I have a true story for you this morning. My window cleaner texted me this morning, complaining about the stock market and how it keeps making all-time highs despite the economy underperforming. He’s a gold guy, Tea Party extraordinaire, hater of Obama to the third degree. Guys like him, and Rick Santelli, would love nothing more for the country to burn under the leadership of Obama. It would justify their missing out, so to speak, on one of the greatest bull runs the market has ever known.
My response to his text isn’t important. What is important is the wall of worry that we seem to overcome each and every time the market runs into a snag. This time the depths of the decline in some of the high tech stocks was a little more worrisome than previous declines, causing a full Edward Longshanks rout of the sector. Lo and behold, all appears to be good now. The weather is getting balmy. Restaurants are buzzing and people are getting drunk again.
Gold and silver stocks are placed back into the ‘fag box‘ and WDAY beat earnings again, for what is probably a record for any single management team in the history of publicly traded companies.
I’ve upped my risk profile a little bit and hope to take some short term profits soon. I am not going to just sit back and watch my positions climb or drop. I intend to be very hands on with my holdings, as it is the only way for me to outperform the market.
I’m expecting a little profit taking this morning, followed by a late day recovery. We should post another up week and continue to rally from now until late June.
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The last PPT signal was nothing short of epic. As was your weapon of choice, bravo.
You went from having several windows to having only ONE
just before the opening?
Rents must have been raised significantly.
Huh?
This tard has a weak grasp on the English language believing you should have referred to him as “my windows cleaner” indicating you own more than one window.
ROTFLMAO
On the front page in the blurb it says “my windows cleaner” and in the article it says “window” how can this be?
Magic parlour tricks
I never stopped getting drunk!
Would have gone with a picture of The Ultimate Warrior myself.
I told you dipshits to buy JD on friday at $20. It’s now $24 and change. Dumb asses.
Go pull a Livermore.
Best win dude has ever had.
Man your timing on these high fliers has been poor at best. Good luck though. I’m long a barrel full of YELP for a long long time.
No mention of xon, shit talker? Or jazz?
XON is highly manipulated. Little volume.
It’s all good. You will be correct as you dip your toe back in the high growth waters. Just need to be careful. Remember, the high growth stocks like CSCO went through nasty downturns in early 1997, much like this one, only to go on to huge gains.
Not to mention the 1994 washout that everyone thought was the end of the bull run in stocks like CSCO. Many of these sport high price to sales ratios, but a good chunk of em will be massive winners. YELP is at the top of my list. It’s becoming Google for local right before our very eyes.
YELP will never be the Google of anything. TRIP and Foursquare are both more useful for tourists and locals alike.
Why do Obama lovers think we (haters) missed out on this Bull Run for the last four years? Just because we can’t stand the Circus monkey doesn’t mean we can’t trade.
I am here to tell you I never thought I would be worth what I am now. In the past four years I have tripled my wealth riding on the back of this fucking make believe market. Your window cleaner is a very wise man. There WILL come a time when all you Obama lovers who’s dick swells every time the POS talks will see this market burn! Your non believers now, BUT, you will believe when you have to pick your accounts out of the dust and rubble. The man’s the greatest fraud ever perpetrated on the American Public.
you need to separate your idiotic views of the world with the market and you will be better for it. actually, scratch that. just separate yourself from this world and we will be better for it.
You poor lost soul
I could hear you better if you could keep Obamas member out of your mouth.
Only a tool cares about politics and thinks he has any ability to change the powers that be. live life, be happy.
This, we can sadly agree on.
If the market crashes after Obama’s term ends it will be the fault of the white devils in power again.
Obama ranks among the most outstanding Presidents for accomplishments, despite inheriting a total mess from Bush.
RECORD high stock market (almost tripling under Obama), unemployment PLUNGING, economy growing solid, house values RISING, inflation low, interest low, gas prices $1 under what they were under Bush in 2008; getting us out of Afghanistan, getting Syria to destroy their WMD, getting Iran to negotiate, deficit down 70% from Bush’s last deficit, record high USA domestic oil and gas production, health care provided to the destitute, presided over the capture and killing of Bin Laden.
A GREAT year for Obama AND America!
Senor, Thanks for AFOP & XON-
bought AFOP @ $11.8 and sold today
bought XON @ $18.01 and sold today
Bought NUGT w/ proceeds, god help me.
methinks this market mirage is about to crumble yet again…sigh…going back to building my underground bunker
Could I hazard a guess that Jake Gint is your window cleaner?
It would seem we all know someone who is the “Tea Party extraordinaire, hater of Obama to the third degree”. The guy I know has passionately spoken about the demise of housing, federal reserve, monetary policy, Ayn Rand, etc. If I listed to him, I wouldn’t have made money in housing or the stock market. Frankly, I’d be as bitter as him and that’s a sad place to be.