This is my final post for the day. I want you to stop attributing this run to end of month mark ups. You are being childish. Small pleb, the market is straight up for 6 months, with very little deviation from the primary trend.
There are drawdowns and not every sector is lighting faces aflame. Generally speaking, we’re in a fucking bull market and you’re gonna have to deal with that reality sooner or later.
The news is so bad, so disastrous, investors are Constanza trading with blinders on just to make themselves feel normal about life again. It’s hard to accept the fact that Spain is in the deeper depression than Kansas, circa 1930. Nevertheless, companies are banking extreme coin, leeching off slave labor camps in Asia, namely FOXCONN.
Labor is cheap. Natural gas energy is free and liquidity is plentiful.
Ninety percent of Americans have a job. But that doesn’t mean shit. The wealth in this country has been consolidated, readily found in the coffers of people, such as myself, for the benefit of society as a whole. We (1%er’s) are better stewards of American currency, than the factory union hack in 0hio.
It’s time to embrace the newest economy.
Everything is connected through Twitter/Facebook/Tripadvisor/Yelp/Pinterest, on a global scale. These venues will drive commerce like nothing you’ve ever seen before. Gone are the days when “The Fly” relegated his dining choices to some homo-hammer at Zagat. These days my choices are done local, via GPS, right on my fucking phone, provided by real people (no homo-hammer).YELP MOTHERFUCKERS! Twitter lets me know the news before the news knows the news. And Facebook gives me updates on the pathetic lives of some of my old friends, who are now fucktards, living the slow life, blue collared up like a janitor’s ass.
ANGI is interesting to me because contractors are scum bags. Angie’s List provides detailed reviews from real people who pay for membership. The fee is super cheap, like $20 per year, so it’s not punitive. But it keeps the riff-raff out and ensures the reviews are legit. It’s the Costco of home improvement review sites. Should housing gain traction, ANGI will double in share price, maybe more.
Finally, TRIP is running hard based off its parent co EXPE smashing estimates. Maybe OWW is worth a look? Unsure. But I do know TRIP is a long term hold, a future grandpa stock. NXPI smashed numbers last night, being a key provider to the iPhone and future enabler of the “digital wallet.” Learn up, son.
Eat and drink well– then prosper.
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Gimme The Loot, Gimme The Loot
Boring day, time to play with the lady, Bach then Bad Religion.
A compare to Costco, especially when it’s legit logic, is a pretty powerful symbol.
Kudos
a friend of mine owns this co. may go public after the instlation is perfected. he just put in his 2nd prototype in the keys. the system gives 17-30% savings on fuel
http://deepfriedenergy.com/
CPST is turning natty into electricity on oil fields right now!
Great summary of social media, my favorite part was the contractor scumbag thing and facebook now populated by (un or under)employed or lazy haha!!! sweet. trying to sell a house and gave up on contractors and have almost finished rebuilding my ENTIRE F-ING kitchen on my own. skills I maintain for the apocalypse… and more cash for trading.
Even if I knew how to redo a kitchen, I would never subject myself to that shit.
I pay people to do shit for me.
in my mind they are hot fembots and bring you drinks while you watch them plate your fridge in platinum.
INDEUD!!!!!
The important thing is to sell that house asap. This party won’t last forever.
Going into margin? Thought you were 100% long already? Or selling your grandpa positions
leverage
Going HAM!
this song is HORRIBLE
It is pretty horrible
I wrote a similar post back on 2/29 in the year 2000.
http://www.thestreet.com/funds/smarter/891820.html
Any one want to speculate on the odds that 10 years from now we will have a good chuckle at this post similar to the one linked above? I hope iBC holds on to it’s archives.
Who gives a shit what will happen 10 years from now? My opinion changes 3 times per week.
Hmmmmm, interesting philosophy. A great leadership strategy for being a role model for one’s children. Oops, need to change the phrase from “a role model …” to “a responsible parent …………
what the fuck do investment strategies have to do with raising a child…
Is Cramer a relative of yours?
We live in the present. Tomorrow it may be necessary to change one’s opinion.
That’s great Jim. Still holding $CSCO from 66.00?
Delmon Young hates you.
Actually only 64% of Americans have jobs, and that number continues to fall.
http://data.bls.gov/timeseries/LNS11300000
Children, seniors, students…. yeah, yeah, yeah. 90% of the workforce has jobs. accoding to the gov’t.
It’s sad that the government continues to revise their unemployment counting methods. It is shocking to see the number of people using food stamps these days.
Fly,
You like NXPI, how about PAY (Verifone)? Their latest investor presentation is quite interesting…
ACOM has been killing for the last couple days. Earnings beat plus and they are buying out their major competition. The CEO was outstanding on their conf call, like the CPST dude imo.
Great post Senor Tropicana.
I go to YELP to see what Groupons I want.
Hahahahahahahahahahahahahahahahahahahahahahah
fucking guidos
Why not look at DANG……..same idea (” Everything is connected “) except in this case for 1.34 Billion Chinese, not 313 Million Americans.
I don’t like accounting frauds
Oct. 2011..BoE (bank of England) issued QE, even though they are in Recession since then, there is only one dove talking QE, everyone else says NO WAY.
Dec 2011..ECB LTRO, Draghai says they will wait until June to see if it even works.
April 2012..The Clam says he will add QE if things go bad, but that means a BAD NFP for several months and Weaker CPI data. If that doesn’t happen, the Clam is Trapped. I am watching to see if last months NFP becomes revisited to the upside next Friday.
This imho has nothing to do with a global economy becoming better..but just stupid Central Banks thinking they can fix this mess, yet they are just making it more deadly. Next week Global PMI’s will confirm how bad it really is…and PoPimp, I can now say USA GDP becoming weaker.
April 2012..The Clam says he will add QE if things go bad, but that means a BAD NFP for several months and Weaker CPI data. If that doesn’t happen, the Clam is Trapped.
If things don’t go bad then the markets will go up without any stimulus. Why is this so difficult for you to understand?
I agree Po. That raises a good question. What is the clam’s definition of “bad?” 150k or below on Friday’s number? He has made it clear that he will be proactive as opposed to reactive.
Last year we had stronger NFP, Stronger CPI and the market sold off until Oct BoE QE.
1) NFP was stronger in 2011 for April, but Jan – Mar were much better in 2012.
2). A lower CPI (within reason) is a good thing over the long term.
http://www.crystalbull.com/stock-market-timing/CPI-chart/
FOMC has the 2 mandates, employment and price controls..if NFP is better in 2012 and CPI moves up they have no basis to use QE, if NFP moves up or stay sideways..same for CPI then they still can’t add QE. Only if NFP drops big over 2 months or more AND CPI does not move up, can they add QE.
And once again, let me spell this out very clearly.
IF NFP MOVE UP THE FUCKING MARKET WILL GO UP WITHOUT QE!!!!!
We will see Po..Eur/USD would sell off hard, triggering AUD/USD to sell off..which in turn would trigger Commoditity sell off…and FOMC won’t be able to QE.
I lol at the whole notion of bernanke somehow being trapped. He is master of your domain.
Nymph may be more trapped than is Ben.
No..never trapped, always learning..lots to learn.
Cronkite’s post “PROFESSOR: The World Is Overpopulated By 5 Billion People”
and then Cronkite himself posts with a strong insinuation that he’s in favor of UN Agenda 21.
What’s with hiring CHANGE AGENTS to regularly post propaganda news, Fly? You don’t think we get inundated enough with this already, just turning on the TV, radio, or newspaper?
I called Cronkite out several times on this crap, and then I get my IP banned. What the hay is going on over there?
Is this a financial guidance site, or are you intentionally leading us into a hole?
Water Cronkite died in July 2009, you maroon.
AAPL one of the most unethical companies around. What is ethical about making $40 billion in profits on sales of $120 bill?
Or exploiting slave labor in China?
Or dodging taxes?
http://www.nytimes.com/2012/04/29/business/apples-tax-strategy-aims-at-low-tax-states-and-nations.html
Can you explain to me how the percentage of profits they take in out of the 120 bil sales is an ethical question?
I agree. But I don’t want to hear any bitching and whining about CVX / RDS / XOM’s profits going forward either. I bet they pay a lot more in taxes too… A shitload more.
Hey, I agree with you.
CA’s response should be to lower the corporate tax rate, not publicly shame AAPL through hit pieces. What about the amount of state income tax and local sales tax generated with their employees living in CA?
Slanted journalism is also highly unethical.
Indeud
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{webmasters|site owners|website owners|web owners} and bloggers made
good content as you did, the {internet|net|web} will be {much more|a lot more} useful than ever before.
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I {couldn’t|could not} {resist|refrain from} commenting. {Very well|Perfectly|Well|Exceptionally well} written!|
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just} {could|can} do with {some|a few} {%|p.
c.|percent} to {force|pressure|drive|power} the message
{house|home} {a bit|a little bit}, {however|but} {other than|instead of} that,
{this is|that is} {great|wonderful|fantastic|magnificent|excellent} blog.
{A great|An excellent|A fantastic} read. {I’ll|I will} {definitely|certainly} be back.|
I visited {multiple|many|several|various} {websites|sites|web sites|web pages|blogs} {but|except|however} the audio {quality|feature} for audio songs {current|present|existing} at this {website|web site|site|web page} is {really|actually|in fact|truly|genuinely} {marvelous|wonderful|excellent|fabulous|superb}.|
{Howdy|Hi there|Hi|Hello}, i read your blog {occasionally|from time to time} and i own a similar one and i was just {wondering|curious} if you get a lot of spam {comments|responses|feedback|remarks}? If so how do you {prevent|reduce|stop|protect against} it, any plugin or anything you can {advise|suggest|recommend}? I get so much lately it’s driving me {mad|insane|crazy} so any {assistance|help|support} is very much appreciated.
|
Greetings! {Very helpful|Very useful} advice {within this|in this particular} {article|post}!
{It is the|It’s the} little changes {that make|which will make|that produce|that will make} {the biggest|the largest|the greatest|the most important|the most significant} changes. {Thanks a lot|Thanks|Many thanks} for sharing!|
{I really|I truly|I seriously|I absolutely} love {your blog|your site|your website}.. {Very nice|Excellent|Pleasant|Great} colors & theme. Did you {create|develop|make|build} {this website|this site|this web site|this amazing site} yourself? Please reply back as I’m {looking to|trying to|planning to|wanting to|hoping to|attempting to} create {my own|my very own|my
own personal} {blog|website|site} and {would like to|want to|would love to} {know|learn|find out} where you got this from or {what the|exactly what
the|just what the} theme {is called|is named}. {Thanks|Many thanks|Thank you|Cheers|Appreciate it|Kudos}!
|
{Hi there|Hello there|Howdy}! This {post|article|blog post} {couldn’t|could not} be written {any better|much better}! {Reading through|Looking at|Going through|Looking through} this {post|article} reminds me of my previous roommate! He {always|constantly|continually} kept {talking about|preaching about} this. {I will|I’ll|I am
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to him. {Pretty sure|Fairly certain} {he will|he’ll|he’s going to}
{have a good|have a very good|have a great} read. {Thank you for|Thanks for|Many thanks for|I appreciate you
for} sharing!|
{Wow|Whoa|Incredible|Amazing}! This blog looks
{exactly|just} like my old one! It’s on a {completely|entirely|totally} different {topic|subject} but it has pretty much the same {layout|page layout} and design. {Excellent|Wonderful|Great|Outstanding|Superb} choice of colors!|
{There is|There’s} {definately|certainly} {a lot
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{You made|You’ve made|You have made} some {decent|good|really good} points there.
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{Hi|Hello|Hi there|What’s up}, I {log on to|check|read} your {new stuff|blogs|blog} {regularly|like every week|daily|on a regular basis}. Your {story-telling|writing|humoristic} style is {awesome|witty}, keep {doing what you’re doing|up the good
work|it up}!|
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got|I have got} you {bookmarked|book marked|book-marked|saved as
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{Hi|Hello|Hi there|What’s up}, just wanted to {mention|say|tell you}, I {enjoyed|liked|loved} this {article|post|blog post}. It was {inspiring|funny|practical|helpful}. Keep on posting!|
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{Could|Would} you {list|make a list} {all|every one|the
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|
{Hi there|Hello}, I enjoy reading {all of|through} your {article|post|article post}.
I {like|wanted} to write a little comment to support you.
|
I {always|constantly|every time} spent my half an hour
to read this {blog|weblog|webpage|website|web site}’s {articles|posts|articles or reviews|content} {everyday|daily|every day|all the time} along with a {cup|mug} of coffee.|
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My {coder|programmer|developer} is trying to {persuade|convince} me to move to .net from PHP. I have always disliked the idea because of the {expenses|costs}. But he’s tryiong none
the less. I’ve been using {Movable-type|WordPress} on {a number of|a variety of|numerous|several|various} websites for about a year and am {nervous|anxious|worried|concerned} about switching to another platform. I have heard {fantastic|very good|excellent|great|good} things about blogengine.net. Is there a way I can {transfer|import} all my wordpress {content|posts} into it? {Any kind of|Any} help would be {really|greatly} appreciated!|
{Hello|Hi|Hello there|Hi there|Howdy|Good day}! I could have sworn I’ve {been to|visited} {this blog|this web site|this website|this
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I hope to give something back and {help|aid} others like
you {helped|aided} me.|
{Hi|Hello|Hi there|Hello there|Howdy|Greetings}, {I
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{I just|I simply|I merely} wanted to {give you a|provide you
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{fantastic|wonderful|great|excellent} {blog|website|site}!
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{A person|Someone|Somebody} {necessarily|essentially} {lend a hand|help|assist} to make {seriously|critically|significantly|severely} {articles|posts} {I would|I
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Your {way|method|means|mode} of {describing|explaining|telling} {everything|all|the whole thing} in this {article|post|piece of writing|paragraph} is {really|actually|in fact|truly|genuinely} {nice|pleasant|good|fastidious}, {all|every one} {can|be able to|be capable of} {easily|without difficulty|effortlessly|simply} {understand|know|be aware of} it, Thanks a lot.|
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{Hello|Hi} there, {simply|just} {turned into|became|was|become|changed into} {aware of|alert to} your {blog|weblog} {thru|through|via} Google, {and found|and located} that {it is|it’s} {really|truly} informative. {I’m|I am} {gonna|going to} {watch
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{I am|I’m} curious to find out what blog {system|platform} {you have been|you happen to
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{I am|I’m} {extremely|really} impressed with your writing skills {and also|as well as} with the layout
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{Either way|Anyway} keep up the {nice|excellent} quality writing, {it’s|it is} rare to see a {nice|great} blog like this one {these days|nowadays|today}.|
{I am|I’m} {extremely|really} {inspired|impressed} {with your|together with your|along with your} writing {talents|skills|abilities} {and also|as {smartly|well|neatly}
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{Is this|Is that this} a paid {subject|topic|subject matter|theme} or
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{Hi|Hello}, Neat post. {There is|There’s} {a problem|an issue} {with your|together with your|along with your} {site|web site|website}
in {internet|web} explorer, {may|might|could|would} {check|test} this?
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|
{I’m|I am} not sure where {you are|you’re} getting your
{info|information}, but {good|great} topic. I needs
to spend some time learning {more|much more} or understanding more.
Thanks for {great|wonderful|fantastic|magnificent|excellent}
{information|info} I was looking for this {information|info}
for my mission.|
{Hi|Hello}, i think that i saw you visited my {blog|weblog|website|web site|site} {so|thus} i came to “return the
favor”.{I am|I’m} {trying to|attempting to} find things to {improve|enhance} my {website|site|web site}!I suppose its ok to use {some of|a few of} your ideas!!\