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Dr. Fly

18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.

FLASH: Sprint Enjoys “Best Sales Day Ever” Thanks to iPhone Access

Sprint statement on launch day ales of iPhone 4S and iPhone 4; its best ever day of sales in retail, web and telesales for a device family in Sprint history (2.79 +0.01)
Co began selling iPhone 4S and iPhone 4 in Sprint retail stores nationwide this morning at 8:00am local time. Sprint is the only U.S. carrier to offer new and existing customers the iPhone experience with unlimited data plans starting at just $79.99 per month. Fared Adib, Sprint Product Chief, issued the following statement: “Sprint today reported its best ever day of sales in retail, web and telesales for a device family in Sprint history with the launch of iPhone 4S and iPhone 4. We reached this milestone at approximately noon CT/1pm ET. The response to this device by current and new customers has surpassed our expectations and validates our customers’ desire for a truly unlimited data pricing plan.”

Via Briefing.

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The Biggest Winners During this Current Rally

No. Ticker 2-week Return Market Cap Sector
1 CPX 63.55 2,340,000,000 BASIC MATERIALS
2 EK 60.26 344,380,000 CONSUMER GOODS
3 FMCN 51.01 3,500,000,000 SERVICES
4 IO 47.57 1,060,000,000 TECHNOLOGY
5 LIZ 46.00 666,920,000 CONSUMER GOODS
6 TQNT 44.02 1,220,000,000 TECHNOLOGY
7 FBC 41.76 371,320,000 FINANCIAL
8 WNR 41.65 1,470,000,000 BASIC MATERIALS
9 AREX 41.26 625,110,000 BASIC MATERIALS
10 JRCC 40.82 284,890,000 BASIC MATERIALS
11 NAK 39.37 699,010,000 BASIC MATERIALS
12 TSO 36.21 3,560,000,000 BASIC MATERIALS
13 ATPG 36.19 468,460,000 BASIC MATERIALS
14 MDR 36.15 3,380,000,000 INDUSTRIAL GOODS
15 AXAS 34.66 310,560,000 BASIC MATERIALS
16 TZOO 34.15 481,810,000 TECHNOLOGY
17 CSTR 33.38 1,600,000,000 CONSUMER GOODS
18 ZAGG 33.06 382,140,000 SERVICES
19 WNC 32.49 424,130,000 CONSUMER GOODS
20 CTCM 32.36 1,860,000,000 SERVICES
21 QTM 32.32 549,600,000 TECHNOLOGY
22 ISS 32.20 465,830,000 TECHNOLOGY
23 PLAB 32.13 384,110,000 TECHNOLOGY
24 HFC 32.00 3,400,000,000 BASIC MATERIALS
25 ASIA 31.44 701,340,000 TECHNOLOGY
26 CETV 31.24 657,450,000 SERVICES
27 VLO 31.10 12,960,000,000 BASIC MATERIALS

29 ENTR 30.99 456,500,000 TECHNOLOGY
30 MPC 30.97 12,040,000,000 BASIC MATERIALS
31 GBX 30.90 364,790,000 SERVICES
32 GOL 30.58 1,940,000,000 SERVICES
33 EDU 30.56 4,600,000,000 SERVICES
34 IVN 30.29 11,990,000,000 BASIC MATERIALS
35 TEX 30.02 1,440,000,000 INDUSTRIAL GOODS
36 HAR 29.85 2,390,000,000 CONSUMER GOODS
37 BSFT 29.56 1,010,000,000 TECHNOLOGY
38 FTK 29.55 280,690,000 BASIC MATERIALS
39 SGY 29.55 949,940,000 BASIC MATERIALS
40 SINA 29.31 6,090,000,000 TECHNOLOGY
41 CHTP 28.85 275,840,000 HEALTHCARE
42 MPEL 28.76 5,730,000,000 SERVICES
43 RRR 28.75 945,470,000 SERVICES
44 BIDU 28.69 46,400,000,000 TECHNOLOGY
45 WLT 28.65 4,700,000,000 BASIC MATERIALS
46 TGB 28.63 605,540,000 BASIC MATERIALS
47 SWFT 28.57 1,150,000,000 CONSUMER GOODS
48 MTW 28.46 1,110,000,000 INDUSTRIAL GOODS
49 ROC 28.38 3,200,000,000 BASIC MATERIALS
50 BAS 28.32 695,840,000 BASIC MATERIALS

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BUCHANAN: SUICIDE OF A SUPER POWER

Via Drudge

BOOK WARNS OF END
Fri Oct 14 2011 07:00:25 ET

**Exclusive**

“As the faith that gave birth to the West is dying in the West, peoples of European descent from the steppes of Russia to the coast of California have begun to die out, as the Third World treks north to claim the estate. The last decade provided corroborating if not conclusive proof that we are in the Indian Summer of our civilization.”

So begins Pat Buchanan in his hardcore work, SUICIDE OF A SUPERPOWER.

“Will America Survive to 2025?”

Buchanan, set for maximum controversy, launches all rockets at introduction “Disintegrating Nation” — and does not let up for 400-plus pages.

“America is disintegrating. The centrifugal forces pulling us apart are growing inexorably. What unites us is dissolving. And this is true of Western Civilization….Meanwhile, the state is failing in its most fundamental duties. It is no longer able to defend our borders, balance our budgets, or win our wars.”

The books reads as if its been written to be left behind in the ruins, only to be found by a future civilization.

SUICIDE ranked #2,668 on AMAZON’s hit parade early Friday. It streets on Tuesday.

Now only the DRUDGE REPORT can offer a look inside.

Chapter 1: The Passing of a Superpower

“We have accepted today the existence in perpetuity of a permanent underclass of scores of millions who cannot cope and must be carried by society — fed, clothed, housed, tutored, medicated at taxpayer’s expense their entire lives. We have a dependent nation the size of Spain in our independent America. We have a new division in our country, those who pay a double or triple fare, and those who ride forever free.”

Chapter 2. The End of Christian America

If [Christopher] Dawson is correct, the drive to de-Christianize America, to purge Christianity from the public square, public schools and public life, will prove culturally and socially suicidal for the nation.

“The last consequence of a dying Christianity is a dying people. Not one post-Christian nation has a birth rate sufficient to keep it alive….The death of European Christianity means the disappearance of the European tribe, a prospect visible in the demographic statistics of every Western nation.”

Chapter 3. The Crisis of Catholicism

“Half a century on, the disaster is manifest. The robust and confident Church of 1958 no longer exists. Catholic colleges and universities remain Catholic in name only. Parochial schools and high schools are closing as rapidly as they opened in the 1950s. The numbers of nuns, priests and seminarians have fallen dramatically. Mass attendance is a third of what it was. From the former Speaker of the House to the Vice President, Catholic politicians openly support abortion on demand.”

“How can Notre Dame credibly teach that all innocent life is sacred, and then honor a president committed to ensuring that a woman’s right to end the life of her innocent child remains sacrosanct?”

Chapter 4. The End of White America

“[W]hite America is an endangered species. By 2020, whites over 65 will out-number those 17 and under. Deaths will exceed births. The white population will begin to shrink and, should present birth rates persist, slowly disappear.”

“Mexico is moving north. Ethnically, linguistically and culturally, the verdict of 1848 is being over-turned. Will this Mexican nation within a nation advance the goals of the Constitution — to “insure domestic tranquility” and ‘make us a more perfect union’? Or have we imperiled our union?” (Page 134)

Chapter 5. Demographic Winter

“Peoples of European descent are not only in a relative but a real decline. They are aging, dying, disappearing. This is the existential crisis of the West.” (Page 166)

“Not any Iranian weapon of mass destruction but demography is the existential crisis Israel faces….By mid-century…Palestinians west of the Jordan river will out-number Jews 2-1. Add Palestinians in Jordan, it is 3-1.”

“In a startling development of history, Russia’s population has fallen from 148 million in 1991 to 140 million today and is projected to plunge to 116 million by 2050, a loss of 32 million Russians in six decades.”

Chapter 6. Equality Vs. Freedom

“Those who would change society begin by changing the meaning of words. At Howard University, LBJ changed the meaning of equality from the attainable — an end to segregation and a legislated equality of rights for African-Americans — to the impossible: a socialist utopia.”

“Where equality is enthroned, freedom is extinguished. The rise of the egalitarian society means the death of the free society.”

“A time for truth. As most kids do not have the athletic ability to play high school sports, or the musical ability to play in the band, or the verbal ability to excel in debate, not every child has the academic ability to do high school work. No two children are created equal, not even identical twins. The family is the incubator of inequality and God its author.”

Chapter 7. The Diversity Cult

“The non-Europeanization of America is heartening news of an almost transcendental quality,” Wattenberg trilled.4 Yet, one wonders: What kind of man looks with transcendental joy to a day when the people among whom he was raised have become a minority in a nation where the majority rules?”

“Historians will look back in stupor at 20th and 21st century Americans who believed the magnificent republic they inherited would be enriched by bringing in scores of millions from the failed states of the Third World.”

Chapter 8: The Triumph Of Tribalism

America’s war of revenge against Japan was a race war. Newsreels, movies, magazines, comic books, headlines treated “Japs” as a repulsive race whose extermination would benefit mankind….Only well after the war was over was it re-branded a war to bring the blessings of democracy to…Japan.

We may deny the existence of ethnonationalism, detest it, condemn it. But this creator and destroyer of empires and nations is a force infinitely more powerful than globalism, for it engages the heart. Men will die for it. Religion, race, culture and tribe are the four horsemen of the coming apocalypse.

Chapter 9. ‘The White Party’

“Through its support of mass immigration, its paralysis in power to prevent 12-20 million illegal aliens from entering and staying, its failure to address the “anchor-baby” issue, the Republican Party has birthed a new electorate that will send it the way of the Whigs.”

Chapter 10: The Long Retreat

“We borrow from Europe to defend Europe. We borrow from the Gulf states to defend the Gulf states. We borrow from Japan to defend Japan. Is it not a symptom of senility to be borrowing from the world so we can defend the world?”

“Are vital U.S. interests more imperiled by what happens in Iraq where were have 50,000 troops, or Afghanistan where we have 100,000, or South Korea where we have 28,000 — or by what is happening on our border with Mexico?…What does it profit America if we save Anbar and lose Arizona?”

Chapter 11: The Last Chance

“We are trying to create a nation that has never before existed, of all the races, tribes, cultures and creeds of Earth, where all are equal. In this utopian drive for the perfect society of our dreams we are killing the real country we inherited — the best and greatest country on earth.”

Developing…

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Jim Cramer Voices Support for Occupy Wall Street Crowd

When asked “if you were 20 years old, would you be protesting down at Zucotti park?”, Cramer replied “probably yes.” Then his face instantly dropped, like WTF did I just say? Oh no, my bank friends are gonna be sooo pissed, OMGROFLMAO.

Lame.

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Tech Stocks Bucking the Downtrend

No. Ticker % Change Market Cap Sector
1 CLWR 16.92 323,050,000 TECHNOLOGY
2 SINA 12.19 5,150,000,000 TECHNOLOGY
3 FCS 7.52 1,560,000,000 TECHNOLOGY
4 RMBS 6.89 1,720,000,000 TECHNOLOGY
5 AKAM 6.72 4,310,000,000 TECHNOLOGY
6 AOL 6.54 1,410,000,000 TECHNOLOGY
7 TQNT 5.56 977,150,000 TECHNOLOGY
8 COOL 5.47 106,460,000 TECHNOLOGY
9 S 5.25 7,700,000,000 TECHNOLOGY
10 NVDA 4.24 8,820,000,000 TECHNOLOGY
11 STX 4.11 4,690,000,000 TECHNOLOGY
12 QTM 3.52 526,410,000 TECHNOLOGY
13 SNDK 3.42 10,630,000,000 TECHNOLOGY
14 ALU 3.32 6,480,000,000 TECHNOLOGY
15 MU 3.17 5,160,000,000 TECHNOLOGY
16 ONNN 3.10 3,320,000,000 TECHNOLOGY
17 WDC 2.98 6,420,000,000 TECHNOLOGY
18 IL 2.87 412,310,000 TECHNOLOGY
19 IRF 2.77 1,490,000,000 TECHNOLOGY
20 ATML 2.66 4,380,000,000 TECHNOLOGY
21 NUAN 2.64 6,840,000,000 TECHNOLOGY
22 RFMD 2.62 1,900,000,000 TECHNOLOGY
23 RAX 2.61 4,890,000,000 TECHNOLOGY
24 TSRA 2.57 699,000,000 TECHNOLOGY
25 CHKP 2.56 11,630,000,000 TECHNOLOGY
26 CY 2.55 2,730,000,000 TECHNOLOGY
27 MXIM 2.54 7,180,000,000 TECHNOLOGY
28 ENER 2.52 26,750,000 TECHNOLOGY
29 LSI 2.46 3,270,000,000 TECHNOLOGY
30 INVE 2.44 117,940,000 TECHNOLOGY
31 TSL 2.38 502,070,000 TECHNOLOGY
32 MOTR 2.27 79,670,000 TECHNOLOGY
33 MRGE 2.24 599,730,000 TECHNOLOGY
34 BRCM 2.21 19,360,000,000 TECHNOLOGY
35 P 2.19 2,300,000,000 TECHNOLOGY
36 RNOW 2.12 1,220,000,000 TECHNOLOGY
37 FTWR 2.08 44,590,000 TECHNOLOGY
38 ATVI 2.08 14,570,000,000 TECHNOLOGY
39 BMC 1.91 6,430,000,000 TECHNOLOGY
40 SIMG 1.90 511,830,000 TECHNOLOGY
41 EMKR 1.85 100,420,000 TECHNOLOGY
42 SPIL 1.84 3,060,000,000 TECHNOLOGY
43 SOHU 1.77 2,190,000,000 TECHNOLOGY
44 QLIK 1.74 2,050,000,000 TECHNOLOGY
45 FTNT 1.58 2,710,000,000 TECHNOLOGY
46 TXN 1.58 34,310,000,000 TECHNOLOGY
47 LLTC 1.52 6,890,000,000 TECHNOLOGY
48 WBMD 1.51 1,750,000,000 TECHNOLOGY
49 MDRX 1.50 3,540,000,000 TECHNOLOGY
50 AMSC 1.49 203,820,000 TECHNOLOGY

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Large Cap Banks Are Getting Crushed Today

Here are the top 25 large cap losers today. Financials are leading the way lower.

No. Ticker % Change Market Cap
1 BCS -6.74 34,980,000,000
2 FBR -6.67 7,050,000,000
3 LNC -6.34 5,350,000,000
4 MGA -6.29 9,280,000,000
5 DB -6.24 36,810,000,000
6 LYG -6.19 47,990,000,000
7 JPM -5.96 129,450,000,000
8 TAC -5.87 5,090,000,000
9 SID -5.83 12,760,000,000
10 C -5.82 85,200,000,000
11 BAC -5.70 66,680,000,000
12 BX -5.51 6,830,000,000
13 MS -5.30 30,540,000,000
14 AIG -5.30 45,100,000,000
15 ACH -5.27 7,290,000,000
16 BAK -5.17 6,870,000,000
17 KEY -5.03 6,440,000,000
18 ASX -5.03 6,050,000,000
19 AEG -5.02 9,370,000,000
20 AMP -5.01 10,130,000,000
21 ZNH -4.87 292,470,000,000
22 DFS -4.76 13,980,000,000
23 SLW -4.61 11,580,000,000
24 NFX -4.55 5,610,000,000
25 COF -4.51 19,800,000,000

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