Sunday, January 22, 2017
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
15,149 Blog Posts

Theoretically, We Should Be Off to the Races

The Apple numbers were nothing short of staggering. The weakness started when the jackasses over at SNDK warned of how badly they sucked and how their handset sales were in the gutter. What people do not realize is the non-existent exposure SNDK has to AAPL. If you want a real levered play to AAPL, look at AVGO.

The SNDK numbers meant nothing. AAPL is Godzilla and everyone else is Japan. Therefore, it is my belief Godzilla will stomp out some fucking buildings tomorrow and eat the people inside of them, using giant antennas as toothpicks. Tech should rally, led by chips. But it might be a one day event, which is why I am heavily long grandpa stocks, like GIS, KMB and WM.

For the month of May, I am cautiously optimistic, with a paranoid eyeball fixed on the ongoings in Europe.

Off for a late night ride in my new calash.

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53 comments

  1. Halfbloodpope

    New ride?!? Please share.

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  2. Mike

    AVGO target??

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  3. Bullish

    Tomorrow the broken record players will be going strong on CNBC. “Apple had a great quarter….. BUT, they can’t sustain this growth”.

    Then we will do this all over again next quarter around $750 a share.

    Wash, rinse, repeat

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  4. Yabollox

    Steve Jobs roasting shorts from the grave.

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  5. discoordinated

    The QQQ had already pulled back from it’s highs about 7% so it seems fairly logical to see some sort of buying.

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  6. xxxHuggieBearxxx
    xxxHuggieBearxxx

    There will be no buying because i am 97% long and this is 2012.

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  7. beat

    Tomorrow should be a good day for semi’s for sure. Let’s see how many of the brazen AAPL shorts claim to have sold right before the rip on twitter tomorrow.

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  8. Rhino

    It goes to $650 on Thursday, and I’ll purchase a calash of my own, complete with Rainbow Apple Shaped Disco Ball.

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  9. The Fly

    Futs are barely up

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    • The_Real_Hmmm

      Nasdaq futures are up 36.75, +1.40%!! The indices haven’t been moving in lockstep.

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  10. pitbull

    the real fly ? he had $1.6 million in assets. By 2009, his firm held a total of $28.5 billion in assets. http://www.cnbc.com/id/47164953

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  11. Trading_Nymph

    Tomorrow could be a very strange day. Everyone is going to bed thinking AAPL will rally to 900..yet AAPL, I believe had about a 1% short interest in it,so not much if any short squeeze..so I agree with Cain T, who is going to buy this thing up at its 600ish resistance level? Tomorrow we have the Calm Speaking..and in a sense, tomorrow will be a day of Micro vs Macro with only one winner coming out if the Clam suggest no twist..could be interesting, maybe?

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    • Trading_Nymph

      We also get Draghai and UK GDP data tonight.

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    • Don't Care

      Maybe the same people that bought at the $240 resistance level you talked about in the past.

      Face it, you have been so wrong for so long on this.

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  12. fake amish

    AAPL should have missed. the clam would have showered us with cocaine blunts golden straws and crystal mirrors for sure. instead it is slightly less likely. with two cheeseburgers in hand we wait for the rocks to set the tape straight.

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    • fake amish

      cokeheads staring at a keg of piss beer a pound of dirtweed and an empty crack pipe. limbo.

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    • Blind Read Ant

      Husband’s “Alzheimer clock” was dated 5.08.

      Dr. Wife just hasn’t been told he lost his money in 2007 melt down.

      Man’s a thespian.

      Details. Check those details.

      xP

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