I’m thinking about expanding iBC’s news section to include unique content, which would entail hiring someone to do investigative journalism. Before I pursue the placement of this position in the real world, I bring you this opportunity to make a fucking name for yourselves. If you have a background in finance and english or possess the ability to write on a college level, feel free to email me credentials: flybroker at gmail.com
A big mover this morning is WOLF. That place is a fucking shit heap. I’d never consider brining my kids to that bedbug infested hovel. Oddly enough, earnings were fantastic, which further supports my thesis that the lot of you are arcane beings, singular men and women who relish depravity with animal satisfaction.
Precious metals are weak today and volatility has collapsed. There is a real sense of complacency in the market, as investors feel nothing can go wrong. Apple is likely to release a teevee in the fourth quarter, which should sink shares of LOGI for good. After all, once Apple takes over the teevee and remote market, who will buy LOGI’s stupid remotes? As for the glass, I have to believe an Apple juggernaut will bode extremely well for GLW, provider of glass substrates.
If the market is going to continue trading higher, I see no reason to try to outthink the market through buying out of favor stocks and sectors, hoping someone will notice how awesome they are. During crazed banana runs, trending industries continue to trend; things in motion tend to stay in motion.
For now, retail or anything consumer sensitive is the sweet spot.
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