Spain reported an unemployment rate of “only” 24.4%. On that news, as well as the S&P downgrade of its debt, European markets splashed into the swimming pool and sank lower by 2%. However, miraculously, shares reversed and are now trouncing higher. US futures were down 10 and now they’re up.
UNSTOPPABLE MOMENTUM.
I think it’s fair to say the market is on its way to new highs, regardless of news and views. Earnings are winning the hearts and minds of investors and people like the idea that central banks will simply flood the system with counterfeit money, instead of policy makers attempting to remedy the core issues. I believe we are somewhat resigned to the fact that there is nothing any politician can do to erase our $15 trillion dollars in debt. Therefore, we might as well party now; because there’s gonna be a whole lot of pain later.
END OF DAYS RALLY.
With my money, I like YELP, EXK and NXPI.
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LETS GO HOG WILD MOTHERFUCKERS!
Love the ASAP Rockey drop, kinda hot right now.
A$AP
A Game
Amazon.com. “Blowout Quarter!”
28 fuckin’ CENTS. Stock up 38. According to my abacus that’s a 200-plus PE ratio.
And CNBC dorks are freaking out. “Amazon profits ON FIRE!” Fuck me with a busted Kindle. I’m holding my ATT and Ford.
(laughter) @ “End of Days Rally”
At the end of the Mayan calendar, every company makes their quarter.
daily 40 bitchez!
YELP shorts may get nervous today
Sippin hen mixed with goose and gin
Angi looks good
Direct competitor of mine
The holders of AZO personally went out yesterday and found everyone that shorted their stock and killed them. Not even AAPL has that kind of loyalty. $400 roll resumes.
If gdx holds my position will be in the greenb
Am I the only one who finds it funny that French presidential candidate Francois Hollande is running on the platform “Le Changement”?
For those who don’t read Jake’s blog. He hit AEM right on the nose other day. 20% gainer in 3 days.
My DECK is sinking faster than the Titanic!
Why do all these music videos (with the exception of Mr P.Glass) showcase folk who are obviously unemployed?
Shirtless drunks speaking In underclass – these bums couldn’t open an account in a department store – let alone a tab to carry a magnum of Pol Roger
I guess this mood matches the quality of this rally – honey badger living on scraps?
Do you know what a record deal is? One guy supports all his goons until the next big thing in rap shows up
what parts do AVAGO (AVGO) MAKE FOR APPLE?? does anyone know which of apples products is most keyed top the success of AVAGO??
Love this ! great writing ! think it’s fair to say the market is on its way to new highs, regardless of news and views. Earnings are winning the hearts and minds of investors and people like the idea that central banks will simply flood the system with counterfeit money, instead of policy makers attempting to remedy the core issues. I believe we are somewhat resigned to the fact that there is nothing any politician can do to erase our $15 trillion dollars in debt. Therefore, we might as well party now; because there’s gonna be a whole lot of pain later
Am I crazy or is it just too hard to get completely in ‘da party’ with Cocaine Ben, rock bottom morality and perverse social values swamping America? YES we can squeeze out a few ‘dolla’s’ here, but if it we’re Rome and the date was December 31st 475 (and it IS), would you leave the orgy, walk past the vomitorium and go place a bet at the Roman forum on the great future of Roman companies?
That’s where we are folks, and everyone who isn’t ‘archie bunker joe average’ or the moronic sociopath’s in the entertainment biz seem to know it.
We print (or threaten to print) fake money in order to help a prez fool the average idiot out there into getting him re-elected through outright deception, and this time he will know he will NEVER HAVE TO RUN AND FACE THE VOTERS AGAIN. We allow an administration to undo 236 years of the best idea for a republic in history by eroding the framework of America and destroying not JUST the freemarket, but freedom itself along with the values which created it. I’m just to depressed to get on the ‘fedpartybus’ and light my cigar. This party ends with a drive by that kills ALL OF US folks, and it could plunge world civilization itself into darkness… but hey, we’re just here to grab as much as we can and run out the door, right? I am really sad for America.