iBankCoin
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.
Joined Nov 10, 2007
23,433 Blog Posts

Time to Price in Obama

“The Fly” hates politics, so don’t start with your low-end babble. However, for the sake of knowledge, I did a little research on McCain’s maverick pick: Palin.

At first, I hated it. Then, I loved it. Now, I hate it again.

First of all, recently, she had a baby—who was born with down syndrome. Now, I applaud her for having the baby and not taking “the easy way out.” However, she went back to work—only 3 days after giving birth. What kind of huckery is that?

I mean, as a parent, I’d be appalled at my wife if she did that.

Also, it’s worth noting, her husband works for BP. As you know, “The Fly” has nothing but love for the oil companies. But, this will not go over well with people who hate oil men.

Pricing in an Obama win will be very arduous. You have to discount the market by at least 10%, considering his stance against free trade and capital gains.

On the plus side, it’s time to take a serious look at alternative energy stocks. I foresee the Obama administration funding alternatives, like a drunken Ben Bernanke at a Bear Stearns X-mas party (I know that made zero sense).

Separately, the market is boring me to death. Not even a “Deacon of Death” can get the oils going.

Contrary to what the market is saying, I still like the oils here.

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29 comments

  1. the Bull

    Fly-You are a great trader but clearly a political moron.

    McCain landslide is in the works.

    You read it here first.

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  2. Market Fool

    McBama, Ocain, it’s all the same man.

    POOF, your bullshit change you believed is the same ol status fucking quo with either candidate.

    The political supertanker hit a fucking iceberg long ago man and it’s already at the bottom of the ocean.

    Next!

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  3. AAhhhh

    Political moron?….sounds like a complement to me…..

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  4. Flux Capacitor

    Pricing in an Obama win will be very arduous. You have to discount the market by at least 10%, considering his stance against free trade and capital gains.

    Way too early for that trade. Messianic Nobama fervor infects the street as much as anywhere else. If Hussein wins the market will enjoy an orgiastic run-up for 12 to 18 months before the effects of communist economics are enough to bring it down.

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  5. mrkcbill

    “huckery”

    Thats good…really though Fly –who gives a Sheet if she went to work after the baby?

    Have a good weekend. What date are you looking at for IBC’s first annual convention? possible sites..Brooklyn? Louisville? N.O? S.D.? HW? Boca? Richmond?

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  6. The Fly

    KCbill:

    A Mother needs to bond with her baby. It’s especially alarming that the baby has down syndrome, yet she didn’t take the time to bond with him.

    I am sure your wife would agree.

    Hey, if McCain wins, my war stocks will go up. I just have a hunch this will not be a winning ticket.

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  7. Donny

    Hello … is that not the hottest looking politician you’ve ever see. She is easy on the eyes, unlike that she-male, Hillary.

    44 year old MILF (5 times over) … WTF? From Alaska of all places.

    Hey, I think I have finally found a reason to vote.

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  8. theinsider

    FLY- I like the pick- as we all know they vote by mailing seal pelts into Juneau-She’s tough, grew up middle class and has more experience than obama and could seriously kick biden’s polictical hack ass.biden(can’t even put his name in caps)has lived with his mother during his tenure in D.C.HELL SHE’S A SHARPSHOOTER.But WTF obama=puts-MCCAINE =CALLS

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  9. Walt Disney

    On a lighter note, keep your eye on SRS for any washout.

    I start buying on weakness @ $82

    The $RMZ index tracks CRE. As it approaches the 200 dma, REITS get clocked every time.

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  10. mrkcbill

    Fly- I really have no idea what she did or didn’t do– I do know as VP or Gov. she will be able to offer the kid a better life .. I’ll grant you that its a little weird to have 5 youngins and be in this position. But this is America 2008…

    I’m sure Obama’s cute little girls are not getting the Father they bargained for either its just the nature of the game.

    Huck it…Just bought some UNG..

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  11. alphadawgg

    Just checking in. Taking the day off (so to speak)—only “monitoring” the happenings in the market (uh-huh).

    I happen to really like McCain’s pick: woman, mother, governor, son in military, husband blue collar guy, energy state, environmental state, non-DC insider, former beauty queen, etc. In short, this woman is ideal for most men out West who are working class, outdoors and conservative. She also hunts and fishes and is an outdoorswoman. How cool is that? She gets the manly vote hands down.

    ——————————

    On the investment side:
    Fade any rally in oil.

    OECD Composite Leading indicators continue to warn on global slowdown and oil price decline.

    U.S. average crude oil consumption YTD through July continues to decline.

    Look it up, chief.

    ————————————-

    Y’all have a great weekend!

    The four-day weekend starts…..now!

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  12. mrkcbill

    Jake, wasn’t there a famous Russian Sprinter name Gustav?
    ****************************

    A priest and a rabbi were sitting next to each other on an airplane.

    After a while, the priest turned to the rabbi and asked, ‘Is it still
    a requirement of your faith that you not eat pork?’

    The rabbi responded, ‘Yes, that is still one of our laws.’

    The priest then asked, ‘Have you ever eaten pork?’

    To which the rabbi replied, ‘Yes, on one occasion I did succumb to
    temptation and tasted a ham sandwich.’

    The priest nodded in understanding and went on with his reading.

    A while later, the rabbi spoke up and asked the priest,

    ‘Father, is it still a requirement of your church that you remain celibate?’

    The priest replied, ‘Yes, that is still very much a part of our faith.’

    The rabbi then asked him, ‘Father, have you ever fallen to the temptations
    of the flesh?’
    The priest replied, ‘Yes, rabbi, on one occasion I was weak and broke with my faith.’

    The rabbi nodded understandingly and remained silent, thinking, for about five minutes.

    Finally, the rabbi said, ‘Beats the shit out of a ham sandwich, doesn’t it?

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  13. Goldie

    Fly,
    You still interested in VSE?

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  14. TX Slave Trader

    With McCain having a history of heart disease in his family and already outliving his parents, why on earth would he choose a 44 yr old mother of five from timbuctoo to succeed him in a time of war? I mean, I get that he wants the whole Hilary vote or whatever, but the idea that she would be running our country is extremely unsettling…particularly with McCain’s staff already busy full time changing his diapers.

    And I couldn’t agree more Fly, it’s honorable that she went through with the pregnancy and that shouldn’t be overlooked one bit, but how on earth is she at work three days later and on the presidential FK’N campaign trail three months later!!!!

    Get ready for Obama/Biden barring an egregious assassination, long alternative energy, long stemcells (STEM, ASTM, GERN), short drug stocks, short hmo’s, and praise be Ala!

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  15. Danny

    you kidding Fly? Obama is still Obama. McCain could have picked an egg sandwich as a running mate and he’d still get my vote. But then again, politics is for asshats, so let’s just forget it.

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  16. Employee8

    That Palin looks like Tina Fay …. Odd, no?

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  17. Employee8

    Clinton tried to bitch slap the pharmas and it didn’t work … they are already discounting an Obama win so like the Clinton years they may well rebound and outperform …. pair trade long MRK/ short Hum as Obama will wrestle rate reductions from the HoMOs …

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  18. Hugh Hefner

    You guys thinking Palin is hot?

    Aren’t you setting the bar a little low?

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  19. brian

    I guess McCain has the trust fund baby vote locked up. ie. Danny

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  20. Prospectus

    Moral Quandry: Since “Huckery” is clearly allowed, would “Phuckery” be also allowed? What about “|=uc|<3r13”?

    These are the times that try men’s souls…

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  21. Danny

    politics, hugh, we’re talking politics. She’s hot for politics.

    It’s like when I used to look at this girl Holly in my acct 421 class. Sure she had perfect tits and an ok face, but on the street I probably wouldn’t have even noticed her.

    But, stick her in an acct class (acct doesn’t quite attract the ladies like a comm or anthro major) and all of a sudden I have dirty thoughts.

    Plus, she’s a woman in power.

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  22. Prospectus

    @Hef–

    It’s all a relative valuation game among those in politics. Rotting goat livers look better than the Pantsuit Monster…

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  23. Can of Corn Humper
    Can of Corn Humper

    She’s better than a can of Green Giant corn:

    http://bp0.blogger.com/_hWAVXHNngbk/R2PlYvMVm5I/AAAAAAAAAPQ/bsqIRFnjQ90/s1600-h/Sarah-Palin-Vogue.jpg

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  24. Prospectus

    @Danny: You think you had it bad in accounting. Try engineering. I can count on one hand the girls we had in our classes. And they were there for their brains, you know what I mean? Wow.

    I had to go find my wife in the “Family Life” department in the education college. 🙂

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  25. dave

    Palin will rout all comers on energy policy, from drilling to environmental concerns. Furthermore she ties energy and drilling into hundreds of thousands of union jobs. Hello Ohio, PA, MI; goodbye Bambam. Funny, if BHO picks Hillary he is 15 points up and pulling away. And I thought community activists were smart.

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  26. boca

    Speaking from personal experience… in my opinion she should be with her baby and screw the politics. No political office is worth more than a child who needs you more than most.

    No matter my personal preference, I do believe Obama will win.

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  27. DPeezy

    Prospectus knows what he’s talking about. During the course of my engineering education, the good times were when we got up to 18% female students…in the entire college! And they were corn-fed brainiacs, mostly.

    Fortunately there was an all-girl liberal arts school across town.

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  28. Market Fool

    Totally agree with Fly on the child/baby thesis.

    However, I would speculate the governor lady has likely got an incredible live in nanny. Crap, we’ve got one (kind of like a loving grandma) and there is no governess in our house. Wifey and I have got a 6 month old (1st child).

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  29. Danny

    brian – you sure sound bitter. I’m sorry I created a successful business at a young age. You oughta go get a massage or something.

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