Margin Expansion

The bears will be eating kibbles and bits soon; because there is nothing left for them to cling onto. All of their theories of a shattered economy have been thoroughly debunked by Intel Corporation [[INTC]] . Case in point: RIDICULOUS margin expansion at Intel. Those chip gobblers did not beat estimates. No, it was a lot more than that. The nerds at Intel GODSMACKED estimates, particularly on the margin side, coming in at 51% (estimates were 46%). As you know, I’ve been bullish on chips, due to the huge spike in capacity utilization at the foundries. Now that the margins are exploding at INTC, I have to get bullish on the end user, specifically retail.

More on that later.

The way to play this is simple. Get long tech names that are sensitive to the end user, such as Corning Incorporated [[GLW]] , OmniVision Technologies, Inc. [[OVTI]] and Atmel Corporation [[ATML]] . Additionally, I am still very bullish on the 4g/smartphone space. Take a look at ADTRAN, Inc. [[ADTN]] , major supplier to the At&t network (think iPhone). ADTN just smashed numbers too.

So, in closing, how’s that head and shoulders formation looking now? You ball jugglers have no idea what you are talking about, 90% of the time. Hence, it is no surprise to see you default to oddball technical analysis theories, making believe you have a clue what you are doing.

Good day to you, Sir.

Gentlemen of The PPT: Thesis Update.

Indeud.

I bought 10,000 [[UNG]] @ $12.44.

Disclaimer: If you buy UNG because of this post, the next time you hire a contractor to do work, he will take your deposit and never return for work. And, you may lose money.

Some choose to live out their lives saving people from annoying fires. Others exist to free hardened criminals from pesky murder charges, via exploiting the legal system. I, on the other hand, choose to talk about my stock market wins, via iBankCoin. Let it be known, the time I spend on this site is unhealthy, by all measures. Granted, we have a premium service running and the site generates a respectable amount of revenue; but that’s not the reason why I blog and blog hard.

You rubber stampers need to throw water at my feet, whenever they are hot. “The Fly” is a gift, like none other, to the internets, for all of the world to read and enjoy. It is blissful to be a regular iBC member. God only knows how many bloggers email me, begging to be join the elite iBC brand. However, unfortunately, most of you ham and eggers are simply not good enough to join. Therefore, you are cast away, like a republican in San Fransicko. Be gone!

As for today’s tape:

We endeavor to go higher. That’s all you need to know. I am long so many stocks, it would be a waste of my time to post them here. Nonetheless, my top picks, all of extraordinary value, are Corning Incorporated [[GLW]] , OmniVision Technologies, Inc. [[OVTI]] , [[ENTR]] , [[ERX]] and ADTRAN, Inc. [[ADTN]] . Believe me, I’d put Flotek Industries, Inc. [[FTK]] in there too. However, I’ve been so wrong on the name, it would be an insult to those with IQ’s north of 60 to even mention that wretch.

As an aside, iBC will be putting the Stocktwits TV player on the front page, whenever Uncle Howard decided to broadcast. Enjoy it with his compliments and look for the egregious iBC commercials.

You grotesquely fat slobs need to step up your exercise regiments and slow down your private pie eating contests. Lo and behold, Goldman Sachs Group, Inc. [[GS]] smashed through estimates; but the stock is unchanged. Commercial Re stocks are getting ape raped, while commodity stocks play “eat the liver” on unsuspecting bears.

On a very personal level, I am pleased to see the price of natural gas shoot higher, which in turn will help my SandRidge Energy Inc. [[SD]] , [[ERX]] and Flotek Industries, Inc. [[FTK]] positions.

For the most part, life is like a box of Dennis Kneale’s.

Thanks to the retards at Dell Inc. [[DELL]] , tech is taking a breather this morning. However, stick around for awhile, in order to witness low IQ money managers scramble their brains, trying to correctly position themselves for the next earnings report. In my opinion, JPMorgan Chase & Co. [[JPM]] will burn the house down, in a very good way. I would not be short banks into JPM trickery. As you know, they have a fucking magician as CEO.

In closing, I like many stocks and hold many positions. While it’s true, some of them are down significantly from my cost basis. It’s also true, I have the patience of an elephant watching porn.

NOTE: So you know, iBankCoin has purchased a 1 month ad slot on Stocktwits TV (live streaming financial content, hosted by Howard Lindzon). As a result, we have created a series of iBankCoin commercials, mainly for my pleasure. Also, we will be putting the Stocktwits TV player on iBC’s front page, during broadcasting hours.

[youtube:http://www.youtube.com/watch?v=77Dre7Mg2rg 616 500]

While the bears were inexorably punished today by way of a “Goldman Sachs Slap,” yours truly was busy entertaining men of great substance, who were addled with woefully little etiquette, in a most grotesque NYC neighborhood. I am pleased to report, the stock market has, once again, caught up to my way of thinking. Despite being stuck inside of a Vietnamese curry eatery for most of the day, I was updated often and thoroughly, throughout the entire trading session.

If you are in the camp that believes the market is about to be destroyed, for the second time in so many years, you are dumber than a bag of doorknobs. Truth be told, this new leg up will reinvigorate my people against yours. It is a fact, the machines, operated under the direct supervision of none only Goldman Sachs, are out to kill you and strip your house bare, for the copper piping, of course.

With my money, unafraid, I am leaning entirely to one side, long. Old legacy hedges, such as [[SRS]] and [[FAZ]] , are of no consequence and do not have any relevancy in my portfolios, nor do they belong in yours. Unfortunately, your mind is not as finely tuned as Senor Tropicana’s, via nature and nurture deficiencies. However, you are wise enough to know when the game has been lost.

You stand outside of your office defeated, as dark clouds amass up above, sabre rattling with terrifying thunder and menacing lightning. Just when you thought “The Fly” lost, a win came out of nowhere to humble you, yet again.

Top picks: Corning Incorporated [[GLW]] , OmniVision Technologies, Inc. [[OVTI]] , [[ERX]]

Say Uncle, Goldman Sachs hating clam-diggers. It must chagrin you to know, even Meredith Whitney is bullish on Goldman Sachs Group, Inc. [[GS]] . After all, it’s the American way, whether you like it or not.

Speaking of Goldman, they are exceedingly bullish on “mid-cycle” tech plays, specifically SuccessFactors, Inc. [[SFSF]] and [[SWI]] . In other words, they are so fucking confident the recession is over, they are building positions in mid-cycle stocks— absolute hilarity.

Just so you know, there is nothing funny about this market, nor do I wish to mock it, after humbling myself in failure, being long an aggregate of several underperforming energy stocks. However, at the same time, I realize that my market philosophy, translated through my positions, is often ahead of the curve, as many of my colleagues and enemies work under a simpler time frame through haphazard analysis. There is just one constant present in the man better known as “The Fly,” it is that he is always right.

Thus far, Chinese stocks find themselves getting annihilated under a canopy of fire, as evidenced by the upward momentum of [[FXP]] . Separately, the banks are charging higher, led by overzealous optimism in the substandard, and often referred to as “raunchy”, financial industry.

Finally, as I sit here, watching my screen transform from green to red, I too am chagrined by an irreconcilable fact: I must attend a business meeting in one hour and the market is on the precipice of shitting the shower, for lack of a more elegant term. In short, watch your positions very closely, except of course if you work for Goldman Sachs, since you already know where they will be, exactly one hour from right now.

Earlier this morning, while reading the paper in the backyard, I saw a giant crumb moving on one of the pavers. After further inspection, I discovered it was a little fucking ant, carrying a gigantic crumb to some egregious ant clan, or whatever the fuck those pesky vermin like to call home. I admired the little fellow, as he struggled mightily with the crumb. He was a greedy little fucker, trying to carry the big piece, while there were plenty of other smaller pieces nearby. “Super Ant” was trying to feed the whole damn ant universe with that monstrous crumb, instead he got his face smashed in with a giant sandal—if you know what I mean.

The moral of the story: Carry the smaller crumb, eat well, and go unnoticed.

I don’t want to pound this issue into the ground, since Denni Kneel [sic] is just whoring for eyeballs (note: despite Kneel [sic] mentioning iBC on his show, the site did not get a traffic bump. In other words, more people read iBankCoin than watch his experiment in live idiocy).

I am going to put the matter of anonymity to bed, right now.

If CNBC, specifically Charlie Gasparino and David Faber, fesses up and discloses the identities of all of their egregious sources (you know, the ones who give them all of their market moving hot tips), I will reveal my identity, alongside everyone on this site (providing they agree). Additionally, I am sure many anonymous bloggers will do the same.

Furthermore, since transparency is so important to the pig-masters on the teevee, I propose they (CNBC) cease using sources that wish to remain anonymous. You know, let it all hang out—fuck it. Lead by example, great make-up God’s from the teevee, and we (simple bloggers) will follow you into an era of unbridled transparency.