After Hours Carnage: $AMZN, $DECK, $GPRO, $FEYE Sharply Lower After Posting Earnings Shortfalls

The details are somewhat unimportant at this stage in the narratives of $FEYE, $GPRO and $CMG. They’re consummate losers — broken and disheveled companies who have lost their way and have been relegated to the trash heap of Wall Street.

$AMZN and $DECK, however, have proven to be competent companies. As is the case of Amazon, it is a great company — the very best black hole ever created for the benefit of mankind. While it’s true, your local shopping mall will one day be used to house Amazon inventory, creating a sustainable wave of unemployed retail workers from nearly all walks of fashion, you might be better for it.

Certain stocks are getting a comeuppance in the after hours session, with notable losses in the aforementioned names.

Post-earnings losers: DECK -21.6%, FEYE -18.4%, GPRO -11.1%, HBI -9.7%, PACB -7.6%, ATHN -6.8%, AMZN -3.6%, CMG -2.8%, GIMO -2.8%

And here are some of the gainers.

Post-earnings gainers: PXLW +17.5%, DATA +12.8%, FTNT +8.1%, ESL +4.8%, PCTY +3.6%, AMGN +3.4%, CY +3.1%, CENT +2.7%, ELY +2.4%, V +2.1%, CSC +1.7%

Naturally, I’d be inclined to suggest any pullback in AMZN is a buying opportunity — based off recent history. I would not, however, suggest even thinking about buying dips in CMG, FEYE, DECK or GPRO. Their downturns seem more serious and it might be a few quarters before those stocks do anything worthwhile.

The last time the market was any good at all was in 2012-2014. Do you remember those days of elasticity and overzealous chicanery? It was the zenith of speculation — men running around halfway naked, fully invested, devoid of cowardice. The meat sector was on fire — thanks to ‘animal spirits’ and an appetite for rarely cooked protein. Men hit the gyms more often and bulked up on pan seared steaks and grilled chickens, whilst the ladies nibbled on nuggets and/or lamb chops.

Now that President Trump is in office, a man who loves steaks and allegedly stacks three on top of one another during supper, coupled with a tall glass of milk, those same animal spirits are back — the spirits that escaped the country the last 3 years, during the nadir of Obama’s second term, thanks to a boorish Federal government meddling in the affairs of industrious men.

According to the seasonality engine, powered by Exodus, now is the best time of year to own meat — ahead of the grilling season. Everyone is stocking up, if I might be so bold as to say so.

Some out there might, per chance, not believe in the power of meat and instead opt to live a holistic life of fuckery — resorting to flaccid bean patties and/or soy burger, a vegetarian and blasphemous existence. Those people are disgusting and have forgotten the evolutionary spirit that is the human experience. All true and good men eat cows. We eat them barely cooked and without side dishes.

The amount of protein garnered from said cow permits us to build muscles, which can later be used to sack cities and to kill weaker men from adjacent countries.

We’re living in an age of weaker men — wholly uninterested in wholesome things, such as raising a family and beating up neighbors. God willing, all of that is about to change now that a real man (extra Clubber Lang) is in the Oval Office — hanging up on cucks from lesser quality nations, threatening them with invasion should they not adhere to our wishes.

Take the steak.

There’s something about the term ‘animal spirits’ that’s very carnal to me. It implies fervor, a derivative of the most base human instinct, which is to conquer and plunder. I’ve read a few articles today referring to the market as imbuing animal spirits. I tend to agree.

While the uranium sector is taking a pause, the metals look good. I cannot stress to you enough how crazy that $X guidance was yesterday. The stock should double in 2017, taking with it the whole sector. I prefer $CLF because of the leverage and potential upside to $30 from current levels.

Once the market starts to talk fiscal stimulus, you’ll see the steel and zinc plays break the fuck out — snapping necks like it was Thanksgiving.

I don’t pretend to know all the answers, I actually know them.

While you ball jugglers attempt to figure out what’s going on, I’m in the zeitgeist seeing it all — omnipresent — aware of almost every facet of human existence and how it trickles up to markets.

It’s February now and the market hasn’t crashed onto the orange face of Donald Trump. Ergo, the rally is for real.

Don’t hesitate to step in.

Australia is a garbage country filled with inbred criminals. Aside from that, they struck a great deal with President Obama, sending us their shit refugees in exchange for some Western Hemisphere ones. The whole thing sounds absurd.

Why the fuck are we accepting refugees that Australia doesn’t want? Moreover, if it’s only 1,250 people, why can’t Australia just place them in one of their spider infested towns, on that God foresaken continent of theirs?

According to the AP report, Trump hung up on Turnbull after 25 minutes of yelling at one another.

Last night I was suspicious of the leaked phone calls being fake news. Now I think the Trump team deliberately leaked them due to the following tweet.

Do you believe it? The Obama Administration agreed to take thousands of illegal immigrants from Australia. Why? I will study this dumb deal!

— Donald J. Trump (@realDonaldTrump) February 2, 2017

If the leaked transcripts were false, Trump would’ve went nuclear on AP by now. Plus, whoever leaked made sure the sinners at CNN didn’t get the scoop. If there was an insider who wanted to hurt the Trump team, logic dictates they’d go to the news agency that hated Trump the most, right?

Lastly, during this morning’s prayer (who does that?), Trump alluded to ‘tough phone calls’, telling people not to worry about them. The world is in trouble and The Donald is just the person to fix it.

At #NationalPrayerBreakfast, Pres. Trump says "pray" for "Apprentice" host, defends "tough calls" with world leaders https://t.co/Jz4tPML4zK pic.twitter.com/2auwKA2kB2

— CBS News (@CBSNews) February 2, 2017

“The world is in trouble, but we’re going to straighten it out, OK? That’s what I do – I fix things,” Trump said after saying that freedom of religion was threatened.

“Believe me, when you hear about the tough phone calls I’m having – don’t worry about it. Just don’t worry about it,” he said.

“We’re taken advantage of by every nation in the world virtually. It’s not going to happen anymore,” he said.

Talk about carrying a burden.

I can’t recall reading a more bullish investor letter by the often glum Dan Loeb — who has played the deflationary trade for several years, moderating himself in conservative investments focused on free cash flow.

The Third Point founder, crusher of Bill Ackman, is very bullish on stocks due to Trump’s win — greatly upping his stakes in banks and other stocks that might benefit from reflation.

Moreover, he believes Trump marks the end of QE, ushering in a new era of fiscal stimulus that will awaken the animal spirits.

This is truly a profound 180 degree reversal for Loeb aka Mr. Pink esq from the goddamned Yahoo message boards.

Anyone else remember Mr. Pink from Yahoo? I used to converse with him on a few boards. He was a superb shit poster. That was Dan.

Source: CNBC

“The U.S. Presidential election was the most significant event of the year and the most important paradigm shift since the financial crisis,” Loeb wrote in the investor letter Wednesday. “Starting the morning after the election, we took immediate steps to reorganize the portfolio around investments that we believe will benefit from Trump’s stated policy objectives.”

Similar to billionaire investor Stan Druckenmiller, Loeb is optimistic on the U.S. economy under Trump.

“In the immediate term, we believe we will see an acceleration of economic growth at home. Electing a President who is seen as pro?business (ignoring his protectionist views on global trade) has awakened animal spirits,” he added.

To take advantage of Trump’s agenda, Loeb increased his fund’s financials exposure to 11.8 percent one month after the election, compared with its 4.4 percent exposure on Nov. 8.
“These [exposure] figures actually understate the magnitude of the shift, however, as we reallocated half our initial holdings from high multiple, FCF businesses in Payments, Ratings, and P&C (which traditionally outperform during periods of deflation), to more traditional reflationary exposures in Banks, Brokers, and, geographically, in Japan,” he wrote. “Our conviction has only increased since we first initiated these investments; we have added exposure to each of the names in 2017.”

Loeb cited positive tailwinds for bank equities such as rising interest rates, increased fixed income and currency trading revenue, and the “operating leverage” inherent in financial companies. He said his bank stocks are valued at less than 10 times earnings and will be able to grow earnings-per-share at a “high-teens” percent growth rate going forward.

The hedge fund manager also discussed his Trump economic agenda expectations:

“Trump’s election has accelerated the end of QE. The baton is now passing from the Fed to the Treasury, which will provide fiscal stimulus via comprehensive tax reform and infrastructure spending. We expect a significant reduction of corporate and individual taxes, the elimination of the interest rate deduction, and the removal of the deductibility of state and local income taxes from federal returns. To stimulate investment, we see an immediate deduction for capital spending and a dramatic pullback in government bureaucracy, red tape, and regulation.”

He was supposed to usher in a new era of frugality at Ralph Lauren, do away with the old man’s pet projects — but now he’s gone.

Ralph Lifshitz aka Ralph Lauren issued a statement this morning to inform people that his CEO, Stefan Larsson, was leaving the company — due to differences over the direction of the company. This is a highly unusual departure for a CEO — akin to being ousted.

Larsson had just implemented a new strategy to remove the Ralph Lauren brand from the discount racks, in an attempt to firm up margins and reinvigorate the brand. Obviously, Lifshitz did not agree.

“Stefan and I share a love and respect for the DNA of this great brand, and we both recognize the need to evolve,” Ralph Lauren, executive chairman and chief creative officer, said in a statement on Thursday.

“However, we have found that we have different views on how to evolve the creative and consumer-facing parts of the business. After many conversations with one another, and our Board of Directors, we have agreed to part ways. I am grateful for what Stefan has contributed during his time with us, setting us in the right direction with the Way Forward Plan,” he said.

Shares have been in a freefall for several years now, amidst tumultuous declines in earnings.

Shares are plunging by 10% on this news.

Criminals are not very smart people — which is why they always get caught. The man who was beaten unconscience is rumored to have died. I don’t have anyway to deny nor confirm, only that he sustained serious head wounds and was taken to the hospital.

The clown below bragged about it on Twitter, but has since locked his account after getting doxxed.

So I guess this is the #Antifa leader who assaulted the guy.
If that guy died this guy is in the deepest of shit!@teen_archer
ur Fucked! pic.twitter.com/B228mWFCwV

— 0 (@Republican__Man) February 2, 2017

Here is video of the man, after the fact, while another was being dragged and beaten with a shovel.

antifa beating an unconscious dude with a shovel at their UC Berkeley Milo protest on periscopehttps://t.co/oAc9R9fgLR pic.twitter.com/DuPE0MjNgm

— (subtle) (@KittenUwU) February 2, 2017

Here’s another angle.

Liberals are currently beating peaceful Trump supporters unconscious at UC Berkeley. Disgusting. pic.twitter.com/QaosUePFKc

— Punished Alaska™ (@bakedalaska) February 2, 2017

Some super cucked loser sprayed a woman in the face, while she was giving an interview with someone, because she was wearing a Trump hat at the Berkeley protests — which later became a riot — because Milo had planned to speak there.

My friend was giving an interview when some coward peppersprayed her #Berkeley pic.twitter.com/CDpEqDsw2A

— janey (@janeygak) February 2, 2017

Here’s another angle of together incident.

A woman wearing a #Trump-style hat was pepper sprayed at #UCBerkeley protests. She & @WayneFreedman are alright: https://t.co/g7WofodFyD pic.twitter.com/JD3Bt1y7rE

— ABC7 News (@abc7newsbayarea) February 2, 2017

Here is another incident where a young woman was hit in the head with one of their terrorist flags, and then pepper sprayed — because they’re anti fascist and want ‘true democracy’.

Young girl doing nothing, has head smashed with a pole then she's tear gassed by #antifa hello @ucdp_cal @UCBerkeley #UCBerkeley #MiloAtCal pic.twitter.com/VSFW5A6fDO

— Patriotic Rosie (@almostjingo) February 2, 2017

I am familiar with violence, having grown up surrounded by it. These people committing acts of violence aren’t tough, they’re cowards attacking defenseless people — in this case women.

I look forward to more AntiFA protests, culminating to an event when a proper police force cracks their heads open, en masse, teaching them a lesson they will remember for life.

Breitbart columnist, Milo Yiannopoulos, was supposed to give a speech at ultra left wing University at California Berkley — but was shut down by the AntiFA (anti-fascist) weirdos — who, rather ironically, act exactly like fascists by shutting down free speech of anyone they disagree with. It’s worth noting, AntiFA has been at the vanguard of the anti-Trump protests, making them — literally — anti-democratic.

Milo just released this statement, letting people know he was evacuated and that he was safe.

Stay safe everybody. pic.twitter.com/dLeL9BP382

— Stefan Molyneux (@StefanMolyneux) February 2, 2017

Here are some of the domestic terrorists at Berkeley.

I was going to attend Milo’s talk at UC Berkeley, but we heard some “booms”, fire alarms went off & were immediately escorted out #miloatcal pic.twitter.com/j3Ewk8NtPn

— Cassie Jaye (@Cassie_Jaye) February 2, 2017

Didn’t see what happened but a man is on the ground. Looks like he got hit. #Milo pic.twitter.com/AU2Hda4aKp

— Michael Bodley (@michael_bodley) February 2, 2017

RT juliacarriew: A group of antifa are shooting fireworks at the building where Milo is set to speak at Berkeley pic.twitter.com/gFBLhkrPed #…

— Antifa-GB (@Antifa_GB_1) February 2, 2017

#BREAKING?: University of California in Berkeley after protest against Milo Yiannopoulos turns violent ?? pic.twitter.com/teNDCtw7m3

— NIRP Umbrella (@NIRPUmbrella) February 2, 2017

“Milo first, Trump next.” pic.twitter.com/QnDtMTTrHR

— Jenny Luna (@J2theLuna) February 2, 2017

Celebration after Milo at Berkeley was canceled pic.twitter.com/7tW2ka8qcZ

— Julia Carrie Wong (@juliacarriew) February 2, 2017

Senator Jeff Sessions has been approved by the Senate Judiciary and will become the next Attorney General of the United States.

BREAKING: Senate Judiciary Committee approves nomination of Sen. Jeff Sessions of Alabama to be attorney general.

— The Associated Press (@AP) February 1, 2017

So, with Trump coming through on all of his campaign promises, thus far, I’m presuming Jeff Sessions may pursue legal action against Hillary Rodham Clinton.

What say you?

Now that Sessions is the AG, how long will it take for him to open a case against Hillary Clinton?

— The_Real_Fly (@The_Real_Fly) February 2, 2017