I hope you made it over to the other side of October. Even though the SPY was +4.6% for the month, it was an unforgiving and brutal final week. Between my 0.1-1% losses, I almost went mad. Well, that awfulness is behind us now. Let us prepare for The Turkey Gods and throw liberal amounts of mashed potatoes around the dinner table, whenever possible.
Critics declare “America is poor. Her economy is in the tank.” To them I say “let them eat turkey.”
S&P futures are +3.5 this morning and the turkey run has officially begun.
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next year i’m going to 100% cash second half of October.
Smartest comment of the week. Please hold me to this as well. I pledge to never invest second half of October ever.
$GOGO and $NUGT put me on the flip side of your action. Rare so I thought I’d toot the horn
IMMR moving on a miss. Did they up their guidance for 4Q?
guided to high side and announced P4 contract…getting ready to bust out of wedge at high side.
would love to read Senor Fly opinion?
Listen to the earnings call. Well worth 35 mins of your time. EPS barely missed, but the company has increased their sales force/marketing teams/R&D head count by 24% YOY. Potential for growth in the Chinese mobile space; the PS4 is using their IP (and paying royalties); gaming accounts for 16% of revenue…with new systems being released this holiday season, that number should jump, though it won’t be reported until Q1 2014.
BALT getting some love. Added yesterday @ 4.39 when I started to feel sick. So glad I did.