Can China Just Wipe Out Taiwan Already?

They are a savage brand of people. Oh, you want to argue the contrary? Have a look at their latest session in Parliament.

SHUT IT DOWN.

A cursory google search will show that this shit happens all the time in there.

What did he mean by this folks?

The last time Macron and Trump shared a white knuckle handshake, Macron admitted to being a faggot about it.

“my handshake with him, it wasn’t innocent”

He wanted to “show he would not make small concessions, not even symbolic ones, but also not overdo things”

Body language experts, GET IN HERE and explain what the fuck this was all about — Macron acting like a chimpanzee on a banana tree (Trump’s hair being the bananas).

I feel so bad that Goldman Sachs is down 0.44% for the day, whilst stocks are jerking off to the upside with frantic fury. Blame it on JPM’s CEO, Jamie Dimon and his fucking potty mouth.

The picture is indelibly worse inside the regional fag-banks — which are all down in the magnitude of 1.2%. The sell off is a mystery, since spreads are nearly 100bps and the economy is doing ‘so fucking great.’

Nevertheless, we market players will suffice, without the succor of local banksters.

Today’s biggest winners are found in silver/gold — thanks to the buoyancy in the retarded metal sector. One other notable outlier is the pound, racing higher by 1.1% v the dollar. The euro is +0.56% too, which, again, is a net positive for US exporters.

Market breadth is a milquetoast 66%. If you’re not playing the right stocks, you’re an idiot and should shoot yourself out from a carnivale cannon and into the mouth of an alligator. I don’t have time for your inglorious incompetence.

We all hate everything, nothing new with that. But that shouldn’t stop us from financing our schemes through this free money being slapped around the market every single day.

I did my weekly reshuffling and I am proud to announce that I fucking massacred the SPY for the 10th week out of the past 11. My picks, which are now picked exclusively by my computer brain in Exodus, surged ahead by 1.95% for the week — led by magnanimity in NVDA and PYPL. I actually booked profits in NVDA this week, in spite of its stellar performance because the algorithms said there was something better in tech now.

It’s worth mentioning, mega cap stocks were higher by 1.5% this week and small caps only +0.37%.

In other words, if you’re buying small caps now, you’re playing yourself.

This week’s changes were minimal. I did sell out of my last piece of TLT, which means my equity exposure is now 80%. The cash is a constant — set aside for macro oversold calls.

My feelings on the market are irrelevant. This is the best thing that I’ve ever done with my money — taking out bias and emotion — letting the numbers speak for themselves. While gut instincts and intuition play an important role in investment success, more often than not it’s an impediment.

Is it not?

Look, the whole reason why I stood out of stocks heading into the election was because of an implied political risk. I assumed that if Trump got elected, markets would dive. WRONG. My thesis had worked, up until the point it didn’t. Then stubbornness and emotions took over and the rest is history.

With this quantitative method, all of my rules and disciplines are in place. I merely need to accept what my cold, emotionless, computer brain tells me and execute the trades.

Very soon, we will hook into a broker dealer and trades can be automated from the platform.

The CEO of JP Morgan, Jamie Dimon, unloaded on the fucking assholes running our country into the ground during JP Morgan’s conference call this morning. Can you blame him?

Bear in mind, this is a man who helped save America from its financial crisis during 2008. Remember, JP Morgan bailed out and bought Bear Stearns and Washington Mutual in 2008 — two deals they probably would not have taken without government pressure. We are reminded of American stupidity on a daily basis, watching complete fucking morons make fools of themselves on national tv. All you have to do it listen to Maxine Waters or Lindsey Graham for 2 minutes, and then you’d agree with Dimon when he says ‘it’s almost an embarrassment being an American citizen.

Here’s the transcript of what he said.

Dimon on DC:'it's almost an embarrassment being an American citizen…listening to the stupid shit we have to deal with in this country"$JPM pic.twitter.com/j77c3vECmg

— The_Real_Fly (@The_Real_Fly) July 14, 2017

Since the Great Recession which is now eight years old we’ve been growing at 1.5 to 2% despite the stupidity and political gridlock. Because the American business sector is powerful and strong and is going to grow regardless of they went to feed their kids and want to buy home they want to do things the same as American businesses what I’m saying is it would be much stronger growth had we made intelligent decisions and that gridlock, and thank you for pointing it out because I’m going to be a broken record until this gets done, we are unable to build bridges, unable to build airports, not graduating.

I was just in France in Argentina Israel Ireland we met with the Prime Minister of India and China it’s amazing to me that every single one of those countries understands that practical policies to promote business growth is good for the average citizens of those countries for jobs and wages and somehow this great American free enterprise system we no longer get it.

My view is corporate taxation is critical to that by the way regarding capital brings overseas, which is why the $2 trillion overseas benefiting all these other countries don’t like that, so if we don’t get our act together we can still grow. It’s just unfortunate but it’s hurting us, it’s hurting the body politic, it’s hurting the average American that we don’t have these right policies. So no in spite of gridlock we will grow at 1 ½ or 2%.

I don’t buy the argument that we are relegated to this effort. We are not this administration can make breakthroughs in taxes and infrastructure ready for reform we have become one of the most bureaucratic confusing litigious societies on the planet. It’s almost an embarrassment be an American citizen traveling around the world and listening to the stupid shit we have to deal with in this country and at one point we have to get our act together. We won’t do what were supposed to for the average American and unfortunately people write about this like corporations is not corporations competitive taxes are important for business and business growth which is important to jobs in wage growth and we should be making that along to every single one of you every time you talk to a client.

The London Mayor, Sadiq Khan, in conjunction with the gay rights group, Stonewall, scored a major victory today by banning the phrase “ladies and gentlemen” from the vernacular used by London Transport employees. It’s simply not in touch with the times, as genders defined by the DNA helix are old hat, worn, and not the reality that is supported by the far left — which is filled with hermaphrodites who can literally fuck themselves.

More on this important, groundbreaking, civil rights victory for the gay class.

The phrase “ladies and gentleman” is to be scrapped from announcements on the Tube in a bid to make them gender-neutral.

London Underground staff have been told to instead use greetings such as “good morning everyone” to ensure that all passengers feel “welcome”.

All new pre-recorded announcements will also be changed to use the new phrases, Transport for London (TfL) said.

Campaigners had said the phrase “ladies and gentleman” – which is commonly used by drivers – was “outdated”, adding that it is“polite, but really belonging to yesterday”.

Stonewall, the LGBT campaign group, welcomed the decision, which comes after months of campaigning and was supported by London mayor Sadiq Khan.

The change of phrases follows similar moves in other companies, universities and schools across the country to use gender-neutral language.

“We want everyone to feel welcome on our transport network,” said Mark Evers, director of customer strategy at TfL.

“We have reviewed the language that we use in announcements and elsewhere and will make sure that it is fully inclusive, reflecting the great diversity of London.”

Mr Khan said he was “keen” that TfL speak in a “more neutral way”.

He added: “TfL serves a vibrant, diverse and multicultural city, and provision of an inclusive transport service is at the heart of TfL’s purpose.

“I am aware however, that some customers may not relate to or feel comfortable with the way that certain station announcements are made.”

TfL said it had told staff about the use of the new phrases, but that “from time-to-time, well-meaning staff may still use the term ‘ladies and gentlemen”.

“If this happens frequently, we will issue reminders to staff,” it added.

Stonewall said in a statement: “Language is extremely important to the lesbian, gay, bi and trans community, and the way we use it can help ensure all people feel included.

“We welcome gender neutral announcements to be rolled out across TfL as it will ensure that everyone – no matter who they identify as – feels accounted for.”

When I say ‘they’ are trying to control language, indoctrinate your children through the schools, and through pop culture, I mean it. The very best thing you can do, providing you have a little money, is to send your children to good private schools and explain to them that policies like this are wrong and there is nothing improper with being polite and addressing people as ‘ladies’ or ‘gentlemen.’ Take it from me, a parent who has sent his children to both public and private schools — it’s not even comparable. Two different worlds.

This is a key pillar in the establishment’s plot to destroy the nuclear family, neuter the male gender, and corral the lower classes into group think slave camps of thought, and then have them become loyal serfs —  broken spiritually and physically.

Society is more augmented than you know.

Do you remember the last time Janet Yellen wore a bubble blazer? I sure as hell do, since I was embedded in a personal hell that was designed by my own hand — long the five fingers of the apocalypse (fist fucked) into motherfucking collapse. I lost a gazillion dollars and then Janet Yellen appeared on teevee with this retarded blazer — as if to mock my losses and say “ha, told you so, bubble basket, fucked face.”

Stylin’

The subsequent result of the last bubble blazer appearance was a whole lot of nothing.

You’re fucked now

Lo and behold, prepare for more nothingness. Or, maybe, just maybe, that stupid fucking jacket will usher in and bring forth the apocalypse.

Shit

In other Fed related news, here is Senator Warren, delusional, asking Yellen to remove the Wells Fargo board for permitting crimes and misdemeanors. Comically, she also asked that Yellen ‘regulate’ big banks.

Jog on.

Look at the growth of AAOI.

The company is smoking on all cylinders, benefitting from the ramp up of datacenters (cloud computing) by Google, Amazon, Microsoft, Facebook and others.

This shift from personal computer storage to centralized hubs have given rise to stocks like AAOI, ANET, LITE, MTSI, even NVDA. Another laser play, which has some exposure to fiber, COHR, has gone verticle the past year.

For me, this is very reminiscent of the great fiber rollout in the late 90s. I was one of those fiberfags who thought the buildout would last forever. But it was predicated upon financing that was begotten by the rise of expensive stock valuations. When the market collapsed, so did the construction projects and eventually the excitement around the fiber optic sector. After the dust had settled, it was the most reviled industry in all of mankind — claiming the fortunes and hopes of millions.

This time around, the datacenter buildouts are being done by self funded, rich, companies, so this isn’t an apples to apples comparison. Truth be told, I’m fairly certain the rally in these stocks has room to go. This will be the #1 momentum story of 2017, after it’s all said and done. Most people merely see the tickers and don’t really understand what’s going on. We’re shifting from a 40g to 100g world, with it comes higher margins.

The risks are obvious. These companies are making bank off a select few companies, which leaves them exposed to customer concentration risks. Also, being that Amazon is such a large customer, it would not surprise me to see them pull an Apple on their vendors, squeezing them to reduce costs and get better deals.

Either way, this is the most exciting thing to hit tech since we were breaking apart iPhones to see who made the chips. Stocks like ZAYO, FNSR, OCLR, ACIA and IPHI have been struggling, as of late. Maybe time to buy dips? I built a watchlist inside Exodus to track these companies and will be watching how this narrative develops, ever so quietly.

Why haven’t the authorities raided the offices of CNN, and billy-clubbed their reporters to a tender pulp yet? Here’s a CNN anchor reporting that a band was playing France’s national anthem, when in fact it was the all-too-familiar Star Spangled Banner.

There isn’t any excuse for this. CNN needs to be stopped, immediately. Their doors shuddered, their employees imprisoned, and their assets seized and auctioned off to Fox News.

I feel like this is a 1999 theme revisited: optical stocks. Any of you traders remember the fiber optic stocks in the late 90s, how they ripped, because the telcos were building out fiber networks? They were the craziest trades of all time — maybe second to the railroad craze in the late 1800s.

At the heart of the dot com boom and bust were the telcos and the facilitators, the fiber plays.

More than 15 years after the fact, it appears the industry is going through a revitalization, as networks get upgraded and cable companies continue to expand into traditional telco. But the recent craze and interest in these stocks is more than just fiber networks. They are plays on Amazon’s expansion into datacenters and the new rollout of 40g/100g products. Long time shareholders do not need to be told this, since the stock is up more than 500% over the past year.

Today, the stock is surging again, after reporting better than expected guidance. For those interested in why AAOI and other laser stocks are doing so well, look no further than Amazon’s web services hyperscale build out. 82% of AAOI’s business comes from datacenters.

Specifically, AAOI now sees revenue of about $117.3 million, above the prior outlook of $106.0-112.0 million. Non-GAAP fully diluted earnings per share are expected in the range of $1.31-1.36, above the prior non-GAAP outlook of $1.09-1.19 per share. GAAP and non-GAAP gross margin in the range of 45.0-45.4%, above the prior non-GAAP outlook of 41.0-42.5%.

Management gave commentary that, “we expect to deliver another record quarter with our top and bottom-line results expected to exceed our guidance.” Further, “our results were driven by improvement in our manufacturing costs, capacity expansion and solid execution by our production team. We are pleased with our performance and look forward to sharing the additional details of our second quarter results on our conference call in August.”
This guidance raise marks the fourth such update in a row on a quarterly basis. The last such guidance revision came on April 12, when AAOI announced expectations for Q1 results ahead of original guidance.

Look at the revenue and earnings growth for this company.

Other prominent and favored fiber plays, benefitting off the 100g rollouts, include: LITE, IIVI, OCLR, FNSR, IPHI, NPTN and SMCI.

Look at the chart on this COHR.

For more on the story, here is the May conference call for AAOI.