Whistling Past Apple

I own a small portion of Apple, just like every gentleman north of the Bentley Subglacial Trench. I don’t let the small amount of shares change who I am as a person, a human being, breathing and bleeding, just like the rest of you. Although I am somewhat ashamed to be a part of the Tim Cook atrocity (TCA), I am broadly diversified amongst numerous stocks that serve me in varying ways, mainly to make me money.

Precious metals are dead.

Japan is alive. Transports are alive. Selective tech is working, as well as banks, brokerages and asset managers. Homebuilders and construction material stocks are working. And let’s not forget the never ending powerball taking place inside of the biotech sector. There are a hundred different ways to skin this cat. Do not fixate on Apple, a company being dismantled from the top down by one vile man.

Embrace the new bull market, froth with excess and certitude. Something really big is about to happen. A new gilded era is upon us. I hope you’re masculine enough to man the front lines. Perhaps, if you’re not feeling up to it, you can ask your wife or girlfriend to man it for you?

I started a new position in WNC and added to FBHS.

Disclaimer: If you buy the above stocks because of this post, you will be fired tomorrow. And, you may lose money.

Please stop with the ever so coy Tranny/Transvestite references. It’s getting a bit old.

Anything that moves is going higher.

Trucking stocks are leading the session higher. Notable movers include KNX, ABFS, CNW, YRCW and WERN. Truck stocks like SWFT, NAV and PCAR are defying gravity. And of course the railroads are ripping higher, with movers in GBX, ARII and TRN.

I was eyeballing ABFS at $8 and of course missed out.

You ponder, are any of them still cheap and if so which ones?

Excellent question. Let’s run the sector through The PPT screener together, shall we?

First let’s look at Trucking.

Clearly there is a correlation between growth and share performance. Without having the luxury of news or research in front of me, it looks like QLTY is impaired somehow. That could either mean there is a great buying opportunity or the company is truly idiotic.  The safe bets are JBHT, FWRD and LSTR. If you want to take on more risk, I’d go with ABFS or QLTY.

First let me say I own a lot of NAV, so I am biased. The company is impaired and going through a transition, so the stock is on sale. As a matter of fact, the stock could triple in price and still be cheaper than most names on that list. The best all around plays, however, are WNC, OSK and SWFT. But SWFT is already up hugely today.

And now for the rails.

Once again, growth equates to superior share performance. Both ARII and RAIL are still cheap, and GBX is the cheapest, using traditional standards. The most levered company is TRN and CSX is the laggard. WAB seems to meet in the middle on most metrics and is likely your safest bet.

Keep in mind, this is quick research, using only data and figures to make assumptions. If you want to dig deeper, read some research notes and listen to at least two quarterly conference calls.

Down 1.38% for the day.

I’m sorry to disappoint the gold representatives out there, like Jakegint and his ilk, but gold miners are in a terrible bear market, for more than two years. Let’s face some realities, shall we?

Gold, as a metal, has done well over the past two years. However, we’ve seen a horrific divergence between the metal and the miners, haven’t we? We’ve seen this divergence because the facade has been lifted off the farcical faces of the executives at these companies, leaving the companies exposed for what they truly are: frauds.

When gold was on its initial way up, the miners shot higher based upon expectations that the miners would be minting coin. Truth is, the miners are burdened with high costs and operated by inefficient, lazy criminals– posing as corporate executives. They never quite made all of the money they were supposed to make, did they? I do not intend to back up any of my statements with proof. However, I will point you into the direction of a few statistics, alongside a graph.

Here is a chart overlay of the GDX vs the commodity itself, represented by GLD.

And here are the two year returns of the gold miners. Keep in mind, the underlying metal rose by 25% over the past two years.

If gold is money, the gold miners are Myanmnar Kyat.

I was going to dedicate this post to discuss how the once gentleman sport of mortal war has been transformed into a social experiment–by allowing women to patrol the front lines of our useless, idiotic wars in a combat role. However, after reading about this last minute “game changer”, done by a Secretary of Defense hack (Panetta) who literally has one foot out of the door–I’ve concluded that my time is best spent discussing the sudden resurgence of RIMM-NOK-NFLX.

After all, we’ve all seen Batman and the women seem to have a pretty good handle on things there. It’s gonna be just like the movies, except for the unfortunate realities of stark raving mad cavemen fixed on deflowering American infantry POW’s while on earth, instead of receiving them in the traditional setting– from Allah72– during the afterlife.

Aside from being distracted by this administration’s social engineering gone bizarrely suicidal, I was disappointed to see AAPL get sodomized in after-hours trade, following another bad earnings report. The law of large numbers has finally asserted itself and it really has nothing to do with AAPL, just the idiot who runs it –Tim Cook. I blame him for everything. I blame him for cancer.

There’s only so many markets Apple could flood with their FOXCONN manufactured wares before saturation took a toll. For decades, Apple positioned itself as an outsider, a rebel looking to “deflower” the establishment. But since its leader died, the company, via unmatched, historical success, has morphed from being the guy protesting “the man” to the man himself, billy club and all.

Apple has become an arrogant bully and people have been protesting their innovation through the absurd purchases of inferior products. Nevertheless, AAPL is still a cash cow and the cash will need to be distributed to shareholders soon enough.

When Facebook was at $18, no one wanted to touch it. When NFLX was in the $50’s, people mocked it. And when AAPL was at $700, everyone loved it.

Put things into perspective and understand that the sheep are rarely right. AAPL has been plunging because hedgefunds were sodomized by the neanderthals who were running AAPL into the ground.

I am sure Leon Panetta owns a blackberry and is long a gagillion shares of NOK/NFLX.

The January effect is here. The S&P is up 5% for the month of January, the best performance since 1997. How did the market fair in February following a +4% showing?

Your inquisitive desires beckon me to answer.

First have a look at January.

Now have a look at February you stupid child.

Three out of four times the market went up in February. 2001 was different, since  retards ruled the roost and the market was getting gaveled on a daily basis. Plus our government was secretly plotting to knock down the World Trade Center and plant the seeds to destroy the entirety of modern finance.

Nevertheless, we are in striking distance of NEW ALL TIME HIGHS for the Dow Jones Industrial Average.

Rest assured we will take out the new highs and piss on the graves of all the old men who waived their canes at the market, as it lit up higher.

http://www.youtube.com/watch?v=GLRmtEe20sg

Let this be a final warning to you chicken jerkers out there. The market has run up large and earnings are bound to disrupt the whimsical order of things. If I were you, I’d avoid any name that missed earnings last quarter or who could be viewed as “exposed” to economic downturn in the northeast, due to Hurricane Sandy. You might also want to avoid being long basic material names that depend on the chinese. As you know, they are oddball creatures, who are as predictable as a glass filled with glyceryl trinitrate.

The market is going higher, yet again. But if you were part of the unfortunate cabal of homosexual male investors who bought COH as part as a long term investment plan, you are deeply regretful today. Be careful with your earnings plays and prepare to buy 20% lower, if you must keep winding the Jack in the Box, thirsting for surprise.

I’m flat for the day and my cash position is down to less than 10%. I hate announcing when I am fully invested because, without failure, every time I do that the market tops out. Nevertheless, my biggest impediment for today is NAV and ELLI, while VHC is lifting me to a break-even.

Finally, YELP looks interesting here, strong at a time when it should be weak. Don’t look now but social networking stocks have been on fire over the past 3 months. Shares of FB, SFUN, SPMD, NFLX, TRIP, OWW, CYOU and  ANGI have all returned over 25% over the past 3 months. Perhaps the second wave of buying will lift shares of  the laggards, namely BV, BCOV, IACI, QNST, YELP, Z and AWAY.

http://www.youtube.com/watch?v=srnQ7chd_GA

Apple reports earnings after the bell. Despite the weakness in the stocks, I have to believe the company will surprise to the upside. My belief stems from the companies track record, not so much analyst chatter.

Coach is being decimated this morning to the tune of 16%. I can tell you that KORS is eating their lunch inside of America’s shopping malls; but people will probably sell KORS today as well. One thing is for certain, COH is just like DECK–old, legacy, semi-lux brand gone stupid.

My favorite earnings call was CREE. They poleaxed analyst estimates. I am telling you now, purely from an anecdotal standpoint, CREE is the future of lighting. Look what I did in my house. I discarded with the 60 watt incandescent hi-hats in exchange for a 9 watt lamps made by CREE. They emit the same or more lumens and last 30,000 hours aka  for “life.” I will never need to change them and they do not emit heat, which is a huge plus when you have 30 of them beaming down in your basement.

LED lighting is the future for any city looking to upgrade to a better, cleaner, more sustainable technology and CREE is the dominating company in the space. The company has had hiccups due to Chinese phantom city delays. But perhaps they’ve turned the corner for good, following such a superb quarter.

Other LED plays of note are AIXG, VECO, RBCN, POWR and lotto play LEDS. Frankly, there are a ton of companies that contribute a part here and a part there, but CREE is your pure play with momentum.

Keep in mind, we are always subject to the occasional drift and individual names are game to be had and dismembered. But if you put your beastly greed aside and bought only mega-cap stocks, you might find your relationship with time and money to be much more pleasurable. Dare I say, the market will continue to go higher until it cannot go anymore.

There are two things that are assured.

1. Japan will attempt to reflate.

2. The US housing market will continue to recover.

My favorite way to play Japan has been changed from HMC to WETF. My assets will be transferred there accordingly. And, my favorite ways to profit from housing is through wall board, pipes, windows and of course kitchen cabinetry. Look no further than FBHS and USG for your housing fix. On the mortgage side of things, ELLI is my play.

Let’s not forget Goldman Sachs is by far my safest and most reliable pick for 2013, as they are destined to control all and profit from everything good and bad.

The essence of the “The Fly” can be found in these names, alongside VHC. But just know, the profits from VHC will serve to fund these ideas throughout 2013. These steps have already been taken in the future–you just haven’t seen it yet.