today and I am severely upset with myself. I sold it all, locking in a 30bps loss, on a day when I should be up 4%. Normally I go about my day with ease and brainlessly buy everything I see. But today I have fear of top ticking and do not feeeeeeel like risking.

My long term account is up 250bps and the Quant is up 320bps and every fucking fucker in the world is up 3%+ today, except me and my trading account.

Busy day of chores anyway, as I’ve been selected to be chauffeur and organizer. I really want to buy something, but the fear of top ticking, at least now, is palpable.

I am ending my day early, since I have all but done all I can to further my pursuits. My gains stand at +170% for 2021, coming off +400%+ in 2020 and yet 5 absolute fuckers canceled Exodus this week. I am sitting there in the trading room literally giving people money. If you’re too stupid to take it, please fuck off.

My trading account is 22% cash, +480bps as I write this. My YOLO overnight account is up more than 5%, and on margin. My Quant is +100bps and my long term tech basket is lower by 90bps, which is more representative of what most lazy “investors” are holding now.

I create my own fate and my I make my own luck; but I still like to believe there are Gods overseeing shit, passing down good tidings and murdering my enemies for me in horrific fashion. If only life was that simple.

Off to tennis.

Today’s market is all about fucking with your small brains.

“Oooh look at $GME KILL THE SUITS!”

“And now look at it COLLAPSE after you bought in.”

As such, the entire NASDAQ is up in a cinder — momo stocks tossed like moths into flames — people yelling fire in the street with blood streaming out from their ears and eyes. I have taken this opportune to direct my monies towards safe haven, also known as SHIT OIL STOCKS — because nothing says “I love America” more than rooting for gas to hit $5 at the pump this summer.

I realize you’re struggling and your eatery is closed. But I don’t give a shit. I have all but purchased all of the SHIT OIL stocks a man can buy. I am also long a company that builds stuffed animal bears — because they’re all gone and we need more.

I am not giving you the tickers because you, frankly, do not deserve them. They’re for closers only.

Into le bell, I am endlessly bullish, all the while I rummage throughout my personal library of words to scare monger people out from stocks — because they’re mine and I don’t want to see you having any fun.

In spite of skyrocketing commodities, the CPI numbers were benign and now we’re taking off like a rocket ship. I had been fully long and margined, so I sold almost everything at 9:35am, a habit I have been enjoying severely over the past few weeks. I buy a bunch of nonsense, hold overnight, and then DOMP EEET the next morning, no matter what.

For the session I am up nearly 5%. I have since re-entered the market in a small way, thanks to greed, and have given back nearly 100bps since then. Alas, I am +170% YTD and drag with me a long and rich history of greatness and resiliency.

Fish less, eat more fish —- that’s the mantra inside Exodus, because you could never trade as well as I do.

We all enjoyed a blip in the Nasdaq today, +450, as investors positioned defensively ahead of tomorrow’s all important, and sure to be harrowing, CPI numbers. For the day, I barely made 8% in my long term account, +3.7% in my trading. I was mostly consumed with fear that my DECENTRALAND position might run to $1 before I had the chance to buy $100k worth of the coin.

Aside from that, today was just like any other day. My Bubble Basket crawled higher by 13% and it was an overall moribund day.

Hopefully tomorrow’s all important CPI numbers will enliven things up a bit.

Off to tennis.

It is the everlasting mantra inside of my head, a jingle that I awaken to and one that lulls me to sleep when exhausted.

“STOCKLABS IS COMING” has been an ongoing slogan repeated at House Fly indefinitely to the point of nauseating superficiality. Here I am and there I go making grande sums of coin, seemingly unable or unwilling to launch a data platform in the works from the heart of Germany for nearly 2 years. I have promised the launch of said data platform for more than a year now — not because I am willfully deceiving people — but because I myself have been overly optimistic and also unwillingly deceived by parties who mean well.

But I promise you this and only this — when this fucker launches — it will be the greatest stock market data platform the world will ever know. It will reduce you to tears, as you revel in its glory and succumb to its grandeur and beauty.

We now have a beta trial email list in the many thousands, due to the popularity of the market and the extreme winship that seems to follow me wherever I go. These trials will persist for months, as we ebb and flow with the newcomers and kick them out once they refuse to pay me. If you want to try it and receive a discounted beta trial fee on our annual plans, sign up now in the link above, otherwise fuck off as I am too consumed with trading and winning than to offer sales pitches on a frequent basis.

I was wrong about chasing rats into the sewer. That’s exactly what we all should’ve been doing yesterday, chasing them until our feet bled from weariness. The entire NASDAQ is one giant dick guillotine and the bears have, sadly, crescendoed into it, plastered against the wall with their guts festooned across the internets. Boldly, the bulls have retaken the initiative and I have no choice but to chase the rats now as they retake the streets and rummage from cheese shoppe to cheese shoppe.

I opened up 100bps, thanks to some overnight holds, BBBY being my biggest winner. I have since sold them and rebought a new cadre of stocks with aspirations of coming across a block of cave aged gruyere and nibbling on it until my face is numb.