iBankCoin

Trading with The Fly

Dr. Fly
Indeud

Uber CEO Travis Kalanick Caves to Leftist Pressure and Quits Trump’s Advisory Board

Thu Feb 2, 2017 5:39pm EST 12

After weeks of protest over the CEO of Uber’s decision to join President Trump’s advisory board, and after his own CTO’s flagrant missive against the President, Travis Kalanick informed the President that he was removing himself from the economic council.

“Earlier today I spoke briefly with the president about the immigration executive order and its issues for our community,” Kalanick wrote in an internal email obtained by the Times. “I also let him know that I would not be able to participate on his economic council. Joining the group was not meant to be an endorsement of the president or his agenda but unfortunately it has been misinterpreted to be exactly that.”

Radical leftist groups have been protesting Uber on social media, under the hashtag DELTEUBER.

The creator of the hashtag, Dan O’Sullivan, was quoted saying “let this be a warning: if you are a corporation who thinks you will ride out Trump, and quietly make money at his side, you will be made to pay a price.”

When protesters took to JFK and the yellow cabbies ceased service, in solidarity with the protesters, Uber served the public. This caught the ire of said O’Sullivan, prompting a most acrimonious tweet.

What else is this O’Sullivan up to, you ponder? Oh, I don’t know, how about DELETELYFT and DISNEY too?

In case you’re still pondering, all mighty O’Sullivan is leading the path towards protesting more than a 18 other companies in total.

Here is the CEO of Uber’s internal memo to employees, explaining his actions.

Dear Team,

Earlier today I spoke briefly with the President about the immigration executive order and its issues for our community. I also let him know that I would not be able to participate on his economic council. Joining the group was not meant to be an endorsement of the President or his agenda but unfortunately it has been misinterpreted to be exactly that.

I spent a lot of time thinking about this and mapping it to our values. There are a couple that are particularly relevant:

Inside Out – The implicit assumption that Uber (or I) was somehow endorsing the Administration’s agenda has created a perception-reality gap between who people think we are, and who we actually are.

Just Change – We must believe that the actions we take ultimately move the ball forward. There are many ways we will continue to advocate for just change on immigration but staying on the council was going to get in the way of that. The executive order is hurting many people in communities all across America. Families are being separated, people are stranded overseas and there’s a growing fear the U.S. is no longer a place that welcomes immigrants.

Immigration and openness to refugees is an important part of our country’s success and quite honestly to Uber’s. I am incredibly proud to work directly with people like Thuan and Emil, both of whom were refugees who came here to build a better life for themselves. I know it has been a tough week for many of you and your families, as well as many thousands of drivers whose stories are heartfelt and heart-wrenching.

Please know, your questions and stories on Tuesday, along with what I heard from drivers, have kept me resilient and reminded me of one of our most essential cultural values, Be Yourself. We will fight for the rights of immigrants in our communities so that each of us can be who we are with optimism and hope for the future.

The left is really pushing the envelope this time, aren’t they?

Comments »

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

Thu Feb 2, 2017 4:37pm EST 7

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.

Comments »

Anyone Else Likes Meat Stocks?

Thu Feb 2, 2017 4:01pm EST 20

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.

Season

MEAT

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.

Comments »

ANIMAL SPIRITS ARE RUNNING WILD ON WALL STREET

Thu Feb 2, 2017 11:23am EST 5

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.

Comments »

Australia Got What They Deserved: Trump Doesn’t Like Bad Obama-Turnbull Deal, Promises to Fix the World

Thu Feb 2, 2017 10:31am EST 20

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.

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.

“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.

Comments »

Dan Loeb: Trump’s Election Win ‘Most Important Paradigm Shift Since Financial Crisis’; Animal Spirits Have Awakened

Thu Feb 2, 2017 9:02am EST 7

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.”

Comments »

Boardroom Drama: Larsson Ousted as CEO of $RL

Thu Feb 2, 2017 8:41am EST 1

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.
IMG_6320

Shares are plunging by 10% on this news.
IMG_6319

Comments »

Antifa Thug Brags on Twitter to Beating Man Unconscious at Berkeley Riot

Thu Feb 2, 2017 3:38am EST 19

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.

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

Here’s another angle.

Comments »

Antifa Losers at Berkeley Attack Women with Flag Poles and Pepper Spray

Thu Feb 2, 2017 3:24am EST 11

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.

Here’s another angle of together incident.

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’.

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.

Comments »

Fascists Shut Down Milo Event at Berkeley

Wed Feb 1, 2017 10:15pm EST 96

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.

Here are some of the domestic terrorists at Berkeley.

Comments »

© Copyright 2007-2026 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy