iBankCoin
Home / 2016 (page 26)

Yearly Archives: 2016

Trump Says Hillary Investigation ‘Not Off the Table’, But ‘Doesn’t Want to Hurt the Clinton’s’

Early this morning, the Morning Shill with Mika Brzezinski said Trump wasn’t interested in pulling a fatality move on Hillary Clinton via a criminal indictment of the crimes she committed by using her email server. In his meeting with the NY Times today, he didn’t rule out a Clinton investigation, for those of you trying to determine if he’s playing 4d chess or not. I know the media is having a field day, trying to paint Trump as a flip flopper on the issue. But, he clearly stated the topic WAS NOT off the table. Saying that he doesn’t want to hurt the Clinton’s isn’t the same as definitively saying the email matter was closed — for those of you unable to discern rudimentary english.

Now, his meeting with the NY Times is producing even more outrageous headlines, such as The Clinton Foundation has done good work, global warming cuckery and a subtle but distinctive distancing away from the alt-right crowd — which got him into the White House.

Maggie Haberman of the NY Times was at the meeting and was living tweeting some of the highlights.

Comments »

Wholefoods Robbery: Organic Thanksgiving Ingredients Up 26% From Last Year

For plebs or persons comfortable ingesting large quantities of cancer giving chemicals, Thanksgiving ingredients rose 7.6% to $94.63, year over year. But for organic-assholes like me, prices have fucking skyrocketed by 26% to $134.95. For those of you pondering where inflation is being buried, it’s in the aisles of organic grocers — like Wholefoods. I have a hard theory on why this is happening — all stemming from the dichotomy in the economy, between the haves and have nots. Inflation for the rich is in the double digits. And those assholes, like me, eat organic food.

Bear in mind, I’m not religious about eating organic food. Being a fatalist, I’m not scared of death, or even a harrowing one via inorganic foods. Nonetheless, my grocery bills for a family of 5 are beyond absurd — at $3,000-$3,500 per month, not including fine dining out with my dickhead friends.

The vast majority of my produce comes from local farms in the Princeton area. But I do plenty of shopping at Wholefoods as well and I feel like a victim every time I insert my debit card into their god forsaken money collecting machines.

For a shopper looking to serve a fully organic meal, Austin, Texas-based Whole Foods was the only retailer in the study where the 20 items were available. The price of the organic basket was $134.95, up almost 26 percent year-over-year. Whole Foods made its name as a supplier of items that shoppers couldn’t find elsewhere, but with organic food moving to the mainstream, there are now supply constraints. That’s made it tricky for company to keep prices down, Bartashus said.

“There are only so many organic turkeys out there,” she said. “Supply isn’t expanding as quickly as demand with some of the specialty items — it makes it harder for them to bring down prices.”

Last year, Wholefoods came under fire for blatantly ripping their customers off.

Last week, New York’s Department of Consumer Affairs said it was expanding its investigation after finding that Whole Foods stores in the city regularly ripped customers off, including overcharging $14.84 for a package of coconut shrimp and $4.85 for eight chicken tenders. The department tested 80 types of prepackaged items and found all of them had mislabeled weights. The investigation focused on eight stores in the city.

In a statement, Commissioner Julie Menin said that the Department of Consumer Affairs was “gratified” that Whole Foods admitted to issues with its prepackaged food labels.

In the YouTube video, Mackey said there was a “very small percentage” of weighing errors with items made in stores, including sandwiches, fresh juices and cut fruits.

“We know they are unintentional because the mistakes are both in the customer’s favor and sometimes not in the customer’s favor,” Robb said.

Even while ripping off their well to do customers, profits haven’t exactly been robust. After years of uninterrupted earnings growth, the chickens have finally come home to roost — as the pangs of this healthcare burdened economy finally hit the bottom line of the biggest asshole grocers in the country.

earnings

Year to date, WFM is down 5.2%, KR is off by 18.6%, SVU is down 30%, SFM is down 18% and TFM is the only outlier, higher by 21%.

Conversely, the distributors of food are making bank. With demand kicking up, the volume of organic goods is buoying the profits of the fuckers who deliver the stuff. Shares of SPTN are up 72% for the year, in addition to SYY (+38%) and UNFI (+21%).

Comments »

BEHOLD: The Turkey Gods Approach; National Festival is Nearly Upon You

Markets are always jubilant ahead of national festival day, a day made official by President Lincoln in the middle of the civil war — then switched to the third Thursday by FDR in order to help Macy’s, which, for a while, earned him ridicule by house republicans who called it Franksgiving.

Generally speaking, everyone loves Thanksgiving, unless of course you’re an American Indian, who views it as a day of mourning.

Good thing for Wall Street, investors don’t give a shit about the feelings of American Indians. Heading into Black Friday and Cyber Monday, markets, generally, do quite well.

Eddy Elfenbein tweeted out some startling statistics about Turkey week and markets.

In recent years, we’ve had a sharp run up into Thanksgiving, only to sell off the following week after learning about how shitty the retail sales were during Black Friday and how Amazon was kicking everyone in the nuts.

Either way, now is not the time to lament about risks or discuss the pathetic state of the shopping mall. We’ll get to that in detail next week. Now is the time to begin to unwind, prepare to enjoy the family and hopefully stuff our faces with lots of Turkey and cranberried stuffing, amongst other things.

Comments »

Report: Trump Administration to Permit Hillary to Get Away with Email Server Crimes

Say it ain’t so, Joe.

The Morning Shill, with Mika Brzezinski, is reporting that sources say Trump isn’t going to prosecute the greatest political criminal since Nixon, Hillary Clinton.

This could be more 4d chess from Trump, a man who promised to drain the swamp. Quite frankly, it’s impossible to drain said swamp with an alligator like Clinton and her pizza loving idiots roaming the earth free. Maybe it’s important to bear in mind, he isn’t President yet and he won’t be the person making the decision whether to prosecute or not, the AG (Sessions) will.

Knowing the establishment are deathly afraid of a Clinton prosecution and needing Sessions to get Senate approval, it wouldn’t surprise me to hear this now, only to learn later that Sessions had decided to pursue and prosecute a case against Hillary.

David Wright, from fake news agency CNN, tweeted out to his deranged fans comments just made by Trump’s spokeswoman, Kellyanne Conway, which corroborates what the Morning Shill said earlier.

img_5690

So, the question arises, is Trump giving Clinton a pass in order to tackle and focus on bigger issues (THE WALL) that relate to every day Americans or is this more classic Trump ninja psyops games, fucking with his enemies?

Comments »

German Bund Yields Diverge and Head Lower Again Amidst Market Jubilation

Are the Germans being penalized for losing their leadership status, in light of the Le Pen surge in recent polls or are yields dropping again as a sign of risk off?

With markets ripping to new record highs, this is a curious divergence and worthy of inspection.

img_5685

U.S. 10yr has soared from 1.75% to 2.30% since Election Day.

img_5687

Comments »

Obama Continues His World Tour, Taking on ‘Fake News’

Fascinating stuff. Our President, who presides over the land of the free, continues to bitch about ‘FAKE NEWS’ getting in the way of democratic elections. I could only surmise that Obama and his cohorts would like us to all rely upon the Washington Post and the NY Times for our information — discarding and blocking all of the other ‘alt-right’ publications and websites that distort the narrative that is being promoted.

What is the end game with all of this uproar? Do these people actually believe that Americans want regulations imposed on the internet, like the fucking fuckers from China? Not even the most deranged libtard wants that.

But here he is, the thin man from Hawaii, casting aspersions over the free press.

Here’s Greg Gutfeld checking the snowflake trolling — pointing out the real fake news emanating from the mainstream media.

Indeed. You all deserve ‘good news.’ God willing the community organizers in the social media ghettos will curate it for us.

Comments »

Leaked Documents Reveal WE’RE GONNA BUILD A GIGANTIC SOUTHERN BORDER WALL

And Mexico is going to pay for it.

Kris Kobach, Secretary of State for the good state of Kansas, met with Donald Trump today — taking with him a 365 day plan for the DHS. It’s widely rumored that Kobach might land as head of Trump’s Homeland Security Department.

In an unbelievable revelation, the documents that he was holding were published by Getty images for the world to see, and confirmed that this good gent possessed godly plans to build a gigantic southern border wall — amongst other wondrous items that I will soon touch upon.

Indeud.

proof

Amongst the things mentioned in his ‘top secret’ document are plans to vet persons who believe in Sharia law. Those fuckers aren’t getting in anymore.

Plans to reduce Syrian refugees to zero. Fuck that shit. Good luck Germany.

All aliens from ‘high risk’ areas will be tracked. Hello Saudi Arabia.

Last but not least, 1,989 miles of wall for ‘rapid build.’

Kobach, who is part of Trump’s transition team is on record saying “There’s no question the wall is going to get built. The only question is how quickly will it get done and who pays for it.”

wall

Comments »

After a Fortnight of Trump Winning the Election, Here Are the Biggest Winners

The S&P is up by 8% since election night. Everyone has gone collectively insane — chasing stocks up the chute, not knowing what they might find when they reach the top. From my biased perspective, you’re all gonna find monstrous yetis — who will then savage and eat you whole, reducing your little Robinhood piker accounts in shambles.

Nonetheless, there has been quite a bit of proverbial enjoyment since the Trump victory. Here are some of the highlights, with a very brief explanation for their prospective runs.

FNMA +93% – the federal government will permit this business to live without milking it for every red cent.
KRO +50% – EPA regulations for the chemical industry will be restrained.
CXW +48% – we’re gonna arrest lots of Mexican criminals and will need a place to store them.
RARE +45% – Hillary Clinton has been defeated. Ergo, the pharma industry has been saved!
X +42% – we’re gonna build a giant southern border wall, using lots of America steel.
PLCE +38% – with the defeat of Hillary, John Podesta, and his band of child pedophiles, will be prosecuted. Ergo, the children are safe.
TREX +33% – Trump’s infrastructure plans entails building TREX decks for every American tax paying homeowner. Lower taxes equals more spending.
FOSL +31% – lower taxes equals more spending.
DK +30% – American oil will be respected and encouraged. The refiners will enjoy less regulations and wider WTI-Brent spreads.
FCX +28% – Nonsensical. Apparently, we’re gonna make China great too.
WIX +26% – Everyone is building their own websites, publishing FAKE NEWS.
OZRK +27% – local banks are enjoying a blow out in credit spreads and will be encouraged to lend under Trump.
OAS +23% – Up on hopes of an OPEC cut and subsequent rise in crude.
DV +22% – Trump University for all. The era of online education is upon us.

Comments »

TUCKER CARLSON ATTEMPTS TO UNCUCK FLAG HATING STUDENT FROM HAMPSHIRE COLLEGE

Mission failed. This lad is too far off into the ether of libertardism to save. This conversation stems from the decision by the crazed goons at Hampshire college to both burn and ban the American flag on campus — calling it a symbol of oppression and hatred.

A spokesman at the college said that by removing the symbol of evil, the American flag, it would “enable us to instead focus our efforts on addressing racist, misogynistic, Islamophobic, anti-immigrant, anti-Semitic, and anti-LGBTQ rhetoric and behaviors.”

Indeed.

Tucker faces off with one of the cucks from Hampshire, in an attempt to redpill him back into reality, and out of the matrix of his retarded world.

Comments »

Cyber Security Stocks Drop After Bellweather $PANW Issues Revenue Warning

All things considered, the $PANW numbers weren’t all that bad. Revenues rose by 34% and gross margins are at the historical median point. However, they issued a warning for next quarter, taking with it the entirety of the cyber-security sector.

Reports Q1 (Oct) earnings of $0.55 per share, $0.03 better than the Capital IQ Consensus of $0.52; revenues rose 34.0% year/year to $398.1 mln vs the $400.38 mln Capital IQ Consensus.

Billings grew 33% y/y to $516.9 bln (Q2 increased 45% y/y)

Co issues guidance for Q2, sees EPS of $0.61-0.63, excluding non-recurring items, vs. $0.63 Capital IQ Consensus Estimate; sees Q2 revs of $426-432 mln vs. $439.28 mln Capital IQ Consensus Estimate.

Judging by the growth numbers, one might surmise PANW to be a wonderful enterprise, unless of course you bothered to take a gander at its balance sheet and come to the realization that the company is unable to earn a profit.

panw

Taking a cursory view at their balance sheet, it appears the growth of the company is entirely tied and offset by the amount of money spent on sales and marketing. Since 2015, revenues have nearly doubled, and so have expenses in sales and marketing! How delightful.

panw2

Valuation wise, PANW is absurdly expensive at 11x sales — especially when compared to their peers, like CHKP (8x), SYMC (5x), VRSN (8x) and the clown of the sector, FEYE at 3x.

Shares are plummeting in an after-hours bloodfest.

panw3

Other stocks in the sector, down in sympathy, include FEYE (-2%), SPLK (-1.75%), FTNT (-2.1%), CYBR (-1.1%) and PFPT (-4.5%).

Comments »