The bears will be eating kibbles and bits soon; because there is nothing left for them to cling onto. All of their theories of a shattered economy have been thoroughly debunked by Intel Corporation [[INTC]] . Case in point: RIDICULOUS margin expansion at Intel. Those chip gobblers did not beat estimates. No, it was a lot more than that. The nerds at Intel GODSMACKED estimates, particularly on the margin side, coming in at 51% (estimates were 46%). As you know, I’ve been bullish on chips, due to the huge spike in capacity utilization at the foundries. Now that the margins are exploding at INTC, I have to get bullish on the end user, specifically retail.
More on that later.
The way to play this is simple. Get long tech names that are sensitive to the end user, such as Corning Incorporated [[GLW]] , OmniVision Technologies, Inc. [[OVTI]] and Atmel Corporation [[ATML]] . Additionally, I am still very bullish on the 4g/smartphone space. Take a look at ADTRAN, Inc. [[ADTN]] , major supplier to the At&t network (think iPhone). ADTN just smashed numbers too.
So, in closing, how’s that head and shoulders formation looking now? You ball jugglers have no idea what you are talking about, 90% of the time. Hence, it is no surprise to see you default to oddball technical analysis theories, making believe you have a clue what you are doing.
Good day to you, Sir.
Gentlemen of The PPT: Thesis Update.
[youtube:http://www.youtube.com/watch?v=3G_GF1e4ClY 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
oh my 😮
You still bullish on FTK, Fly? It looks like it’s starting to march its way up
I own a lot of FTK.
this is starting to feeling like a melt up.
stfu this market wont make a higher high just like glw wont
you dennis knell wanabe
Fuck off, crackhead
I throw myself at your feet , Sir!
H&S pattern delivers hand grenade to bear scrotums…too funny..C’mon every shit-tard on CNBC was talking about it…fucking Duh…..asshats…
oh yeah and Fuck that beaner skank Sotamay-whatever.
Go SHORT here, dipstick. You clowns don’t understand a counter-trend TECHNICAL RALLY.
There is no such thing as “technical rally.” TA is the equivalent to voodoo.
Oh and you do understand it, right? Like how rectum picker?
at least change your nickname when advising going short
SP500 at 922 here. With FLY trash talk post, I predict sell off rest of day. Very high hit-rate trade.
fuck off, coffin stuffer.
so go short here then…empty prediction are fucking stupid
Exactly.
What’s a coffin stuffer? lol
We are all coffin stuffers.
every bear from last week is trapped..i think i can hear tim gayfuck knight squealing like a bitch
ROFLMAO!
BTW: PPT nailed the current tape, from peak to valley back to here.
Great call. Stuck to thesis — – received egregious grief. Experiencing gains of big-dicked variety today.
Good day to you, Sir.
Jeez louise there’s some angry cubs around today. As much as you don’t believe it no one can will this market higher, it just happens you graceless fucking losers.
Man up and take the hit. I don’t blame anyone but myself when forced to take loss.
Speaking of sore losers , where’s the Dog?
the Dog is at a Zen Yoga class…practicing flexibility so he can continue to fuck himself.
ROFL
gotta save that one for later. thanks CnG. i’ll mention the credit.
ROFL
man.. just read it again.. fucking classic…
I prefer Nipples and Tits to Kibbles and Bits, I find Kibbles and Bits a bit dry…..
Is DD still long FAZ or did he sell out?
the marging clerk repo’d his laptop, and reduced his position size to 500 shares.
Mother of all head fakes coming to a market near you….courtesy of the employment numbers due out tomorrow.
Why is Carol Burnett on CNBC talking about emotions?
OMG hilarious. She does look like Carol Burnett.
she’s a women…..nuf said….
a critical view of INTC’s numbers:
http://market-ticker.denninger.net/archives/1216-Intel-Too-Much,-Too-Far,-Too-Fast.html
Guess this doesn’t really fit into Karl’s thesis of the Golden Cross not working. Fuck, do ya’ll remember how many trolls hit my blog when we crossed beneath the 200dsma?
C-N-G, no, fuck all of the legal gun owners and white firefighters. She’s as good as in and she knows it. Just another bad American joke brought to you by our leaders in DC. Hail the King, Pelosi, Frank and Sotomayor. Fox News is carrying the circus show word by word. What a word dance it is. Indued.
not worried..fullly stocked…would be a sad day if they knocked on my door..although an interesting local news day
Cash, spread the goods out, grandmas house is a great spot for stashing some semi-auto’s and the grenades….. LOL.
sage advice…was speclial ops -marines…2nd generation..college grad…high level shit that i care to forget..i think i am ready.
Ditto here, but seriously, what do you do with a swat team armed with a warrant or a mob of a hundred with bad intent?
All of those Southern Boys in N.O. would have laughed at their guns being taken away but it happened after the hurricane and they couldn’t do shit about it.
Jeremy is away, likely hung over.
Go watch stocktwits tv
http://stocktwits.com/streams/all
bad news is now good news, American airlines announced shitty news and a shitty future, stock shoots up 4% on the news…..
I’m in UAUA here, have been for a few weeks.
all we need is some more bad news from the airlines and we’ll shoot up 10%…seems to be the flavor of the month. In fact if we can get British Airways to go bankrupt all the other airlines should shoot up 25%
all the airlines are bankrupt..they just havent made the announcement yet..
great, they should all shoot up 150%
not this one ..for devil dog…http://www.breitbart.com/article.php?id=D99ECQSG0&show_article=1
Who can tell me the person in the iBC commercial above?
Quick.
The guy on the subway or the guy with the Meerschaum pipe?
The guy with the Meerschaum pipe is of course Sherlock Holmes….
looks like that Zack fucker from Fast Money?
CORRECT. Taken by an iBC operative on a NYC subway car.
do I win a prize?
LOL….
ADTN slipped a little there.
Adtran sees FY09 HDSL business down single digits
These comments were made on the company’s Q2 earnings conference call..
Adtran’s conservative Q3 guidance due to uncertainties
The company had a better Q2 than anticipated and there is still uncertainty in the IOC and HDSL market. Therefore the 3%-%5 revenue growth projection for Q3 was lower than the company’s usual 6%-7% growth rate. These comments were made on the company’s Q2 earnings conference call..
saw that. I still like the name. I would not buy here, due to slippage. Instead, I’d catch the dips.
Is it a young Jim Cramer?
Wrong.
Isn’t he that Zach Karabell douche?
yes
anyone have the link to Kneale/punyandy?
i think my TV debut has sparked a major “fuck you bears, you are dead” rally. nice.
Is that Gary Kaultbaum!? lol
There lies a bottle of 12 year old Chivas broken on a rock. Too bad. Call your Congressman and oppose the governemnt takeover of health care. Floss regularly.
Speakin’ of Chivas … where the fuck is that bear?
Chivas is like the great Jesse Livermore… he goes off on a fishing trip and the market goes berserk.
I wonder if he’s going to cut short his trip like Jesse did?
______
FAZ getting ready to hit and go below its 52 week low….. poor DD….
I’m thanking the stock gods i stayed disciplined and opened and sold my position yesterday. Lol at the spam protection btw. maybe there should be a stupid protection?
July 15 (Bloomberg) — Huntsman Gay Global Capital LLC, the private-equity firm whose partners include retired football star Steve Young and former Citigroup Inc. executive Gary Crittenden, raised $1.1 billion for its first fund amid an industry slump.
“As the credit crisis hit, it was clear that actually creating value was the only thing that was going to work, and investors recognized that,” Young, 47, said yesterday in a telephone interview. “With fresh capital, limited partners
Is this sign that silly money is coming back?
Some Technical Analysis note on JPM for earnings
BULLISH CASE: There is an active bullish flag on the weekly chart, with upside potential to the $44 area. The breakout area for the flag was at the $35 level. A move back below $35 would invalidate the pattern. On better than expected news/outlook the stock could trade to the upper limit of the bullish price channel at $36.65. On a bullish breakout above the price channel the following resistance levels would become upside objectives: $36.88, $37.45, $38.07, $38.71, $39.32, $40.04, $40.67, $41.38, $42.07. BEARISH CASE: On worse than expected news/outlook the stock could trade to the lower limit of the price channel at $35.09. On a bearish breakdown below the price channel the following support levels would become downside objectives: $34.45, $33.92, $33.65, $33.10, $32.54, $32.05, $31.50, $30.58, $30.00, $29.54. NOTE: Small short-base at 1 day to cover, with 1.2% of the float short. Traders are positioned for positive news. Reactions on a surprise, especially a negative one given the short-skew, have a high probability of being extreme in duration and price. Very high gap risk.
Well thank you 308!
Artist – Awesome if you’re short it.
someone post the link with DK and P-andy….
ENTR slowly raising its head for a breakout to upside.
DVAX acting better
FAZ shitting the shower…many Vipers being repo’d
If no one noticed yet, short DELL!
Atlantic ocean sure is calm? where are the damn storms?
we need to get this UNG hopping…..
no storms this year…activity is not ripe for an active season..sorry.
guess is time to short TSO then…..
Who is that Fly? It is bugging the shit out of me.
zach karabell
RFMD anyone?
Been short NVLS since 18.14 and KLAC 28.66.
Should I cover?
Scary.
Side note.
I have a possible offer to get back doing legal work and will know next week.
Been daytrading for over ten years and am bored with it.
Should I go back doing lawyer stuff?
It would be interesting and without the usual administrative crap and would involve no overtime.
cover
bartending at an outside ocean front bar in the French Riviera sounds better.
TC … you trade for 10 mins every morning then watch the Beav, take a nap and then comment ovah heah the rest of the day … a bored trader? That said, you’re still the tops TC!
C’mon TC… you know deep in your heart being a lawyer sucks ballz.
I’ve never met a lawyer without a pained look on his face.
___
ENTR working its way towards breakout today….
In ENTR 2.69
Read it:
http://www.rollingstone.com/politics/story/29127316/the_great_american_bubble_machine
go to front page and watch stocktwits tv. This kid knows his stuff.
yea, but it’s rationed.
OIG – Obama is God. Ummm, there seems to be some kind of conflict? How will it be resolved?
Obama is a half muslim socialist moron, who has Never run a profitable business, or worked for one.
FO=FUCK OBAMA