Russian Coup Underway; PMC Wagner Takes Southern Command City of Rostov

I didn’t want to comment on this until I digested all of the facts. For many weeks or even a month or two PMC head Prigozhin has been publicly criticizing Russian command and more recently has been praising Ukrainian units and then yesterday he went as far as to say the premise for the Russian invasion was a lie and the casualties claims by Russia are actually 4x higher.

It all sounded like a great idea: PMC Wagner — hire a bunch of murderers to die for your cause in favor of ordinary law abiding citizens. Who would’ve thought that one day, perhaps, the head of this unit might want to seize power and declare himself Barbarian King?

I do not think this is a psyop. I am unsure as to whether the CIA bought out Prigozhin — but wouldn’t be surprised. Either way, the narrative out there now is Prigozhin is only going after Shoigu and Gerismov; but that’s bullshit and you know it. The way coups work is simple: appeal to the people and tell them you’re their friend. No one will get hurt and the coup leader is going to save the nation. This is all lies and what will end up happening is a purge and death and collapse.

The war is likely coming to an end if this coup gets going. Putin will be arrested and/or killed and Prigozhin will be the new King or perhaps the new kingmaker with an army of murderers and rapists.

You really have to sit back and revel at it all.

Can this escalate the war?

NO.

No matter what is happening here Putin looks weak. Is it possible Prigozhin is working on behalf of Putin to get rid of Shoigu and Gerismov? Maybe — but if so that means Putin is weak in Moscow.

Botton line: The war with Ukraine is creating a massive strain inside the Russian military and elite circles. This strain is the direct result of NATO support of Ukraine coupled with Russia’s empty threats to strike at Ukrainian leadership and western powers who are helping Ukraine against Russia. Unfortunately, the GLOBOHOMO appears to have won again. Prepare for another 100 years or Rainbow Flags and tranny brigades throwing pizza parties for your children, after they’ve transitioned to a neutral sex.

Lots of shit-talkers out there regarding their investment prowess. Lo and behold, when things go sideways — those fuckers always blow the fuck up. What is my distinct advantage?

I literally never ever ever blow up and never will blow up because, and this is a fact, I am a professional.

YTD, my gains are PINNED TO HIGHS — never been higher. This is what I am rolling with into Monday.

It’s important to me that you know your place, your role in the pecking order. Whilst you might manage more money than me and have an overall better life, wife and legacy — you will, and this is a fact, never be better than me.

We are midyear into this clown festival and the results are in:

NASDAQ +36%
Dow +1.8%
SPY +13.5%
IWM +4.8%

NVDA, AMZN, AAPL, GOOGL, MSFT, TSLA, META and NFLX are your masters. If you’ve been hiding out in some bullshit names waiting for reprieve — keep waiting jackass. It isn’t coming. Here in America we cherish our monopolies and if you just invest in them and shut your pie holes — you might be able to pay down your 39.95% APR credit card balances.

This has been a wild 6 months, going from hyper inflation and not able to afford eggs to rapid deflation and loving all of the deals the market provides again. Each day is the same episode of buy the dip and then the wave until the close. It has been easy to make money, providing you’re true to yourself and don’t become disillusioned with your ideas.

I closed out my “perfectly balanced” portfolio this morning for a net gain of 10bps. That was more or less the goal. We have trended up since the open; but I had no assurance this would happen — which is why I just sold it all. If not for my TZA hedge, I’d likely be down about 0.7% now.

Even though markets have been strong, you shouldn’t expect this pace to continue. This isn’t 1999 and the NASDAQ doesn’t deserve to double. Up 36% is a damn good return. We are much more likely to head into summer doldrums rather than find more reasons to rally. Some people are holding out for the great big small capped rally to come. Keep waiting Jack — that shit isn’t happening.

Best case scenario we collapse. It would be pleasant to see zero bids and people panicking amidst margin calls and that sort of stuff. It really just brings back fond memories. HOWEVER, I see no evidence of this happening yet so let’s not get too excited at the first sign of market weakness.

I am short and long term BEARISH on this tape — but have plenty of longs to prove me wrong. I closed down 126bps with a 21% position in TZA — since small caps appeared to be weak today and my hopes are, if being honest, we fall by 30% tomorrow.

Most likely we will not fall — so I have a full book of longs to sell at the open of trade tomorrow. More or less, I am preserving an 8% gain for June — even though the calendar, in theory, means nothing to me since I only run my own money. Old habits die hard.

Twitter was electric today with death cults running amok with glee over 4 people trapped at the bottom of the Atlantic in a sardine can. I’d like to say you’re all monsters and finding joy in the pain and suffering of others is evil. Then again, you’ve always been evil and you’ll never change.

You don’t have to believe in God to have grace, empathy for others. At the very core of every issue today, yesterday, and tomorrow is empathy — the ability to peer into the future and understand what it might feel like for another human being. I once read a book about languages and they found certain languages around the world never make reference to a future tense. This is important because language shows how a people think. What it means is — many of you are descended from fucking morons and your only hope is to dilute your shitty genes in order to help humanity feel sorry for people stuck at the bottom of the ocean without air, water, or food.

The faggots at the SEC have been trying to destroy Bitcoin, alongside all homosexual central banks. The net result is BTC is +82% for the year and had proven to be a risk off hedge in the face of a banking crisis.

It’s important to place things into perspective as well. The NASDAQ is up more than 30% and the risk on crowd is firmly in control of this shit-show. I am looking down the road for blockchain uses and view the advent of AI as a prime driver in the demand for transactions or IP to be verified on a place, such as Le Blockchain.

That being said, I am awfully BOOLISH on BTC here and now and am thinking about purchasing some calls on BITO or maybe MARA going out a year. The risk with MARA is the potential of something going awry with the company. Even so, owners of MARA enjoy the most liquid options and also a 3x return of whatever BTC does.

Above is option volume for today for crypto miners. As you can see, no stock even comes close to the liquidity of MARA — which opens up an entirely other possibility of GAMMA squeeze on the stock if and when BTC really busts loose.

I covered most of my shorts and have been buying all day and have PINNED myself to session lows somehow — off by 1.47%. How I did this remains a mystery. But I am optimistic that I can reduce said losses and set myself up for a brighter future.

I was distracted yesterday and wasn’t thinking clearly. I had a full book of oils and natty stocks, hoping and praying that Europe, this time, would freeze. I didn’t want to hurt the Europeans per se — just freeze them a little so that I could profit. If I could profit without them freezing, that would be far less dramatic — but also acceptable.

Well crude is down 3.5% and I got blown out of my positions for losses, placing me in a 1.25% hole. Bear in mind, had oil gone up today and my positions soared, this blog would’ve been intolerable about how smart of a trader I was and how happy I was to be born a genius.

The best thing that can happen for oil is for the war to end. Also bear in mind that Russian Urals oil is trading at a $20 discount to Brent — which is causing downward pressure on oil to persist. There is an evergreen desire to keep the war going and Russian oil flowing cheaply at the expense of Ukrainian blood — so until there is a lack of desire to maim and kill the circus will continue.

Markets appear strong today — but they’re not. Breadth is 35% and the IWM is down 1.2%. There is strength at the mega cap level; but everything else is 100% trash. At the moment, I am net short via TZA, LABD and FAZ.

I want to show you that I was at all time RECOURD highs before I talked shit.

We’ve got the most corrupt President at it since Grant — perhaps way worse. Come to think of it, Biden is massive piece of shit and BOTH of his sons were and are too. There is nothing at all redeemable about Kamala Harris or, for that matter — anyone else inside of his corrupt regime.

They bring nothing but danger into the lives of each living American — and I feeeeeeel like it’s time to start pricing that shit in.

We’ve got submarines stuck inside the wreckage of the Titanic, $6.3b accounting errors corrected by sending Ukraine more money. The grift and the money laundering is endless — pointing towards an evil desire to kill people. I don’t give a fuck what the end game is or the root causes. I just want this fucking risk priced in NOW!

VIX to $100, perhaps a bit more. We’re all too complacent, lazy even, hoping for the best and ignoring the worst. I have news for you, we’re about to price this shit in.

I haven’t had any real drawdown in years. I’ve been steadily progressing with my ideas and instincts and my fucking toolz and just collecting money. In an ideal world, markets would fucking collapse and the VIX would crest above $100 and people would get scared. Who is scared now?

Anyone scared of Russia? Anyone scared of recession?

No. We have fuckers out there salivating for blood and war and cutting their dicks off during their lunch breaks to celebrate pride month. We live in a crazy time and I hate it.

Nevertheless, this is my country and I’ll just have to sit around and wait for a military junta to take it over and quarantine people for their ideas.

I am +30bps, after wasting a few grand on a SQQQ hedge. It’s a waste of fucking money to attempt hedging. The SPY is down about 1.5% the past 3 days and the bears are out in force attempting to roll the ball downhill. Nothing will move and markets will only keep going higher — because we have so much fucking money — and so much control over the indices — literally nothing at all can stop this momentum.

I wish it were different. But it isn’t. So we make money betting with the bastards.

It’s finally raining in Raleigh. Lo and behold, my tree has come back to life. I was one or two more drought days away from removing it like a retard for another crepe myrtle. I watered it and watered it and it remained wilted and droopy. Who knew it needed some rain water to perk the fuck up. Perhaps my tap water is poisonous.

My next project will be to improve this fucking lawn. There is a shallow root structure because apparently my house is on top of a boulder and the rock below doesn’t permit for the grass to withstand much sun. This fall, I am buying one of those lanzie wheels and I am going to aerate the fuck out of it and then layer on a nice coat of compost, and then seed.

As far as markets are concerned, I am not really interested. I had this EXAS up 10% in the AHs last night and ended up selling up just 2%. Once I saw that I sold everything but my bitcoin, which is breaking out by the way.

But let’s not get too excited. All of you BTC maxxers are soiling yourselves over this move but remember all of the other failed attempts at $30k and simmer the fuck down.

“THIS IS IT…THIS IS THE BIG ONE.”

Relax.

I have to walk my fucking dogs now. I have two small dogs, one is shy and nice and the other bites anything that moves. I am not kidding. She is a rescue and if I leave the door open she’ll run out and bite the first pitbull she sees right in the face. Zero fear, pretty impressive stuff.

Look at you, drunken fool trying to figure out the stock market with your small brain. I give you money on a platter and you reject it. Do not get mad at me for being able to peer into the future, glance at financial instruments, and profit handsomely from it.

YOU HAVE BEEN WARNED, innumerable times. I came to this House of Worship in 2019 and informed you of my intent to purchase and accumulate ETH from $100 and proceeded to do so until I sold north of $3,000. I produced a 17x return and many of you thanked me for the tip and then later on TURNED ON ME like the venomous bastards you are — at a time when I was bogged down in a trading slump after 5xing my account live for all of you ingrates inside Stocklabs.

Fast forward a year and change my account is now 12x the OG investment and my TSLA focus account is +60% and I don’t even get an email from you bastards, apologizing for slandering me for my profitable ideas.

Truth be told, I am jesting and do not expect anything from any of you. Me and my stupid ideas will expire once I lose my faculties. There will come a place and a time when I can no longer perform at this level and I’ll probably be too stubborn to ever admit it. But here and now as you read this, with Le Fly at the tender olde age of 47, I am at my pinnacle — never been better — pinned to recourd highs — and none of you sons a bitches can say otherwise.