Amidst woeful trading action, “The Fly” staggered into the bell, losing a whole 2% of his holdings. It’s a regular MANSON MURDER at THE HOUSE OF FLY TODAY. Unlike many of you burlap shirt wearing goat fuckers, I don’t keep all of my coin in one stock—much to your chagrin. In addition, most of this morning’s sales were done in the green, prior to the bottom dropping out of tech ([[SONS]], [[ARUN]], etc).
I must admit, it was tempting to go long some health care names today, such as [[CI]], [[ENZN]] and [[BiiB]]. But, I made an oath, on Jupiter’s stone, to take the day off, in order to eat sandwiches and/or throw unsuspecting old men down idle manholes.
My take on the market is that we rally on the end of the Government “stress tests.” Look, the people want to buy the stocks (Italian accent). Do not get in the way of the people who are buying the stocks, you corn on the cocks (accent off).
Tonight’s homework will be to build two lists.
1. Stocks that should be bought on dips.
2. Stocks that should be bought on strength.
Frankly, I am sick and tired of the market already, partly thanks to lack of REM sleep. All “The Fly” does is work, work, work, with very little time to unwind and just punch people in the chest. I am bored.
Okay, I am done for the day and you will be lucky to hear from me again (today), barring some sort of hysterical news.
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fLY you need a vacation. Do you ever go on vacation ? And I don’t mean to upstate NY or some shit like that. A real fucking vacation. You know like Bora Bora , St. Lucia, the Galapagos. Take like 6 weeks off and go on a nice relaxing vacation.
SD earnings out. headline says beat by .17.
nice call Mr. FLy
I agree Cap, he needs to take his wife and chitlins to Key West and frolic on the beach. It’s fun, it’s relaxing, and everybody enjoys it.
If we didn’t get to the beach every now and then, we’d probably kill each other from the sheer stress of it all.
I don’t know how you do it, Fly. But am seriously grateful all the same.
TC also out with earnings that were good. Up AH.
CEO says he is “encouraged by the upturn in prices in the past two weeks”..
hopefully that bodes well for TC and GMO
Man, remember when everyone was all “The CEO of Jones Soda is selling shares!!” (At like $30 or something) 2 years back?
what a riot. Kinda makes me feel good to look at that piece of garbage every once in a while to see where it is at.
fuckin’ laughable earnings once again.
looks like Visa initiated with an Outperform at Raymond James
Target $75. After the bell.
WFC issuing stock…haaaaa…wow what a shock…watch the race to issue stock from banks…
Remember- EDGR & ELN…TYP-TZA…
Fly. It sounds like you need a three day weekend. Let’s get together and head over to the Waterpark. And don’t forget the sunblock this time. We don’t want to scare Fly,Jr. and Steve,Jr. this year.
I am issuing an offering here too, it appears everyone is doing this and I want in on it too!
Fly:
No Internet on vacation, either.
There Will Be Tears – http://www.youtube.com/watch?v=JiMor-TQvhg
LOL. MS also making offerings. Why are they fucking issuing these debt? Why not just give it to Obama’s clown rape force! They’ll end up buying these pieces of shit anyways.
308, who the fuck is raymond james and his Visa upgrade! Any monkey can make an upgrade.
Coud you post those homework lists please?
I too was slaughtered in the horrific trading!
And with my XOMA up 20% after hours misery abounds!
AIG took it in the ass with their earnings! Loss deeper than ANAL-ysts expected! WFC and MS both down over 3-5% in after-hours. Going to make very interesting trade tomorrow. Remember GS took a shitty 10 point dive after they announced stock offering, ONLY to fucking bounce from 110 to 141 today. But then again it’s GS, and MS nor WFC are that type of beast!
How I still cherish the analyst that predicted oil to 200-220, when oil was free-falling at 65……those were the good ol’ days!
Free trader,
no, you must have at least a BA in finance to make such an upgrade.
Frickin’ ATVI guidance sucked.
IFNNY is still rocking along though.
I continue to win. I’ve been accumulating as many utilities as possible the last six months, now I’m going to hold those and shift my major purchases towards accumulating mutual funds whether it’s a bull or a bear market.
By the way, I’ve found the more appropriate blog moderator for this site.
http://www.youtube.com/watch?v=bpjst6MkJAw&NR=1
I warned you fuckers at the beginning of the year that these fucking banks could triple. Look at Bank ofa-fucking Merica.
Too bad so many permeidiots are hopping on the gravy train so late in the game. The next step down (and we’re going back down), will certainly make them Marxist, as they will never invest in “free markets” again.
I like Fly very much. Today, jealous Mr. Hong from bakery next to my place come over. Hong tell me he put all money into gold. I tell him I sell all bank stocks today, after much money made. He say, “Oh, Chan, what going on? You don’t like stocks no more? You buy gold! My wife buy so much jewelery…”. But he stupid old fool.
Instead, I slowly eat sandwich and wait for time to punch off Hong mustache! I very patient man. Very patient.
We’re pretty assured you like making money, right?
Well, then you have to ask — Do you like keeping it??
New Jacksonian Core Holding: IAM Gold.
________
Clint Eastwood, you crack me up.
wow the difference between Bloomberg TV and CNBC are night and day on reporting on this Stress Test news.
Crap whassup with freaking PRU, shit they lose 174 m & gain 20 points, man I just dont understand, but I’ll take the gain. Waiting for it to drop like a rock from the Empire~!~ Then buy it back & watch it go up–its all history this is the second time in 6 months it has played this game, all aboard,
Snoopy
A lot of bank shares are up in after-hours after actual stress test results (surprise surprise ?) LOL…..definitely interesting trade tomorrow.
I thought they were going to disclose the methods and measures used in the stress test? Will this market euphoria continue or fizzle? Now that we have all the good news out there, then we should be expecting better news. Good news is just mediocre at this point.
Is it true that Citi only needs 5.5 billion, not 10?
Party on!
Financials are smoking after hours.
The FED dictates to the US and its corporations.
The Creature from Jekyll Island will strip us to that of the slum dogs.
**MARKET SENTIMENT HAS CHANGED**
Why is NY Fed Chair Friedman resigning effective immediately? sort of abrupt. Must be in a spat with Bernanke.
friedman handed out so much jack he got promoted to bankster first class at one of the firms or something. Pig.
CROX kicked in nuts. (Cue Cramer’s submarine dive sound)
REM sleep is the best!
burlap shirt wearing goat fuckers!
I just stopped by for the abuse.
FLY–NEVER QUIT, NEVER GIVE UP-YOU KNOW HOW TO TAKE A PUNCH AND HOW TO GET BACK IN THE RING AND KICK SOME BUTT…TOMORROW IS A NEW DAY WITH MUCH GREATER POSSIBILITIES FOR THOSE WHO KNOW HOW TO MAKE IT HAPPEN. And that you do!
copper play (PCU)-insiders has bought 12,172,476 shares this year alone. One owner has purchased 9.5 million over last year approx- to me it looks like they are slowly buying up the shares because they think it chea. I think this stock could go much higher, and I like the fact is has been moving slowly unlike (FCX) moved up quick. PCU is 18.00ish. Fly you wanted a metal play, could this be a possibility.
Orale, I talk to the Chinaman. Watch out I mug you. Stock is for asshat. I go clean roach coach.
juan, stfu you dirty swine flu! go back across the rio grande!