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

Doing “The Hugh Hendry” Is Not Very Exciting

Ever wonder what the fuck sort of chemicals are in a K-cup? Over the past 6 months, I probably consumed a million K-cup servings of coffee, without even thinking “hey is this shit safe?” Well, I am sure it is, just like eating microwaved teevee dinners every night. My paranoia is endless. It really is, mainly because people and things are, generally, out to get me. Case in point: Flotek Industries, Inc. [[FTK]] .

If Flotek Industries, Inc. [[FTK]] was a real person, I would have punched it in his face by now, with brass knuckles, for putting me through the ringer. However, as sure as I am sitting here, that fucker will print $3. Write that shit down, DEVILDOG style.

Back to K-cups. Green Mountain Coffee Roasters Inc. [[GMCR]] is a sell here, based upon my paranoia. And, let’s take it a step further. As you know, “The Fly” is an avid shopper at Whole Foods Market, Inc. [[WFMI]] . Mrs. Fly drags me into that place at least once per week, to “stock up on organic fruits and vegetables.” YUMMY! However, after further investigation, I’ve concluded: WFMI is an ass. Most of their private label shit is made in China. Let me ask you a very sincere question: if the FDA or USDA does not regulate foreign food imports (generally, they are contracted out to private companies), do you trust anything from China, with respect to its “organic credentials?”

Separately, my [[MWW]] is charging higher this morning, on the backs of an analyst upgrade. It is my belief, based upon historical reference, every 1% reduction in the unemployment rate equals another $10 in [[MWW]] . My favorite stocks, at the moment, are Fuel Systems Solutions, Inc. [[FSYS]] , Johnson Controls, Inc. [[JCI]], TriQuint Semiconductor [[TQNT]] and Flotek Industries, Inc. [[FTK]] .

And, as you know, I still like [[TLT]] . Doing “The Hugh Hendry” is a tough job; but somebody has to do it.

[youtube:http://www.youtube.com/watch?v=U8RFXKVpLGQ 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

39 comments

  1. Le Fly

    Cows are supposed to eat grass, jackass. But i am sure you prefer to eat chicken manure fed beef.

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  2. Rand

    Cows will eat just about anything, if its green its gone. Ranchers have to burn the thorns off cactus to keep the idiot cows from eating thorns.

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  3. Freddy Fishsticks
    Freddy Fishsticks

    May 2013.

    No downside market.

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  4. Fly Swatter

    Whole Foods had 16 Oz New York Strips on sale for $10.00 yesterday. Picked up a few for the week while the lady is out of town.

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    • The Fly

      Only buy grass fed beef. You will thank me later, for health reasons of course.

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      • KansasFarmer

        Grass fed beef? I’d rather eat my leather boots-about the same texture and taste.

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        • Po Pimp

          Agreed. All the imported beef over here is grass-fed Australian crap. It’s horrible compared to the grain-fed USA / Canadian beef.

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  5. jg

    omnivore’s dilemma has a good section on wfmi’s suppliers and what differentiates organic from not; also, the idea of “free range” and of course, that corn is in everything from cereal to tennis rackets thanks to the corn subsidies; speaking of which corn futures at 2yr lows

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  6. mrkcbill

    Pussy is Pussy, Larry.
    —Leon (CYE)

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  7. The_Real_Hmmm

    The Chinese factory owner will want to increase his margins just as much as the American guy placing the order. Calcium tablets made with drywall, shirts made from wheat, watches made from brass; it’s all one giant circle jerk. Pay more for standards than name brand shit. Fuck, you’re better off going to a farmer’s market for organic fruits and veggies.

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  8. GW

    Whole Foods sells local organic food from CHINA??????

    http://www/wjla.com/news/stories/0508/521743_video.html?ref=newsstory

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  9. College Trader

    Did you sell VXX?

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  10. Breakfast of Champions
    Breakfast of Champions

    I had my usual breakfast of the gods – half oatmeal + a dozen other ingredients of the gods, Incas,…
    That may keep my cholesterol/HDL/LDL low, maybe too low 155/78/70; ‘ don’t know fur sure.
    When I make more $ I will be able to eat healthier & track that stuff better.

    Re Hendry, I’ve been reading a little, wow, he used to (still does?) hold over 500 stocks at a time – interesting approach.
    I’m still trying to understand his deflation theory

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  11. henryfool

    NEWZ!!!!!! EXTRA 20 minutes of trading today!!!!!!!!!!

    http://ibankcoin.com/henry_fool/2010/04/20/the-markets-will-close-at-420-today/

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  12. panamaorange

    XLE is a good swing short, and a good scalp short at 60.58. On any dip into closing bell, it will get slammed harder than any other index.

    It just attempted to decouple upwards from all sectors/indexes, including oil itself.Potential blow off top reversal is being formed. Also, its forming an expanding “megaphone top” on 30 min chart.

    http://www.youtube.com/watch?v=6PlhJOzH0gY

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  13. mike

    What happened to Devil dog?

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  14. mrkcbill

    I want my 40

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  15. YaBollox

    Our food supply is incredible.

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  16. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Hello again sir,

    I have come here today to once again receive my 40 points. I would very much appreciate if you could deliver them to me promptly. I have many affairs to attend this afternoon, and would feel more comfortable if I were to already be in receipt of my daily allotment.

    I thank you in advance for fulfilling your end of this obligation.

    Signed,
    HB

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      how bout 50 for good measure?

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      • xxxHuggieBearxxx
        xxxHuggieBearxxx

        I would be remiss if I were to accept any allotment above the aforementioned agreed to 40 points that are my due.

        I wouldn’t want to take any action that may be construed as invalidating said agreement, as I’ve grown very accustomed to receiving my 40 points each day.

        Thank you good sirs

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  17. Muir

    And I am still taking the other side of the trade and am still short flupuke.

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  18. Prospectus

    Get.

    Drunk.

    Buy.

    Everything.

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  19. FIG

    I have a strange feeling Le Fly is in the process of buying stocks and selling others. He will chime in soon with his new fly buys and fly sells, and the rest of us will peer at these picks in wonderment. As for me, I am happy with my positions and won’t be doing any trading. ES to the moon.

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  20. Ira

    Is it it time to dump the VXX Fly??…It’s killing me after gains in LEN, COCO, and CMI (thanks for those)….Ira

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  21. noodleboy

    No I sure don’t trust china’s organic produce, they have chemicals falling from the sky there…
    Looks like the K-cup bubble is going to pop… It found resistance precisely at yearly R1 so is probably heading to the yearly pivot point… yup.

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  22. tom

    pop test……….. which stock will hit $3 first??
    Winner will get a pics of the REAL FLY. Yep I got the real pics of Fly

    1-ABK
    2-FTK

    or

    3-VXX

    Please vote thanks

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  23. Wall of Worry

    What’s that? Slow chop down, you say?

    Thanks for the help!

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  24. tradingnymph

    IMHO Europe got a hard on with the ZEW data last night.. and we are getting sloppy seconds right now…

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  25. Dubz

    Should you have a large estate, which I’m sure you must. Buy a bunch of chickens, and put them in the back let them run free, have the kids chase them. Whenever FTK gets lame, go break one of their necks and bring it to your butcher while driving past whole foods to a local organic market. Most places have one like once a week or something, Mrs. Fly will probably love it. How do I know of such odd things? Dated this chick who turned out to be a psycho whose family shopped there, Treu story.

    That may be the best usage of the term “treu” I have ever printed.

    Next up: An invention to scan vegetables for chemical content, I believe most “organic stuff” isn’t so organic, ~exhales cigarette smoke~.

    Good day,

    P.S All you pikers, my PPT “Distinguished Gentleman” renewed today, I’m up 10%+ from when I joined and I don’t know shit about stucks (sic). Hell more like 15% as I only allotted the other chunk of change to mother market a few months ago.

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