iBankCoin

Morning Poppers (Silicon Muscles Edition)

Futures are down 100 and the DAX is off by 1.5%. Every financial advisor I know is a genius and none of them are scared of a prolonged pullback — because of stock market muscle memory. There is a strict routine which is to be adhered to very closely.

We dip, we buy, we hit new highs.

None of the people that I talk to are truly prepared for a pullback that lasts longer than a week or two, let alone one that could last for months. We just broke the longest monthly winning streak since 1959. Think about that from a statistical point of view and now think about mean reversion and how Trump brags about his great big beautiful stock market and how Chair Powell isn’t an economist and the collapse in Bitcoin and what that might mean for semis. I realize it’s early and that’s a lot to ask from you so early in the morning — but you’ll do so nevertheless or you’ll stop reading me fookin’ blog.

Gold, oil down, equities down — you have fake muscles. Welcome to March.

Best Buy beats by $0.39, beats on revs; guides Q1 EPS below consensus, revs in-line; guides FY19 EPS and rev above consensus; raises dividend 32%
Kohl’s beats by $0.22, reports revs in-line; guides FY19 EPS in-line, revs in-line; Comparable sales increase 6.3%
Macy’s upgraded to Buy from Hold at Gordon Haskett; tgt $36
Sotheby’s beats by $0.15, beats on revs
Toyota Motor upgraded to Neutral from Underperform at BofA/Merrill

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35 comments

  1. Lyndon Keltner

    http://thehill.com/homenews/administration/376153-poll-majority-believes-trump-is-racist

    57% of Americans think Trump is racist. The other 43% are lying.

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    • sarcrilege

      If true, he’s not racist enough! There’s absolutely nothing wrong with being with and bettering own race, finding competitive advantage and competing with other races for advancement of humanity. This dilution bullshit and bending over backwards to decent down to the least common denominator is weakening all of us.

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      • Lyndon Keltner

        By dictionary definition, he is racist because he believes race is the primary determinant of human traits and capacities and that racial differences produce an inherent superiority of a particular race. The following list of evidence constantly grows longer:

        https://www.nytimes.com/interactive/2018/01/15/opinion/leonhardt-trump-racist.html

        But then he is representing America well. We cannot find a better face to do that than a lying pile of shit.

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        • Dr. Fly

          Isn’t it a little early for such heady conversation?

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          • numbersgame

            “There’s absolutely nothing wrong with being with and bettering own race” This and 3 thumbs up and this is the best response you can muster Fly?

            This is LITERALLLY why and how Hitler rose into power and stayed there. I don’t have a high bar for White Trash, but your response is truly limp dick. C’mon, you’re better than that.

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          • sarcrilege

            @numbgay, you know shit about Germany other than what MSM disinfo rags brainwashed you with and you fell for it. And stop dragging Hitler into every convo when you get smacked with a hard like a rock 12″ massive dick of truth across your face.

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          • numbersgame

            Just because SOME people always bring in Hitler, doesn’t mean that *I* do.

            Germany’s economy was being crushed under the reparations they had to pay under the Treaty of Versailles. Hitler made the Jews the scapegoat for German woes, which gradually escalated into full genocide. That’s the “MSM disinfo.” Tell me what the real deal is.

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        • sarcrilege

          NYT? The beacon of impartiality is your slam dunk reference to advance an argument? It is because of divisive rags like nyt americans are at each other’s throats.

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          • Lyndon Keltner

            Yes. New York Times. Not Fox News. Not Rush Limbaugh.

            Bashing New York Times is cool on sites like this. So, good for you.

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          • Lyndon Keltner

            Americans have always been at each other’s throats, long before and long after the Civil War.

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          • Lyndon Keltner

            By saying sites like this, I meant sites that racist white men who insist they are not racist frequent.

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          • sarcrilege

            I guess I am shitposting on the wrong site as I am white and racist and proud of preserving where my ancestry came from. Just like Ali. Listen carefully and learn:
            https://youtu.be/S1Y693cSF7E

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          • Lyndon Keltner

            I suppose you meant to say you are shitposting on the *correct* site–among those sites I described.

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          • sarcrilege

            I do not insist that I am NOT racist. I am racist. Just watch the link above, pause for a moment (take your time) and ponder the message. If you actually have the acumen to do so.

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          • numbersgame

            It is natural to have a preference for your own race, but only a morally-deficient person would consiously act on these feelings. Your line of thinking, beside justifiying genocides, also justifies many other horrible acts including rape and just about every crime that you think you can get away with (doesn’t crime without consequences improve your position/place in life?). You must have had a terrible childhood to have such a wayward moral compass. I pity you.

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          • sarcrilege

            @numbgay, sophistry

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          • numbersgame

            … says the guy that has no logical rebuttal to the arguement.

            Again, your line of thinking justifies every crime that you think you can get away with.

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          • sarcrilege

            It must be a case of reading comprehension issue w/ you. Re-read my very first comment at the top – stick with your tribe, find your competitive advantage and compete as a unit for the betterment of humanity. I NEVER advocated for genocide. Concentration is strength, dilution is weakness. Dilution and mixing of races is the recipe for genocides, i.e. here the radical marxists will turn South Africa into a real shithole, cuz that’s their competitive advantage, making shitholes. And that’s what the marxists are doing here too,
            https://tinyurl.com/y9zsfxnq

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          • numbersgame

            So what you are saying, is that you are “sticking with your tribe” not for your OWN benefit, but for the betterment of humanity as a whole? That may be waht you tell yourself, but that justification is on a foundation of sand.

            “find your competitive advantage and compete as a unit for the betterment of humanity.” Individuals have competative advantages, but races do not. While there is debate on whether there are statistically relevant genetic differences between races, every study shows that the variance WITHIN racial populations are much larger than the variations BETWEEN popupulations. This means that while you may beleive Race A is good at Math, while Race B is good at Construction, there are still many individual from Race B that would do much better in STEM fields than the majority of Race A.

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          • sarcrilege

            Mixing of races, religions, cultures, beliefs, etc. leads to discord, war, genocides. If a math aspired individual from Race A decides to join Race B that is better in math he better integrates himself fully with the majority instead of forcing the majority, Race B, to change their ways which conform to ways of an individual from Race A. That’s what I am saying. For example, homosexuals forcing heterosexuals to adopt homosexual ways will result a severe backlash once the pendulum swings the other way.

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          • numbersgame

            I agree that cultural differences can create problems, I also agree with integration, to soem extent. For example, if you want to be an American citizen, I beleive that you must be legally required speak English. However, that is not really waht you have been advocating.

            There is a difference between saying, “You must learn English to join us.” and “because you weren’t raised learing English you can never join us.” Or more precisely, “This applicant has a black-sounding name, so despite his qualifications, I’m going to presume he won’t fit in and not interview him.”

            Or maybe, “These white supremist have a right to protest, even though I may not agree 100% with them, but these black athletes should not be kneelign during the anthem, even though kneeling is generally a sign of respect and it brings attention to a social problem.”

            And homosexuals mostly want equal legal rights. There’s no way that a governement shoudl force a church to perform marriages between homosexuals. If homosxuals don’t lie that, theyare free to try and convice other memebrs of that religion to cahge, but they shouldn’t apply econmic pressures to force that cahnge – on a church. However, spouses have certain legal rights, and homosexuals shoudl be abel to get those rights.

            The problem with society is a lack of empathy, the inability of most people to see things from someone else’s viewpoint. Empathy is differnt from sympathy. You can understand WHY a terrorist blows up civilians to protest a foreign power’s actions, and still not sympathize that their actions were justified.

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          • sarcrilege

            I think we’re on the same page in principle. The trouble begins when minorities screech, wail and crybully the gov’t into using force to bend over the majority. Even bigger trouble begins when a third party pits one against another (divide and conquer) by sowing discord in order to exhaust their own enemies. That “smart” strategy works well short term but not in the long run. The best way is for the minority to demonstrate that their way of doing things is superior to the majority’s ways so the majority adopts the minority’s ways for their own benefit. That’s what I meant by “competitive advantage”. The Brits did not force (guns or law) the world to use English, yet the world adopted English organically as an international language.

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          • numbersgame

            The problem is that many “better their own race” (or their own position in life) by holding down others. In most cases, minorites “crybully” the government just for *EQUALITY*, but the dominant culture resists becuase they *correctly* realize that if others get more equality, that is a *disadvantage* to themselves.

            If you are white, and employers are no longer allowed to hire you because they are white and want to “better their own race,” then that is a disadvanatge to the white race. It IS and advantage to the country, becuase it means more non-whites can contribute to the country in a way that matches their skills and abilities. THAT is the reason that companies embrace diversity: not for Political Correctness, but for productivity and profit.

            Simirlarly, there are many reasons for the income disparity between men and women. However, part of that IS sexism. Some men resist changing that, because they *correctly* realize that equality means getting rid of their present *advantage*.

            (And if .we want to talk about population traits, I’d bet that racist as a whole are gentically inferior to other populations. This is usually WHY they are racist. Without a step up, they can’t compete with others on a equal basis.)

            And in terms of my earlier point about emapthy, the easiest way for a group to obtain empathy (or sympathy ) for another group is to SHOW empathy first. As an example, BLM should come out strongly against people that muder cops indiscrimnately, while cops should realize that failing to throw out dispicable cops from behind the Blue Shield just weakens their moral position and in fact further endangers the lives of good cops. Democrats need to understand that either humans aren’t specail or that life begins at SOMe time, so

            You really need a more coherent worldview. “(B)etter you own race” is utter bullshit; better yourself and your country. I’m done with this, but thansk for the discussion.

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        • silentboom

          Isn’t that called a scientist?

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          • numbersgame

            No, a scientist forms a theory, creates an expereiment to test that theory, and then validates/invalidates his/her hypothesis based on the evidence. He/she doesn’t throw out the evidence that they don’t like.

            This is why the best experiments are double-blind. This forces the scientist to evaluate the results without knowing in advance whether it proves or disproves their theory.

            It’s also important to take out biases. This is a big problem with many so-called IQ tests.

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      • Gus

        Be careful that you’re not gonna be dominated by some superior race because apparently in yours the intelligence gene has been diluted to 0.

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    • one-eighty

      “57% of Americans think Trump is racist. The other 43% are lying.”

      Actually 100% think he is a racist, and 43% are OK with that.

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  2. Lyndon Keltner

    Selling bond futures big league. Starting /ZB right here at 144 and /TN 128’18.

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  3. Bullish

    We do God’s work… somebody has do it.

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  4. biggranddaddy

    Hiiq….held since u recommended

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  5. stocksnblondes

    Caution is warranted given valuations, but going short is foolish. We’re due for greater volatility than we’ve had over the past year, but growth stocks should still work (while interest rate sensitive sectors should be avoided). I trust that Jerome won’t blow things up with overly-aggressive rate hikes.

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    • it is showtime

      Jerome, isnt, in charge
      It just wouldn’t make sense in the combined&comprehensive context.
      In the same vein that Trump is not in the club and societies and circles,
      This guy is entering a scene of deeply ingrained establishment and agenda.
      And he’s popping in after the substantial puppet terms of bernanke and janet.
      Arguably, c’mon, Jerome isn’t running the larger-operating agenda and direction

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