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Monthly Archives: July 2016

Bloomberg Logic: The Nice Jihadist Wasn’t Truly an Islamist Because He Ate Pork

I’m sorry, true jihadists only throw gay men off buildings and fucking stone women to death for getting raped. God forbid a woman should get raped and not have 4 men nearby to testify to her victimhood, it’s lights out for her. True jihadists torture and behead people for their religious beliefs, crucify catholic priests and even destroy thousand year old artifacts because they don’t conform to their sick, perverted, and criminally minded way of thinking.

They suspend school for all children in their cities and give them the koran in its stead. They’re slavers and force young girls as young as 12 to become sex slaves–because that’s what true, pious, non-pork eating men do. Right?

Nice

You fucking morons.

“Several testimonies paint the picture of a man far removed from religious considerations, not a practicing Muslim, who ate pork, drank alcohol, took drugs and had unrestrained sexual activity,” Paris anti-terrorism prosecutor Francois Molins told reporters Monday

Still, Mohamed Lahouaiej Bouhlel had grown a beard eight days before the attack and had explained he did it for religious reasons, Molins said, citing another witness. The prosecutor also added that the man recently had a “clear interest” in jihadi movements and had made several Internet searches about the Koran since the beginning of the month.

Bouhlel, a 31-year-old Tunisian with French residency, was killed by police after he drove a rented 19-ton refrigerator truck for about 2 kilometers (1.2 miles) down Nice’s seafront Promenade des Anglais on July 14, killing 84 people and wounding more than 200.

By discussing whether or not this scourge of the earth ate pork, drank swill or took drugs, the insane person who wrote this article is placing the “true” jihadists on a pedestal, giving them a standard of sorts. No. I’m sorry, but none of these jihadists are pure in any way, whatsoever. They’re all hypocrites, liars, thieves and untrue to the basic decency and morality of mankind.

The Nice killer was a jihadist, even if it doesn’t fit into your distorted narrative of the world. He’s a jihadist, in spite of the fact that he ate pork, donkey punched in his spare time, and drank from Budweiser cans during the readings of the holy koran.

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New Fantastical Near Death Stories Emerge From Erdogan’s Propaganda Ministry

It’s like a James Bond movie, but with bad Turkish actors doing a poor job with special effects. News is flowing out of Erdogan’s propaganda ministry, the Turkish press, that the good President cheated death on several occasions during the coup. He was blessed by Allah to continue leading the Turkish people towards greatness, dodging bombs, dipping out just before special forces raids, and most impressively, telepathically comvincing a rebel fighter jet to not shoot his Presidential jet down.

All very impressive stuff.

At the height of the attempt to overthrow Turkish President Tayyip Erdogan, the rebel pilots of two F-16 fighter jets had Erdogan’s plane in their sights. And yet he was able to fly on.
The Turkish leader was returning to Istanbul from a holiday near the coastal resort of Marmaris after a faction in the military launched the coup attempt on Friday night, sealing off a bridge across the Bosphorus, trying to capture Istanbul’s main airport and sending tanks to parliament in Ankara.

“At least two F-16s harassed Erdogan’s plane while it was in the air and en route to Istanbul. They locked their radars on his plane and on two other F-16s protecting him,” a former military officer with knowledge of the events told Reuters.
“Why they didn’t fire is a mystery,” he said.

A successful overthrow of Erdogan, who has ruled the country of about 80 million people since 2003, could have sent Turkey spiraling into conflict and marked another seismic shift in the Middle East, five years after the Arab uprisings erupted and plunged its southern neighbor Syria into civil war.

A senior Turkish official confirmed to Reuters that Erdogan’s business jet had been harassed while flying from the airport that serves Marmaris by two F-16s commandeered by the coup plotters but that he had managed to reach Istanbul safely.
A second senior official also said the presidential jet had been “in trouble in the air” but gave no details.

Erdogan said as the coup unfolded that the plotters had tried to attack him in the resort town of Marmaris and had bombed places he had been at shortly after he left. He “evaded death by minutes”, the second official said.

Around 25 soldiers in helicopters descended on a hotel in Marmaris on ropes, shooting, just after Erdogan had left in an apparent attempt to seize him, broadcaster CNN Turk said.
Prime Minister Binali Yildirim had also been directly targeted in Istanbul during the coup bid and had narrowly escaped, the official said, without giving details.

Flight tracker websites showed a Gulfstream IV aircraft, a type of business jet owned by the Turkish government, take off from Dalaman airport, which is about an hour and a quarter’s drive from Marmaris, at about 2240 GMT on Friday.

It later circled in what appeared to be a holding pattern just south of Istanbul, around the time when a Reuters witness in the airport was still hearing bursts of gunfire, before finally coming in to land.

Gunfire and explosions rocked both Istanbul and Ankara through Friday night, as the armed faction which tried to seize power strafed the headquarters of Turkish intelligence and parliament in the capital. At one point it ordered state television to read out a statement declaring a nationwide curfew.

Who do you think should play Erdogan in the upcoming cinematic blockbuster feature, When Turkish Coups Fail?

I’m thinking Erdogan can be played by Robert Deniro or maybe even Brian Cranston. That’d be great.

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Deutsche Bank Downgrades $NTDOY After Adding $19 Billion in Cap Due to Pokemon Go Success

This is equal to downgrading Jesus after he rose from the dead and stunted on his killers.

The Germans believe $19 billion tacked onto the market cap of Nintendo is a bit too much. Moreover, they’d like investors to exhibit a bit of discipline when buying into a company that generally sucks, save the new app.

“Pokémon Go is a genuine phenomenon ? just after little over a week, it has added US$19 billion to the value of Nintendo,” writes Deutsche Bank analyst Han Joon Kim. “The market is now valuing Nintendo at US$27 billion in market capitalization (ex-cash & treasury shares at book value), on a par with global leaders such as Electronic Arts Inc. and Activision Blizzard Inc. that respectively have 5 percent global video game market share versus Nintendo’s current 2 percent.”

As such, amid this frenzy, the stock price now reflects operating and financial performance that will be difficult to realize, he argued.

“We need to see further hard evidence to model in significant further upside,” writes Kim, adding that the launch of Pokémon Go in other regions, introduction of new mobile games, and the reception to its new NX console were key events to watch in this regard.

The analyst cut his rating on Nintendo to “hold” from “buy” and upped his price target to 30,000 yen from 23,600 yen.

“We think the stock price now prices in a large portion of the market share recovery story, which we believe is readily achievable from leveraging its intellectual property to some degree,” he explains. “Combined with mobile game launches and market share recovery in console via NX, we are willing to model in a market share recovery by FY3/2019 to ~5 percent, but not towards the 10 percent level that Nintendo enjoyed in 2009 when Wii revolutionized the game industry.”

Shares of Nintendo, who own 33% of Pokemon, are up 91% over the past few weeks–due to the millions of freshly minted pokemon trainers now traversing the earth in search of augmented reality treasures.

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Stock for the Parent Company of CNNTurk Soars, Thanks to Failed Coup in Turkey

Prior to the coup, Dogan Holdings has a lot short sellers in the stock, as people believed Erdogan was going to clown slap freedom of the press, which included the CNN folks. However, and since Erdogan took to his FaceTime app with CNNTurk during the darkest moments of the flaccid coup attempt, investors who were short Dogan got their fucking brains scrambled for them today–as a new light of friendly relations with Erdogan helped the struggling company shine while everyone else fell into the abyss.

“The group earned praise from government officials following its broadcast of Erdogan on Friday,” said Figen Ozavci, the deputy chief executive officer at the Meksa Yatirim Menkul Degerler brokerage in Istanbul. “Investors seem to have interpreted this as the tension being reduced between the government and Dogan Holding, which is a positive given past experiences

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Lesson learned?

If you happen to own a news channel in a country who is undergoing a coup attempt, FaceTime the deposed leader on live television. Who knows? Your stock might just climb 16% the next trading day, if he’s successful.

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Crude Continues to Diverge from Stocks, Breaks $45 to the Downside

Question for you psychopaths out there: how low can WTI go without hurting stocks? Clearly, the market is strong, unfazed by harrowing terrorist attacks, and domestic strife. I’m pretty sure a 10 mega tonne nuclear device can detonate over a major US city and stocks would edge higher, after getting a 3:30 ramp into the bell.

But look at crude.

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It’s a very sick old man, ghastly even. All of the viagra that market has taken is missing in the flaccid action in the oil pits. That being said, does it mean anything to you that 2017 marks the beginning of massive debt expirations in the patch?

No. I didn’t think so.

Wait, WTI trading lower is good for Pokemon trainers who want to travel to new regions to find rare Pokemon, yes? Ok, I got it.

Fucking idiots.

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This Week in Exodus: Out of Gold, New Bubble Basket, Preparing for a Pullback

It’s 3am and I’ve been driving all night, so I’ll make this somewhat to the point. Last week I closed out my gold positions. I did so because…well, I’ll let me Exodus post speak for itself.

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After booking my gold positions and watch stocks lift, I highlighted how overbought the market was, according to Exodus. Bear in mind, I’ve spoken about how overbought signals do not equate to immediate pullbacks before. As a matter of fact, Exodus overbought signals are better signals for stocks to rise, probability wise, than our oversold. However, there are levels to overbought heights and last week we reached a high point, the ebb tide.

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Here is just one case of how stretched markets are, using only the basic resource sector as an example. The oscillator is our hybrid score model overlaid and specified for this particular sector. As you can see, these heights do not last very long, indicative of potential weakness in the not too distant future.

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Lastly, I reu laced 16 names in my Bubble Basket, which is an index of stocks I deem shortable, a key barometer of risk that is readily tossed into the fires during periods of stress. This index is off by 17% for the year.

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SoftBank Takes Some of Their $BABA Money and Acquires $ARMH for 50% Premium

Britain’s most valuable company, Arm Holdings, is being acquired for $32 billion or 50% higher than Ftoday’s closing price.

The chip giant, main supplier for Apple, should see its share price climb towards $70 today. If accepted and passed, this deal will represent the largest deal ever made by SoftBank.

Related: SoftBank just sold part of its Alibaba stake recently for $14 billion. In other words, they’re fading China, going long the UK.

 

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China Shuts Down Popular Blog for Talking Smack About Officials Haircuts

These people running China are literally like the dark creatures from middle earth depicted in Lord of the Rings. It’s patently absurd to simply wipe out another person’s life’s work, and source of income,  just because it offended an important government official.

While our freedoms here are considerably greater than most countries in the world, the trend doesn’t look good for freedom. The lies  that were told to us, regarding how exporting our capitalism to countries like China would cause reform, is laughable. You know what has happened since we’ve undertaken a policy of extreme globalism, business first, America last?

Instead of changing the tyrants overseas to become more liberal, we’ve become more like them. And that goes for all western societies. China is your future.

 

At the peak of her WeChat blogging career, Laura Lian was earning about $7,000 a month. Writing satirical articles for more than 220,000 fans, she won backing from an investor and quit her public-relations job.

Then it all came tumbling down. Internet authorities shut down her blog, called Shameless China, with no warning. It happened just after she posted an article mocking Chinese men’s hairstyles, including former President Jiang Zemin’s slick-backed coiffure.

“It didn’t dawn on me how serious the situation was,” Lian said. “I didn’t realize I was never getting back this account and all my followers.”

Lian’s story underscores how precarious the world of blogging remains for many writers in China. Well-known bloggers have been jailed and shamed on national TV. Qin Zhihui, a well-known author on social-media platform Weibo, was sentenced to three years in prison for publishing false information to drive web traffic. A 2013 missive by the Supreme People’s Court and top national prosecutor effectively criminalized defamatory web posts that are read by more than 5,000 people, reposted more than 500 times or caused people to hurt themselves.

As one of the 20 million official accounts operating on Tencent Holdings Ltd.’s WeChat, Lian’s account stood out for its blunt and edgy humor about Chinese and expatriate stereotypes. WeChat, which had 762.4 million monthly active users at the end of March, is a mobile app that blends chats, blogging, shopping, digital wallets and other smartphone apps.

Even before she started Shameless, Lian knew censorship was an issue. China polices and aggressively scrubs online content deemed undesirable or a threat to society, from violence and pornography to anti-government commentary. Tencent said in May that it deleted 85,000 rumor articles and that 7,000 accounts were punished for violating regulations “to maintain a healthy internet environment.”

Canny Lo, a spokeswoman for Tencent, didn’t respond to an e-mail and text message seeking comment.

 

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Zero Fucks: Futures Higher After Tumultuous Weekend

I am not surprised in the least. Horrific events in Nice, France, a failed coup in Turkey and a racially motivated killing of police officers in Baton Rouge cannot stop the perverts from buying SPY futs.

The pound is higher by 0.4%, yen lower and futs up around 3. The NIKKEI is closed tonight, so we’ll all need to imagine how much Nintendo would’ve gone up today, had Tokyo been open.

In the week ahead, anticipate racially divisiveness in Cleveland, as the media foments wanton hatred against Trump and his supporters, during the RNC convention. And, look out for  last minute fuckery by the RNC, who might try to steal the nomination from Trump.

Lastly, western societies continue to cede to the will of barbarians, like castrated cowards led by Manchurian candidates.

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