The new iPhone is going to be fucking huge. Back in the old days, “The Fly” only saw value in rotary phones and “drug dealer style” beepers. However, he has seen the light, with regards to gadgets and how they infect the minds of the weak. People will buy the new iPhone, even if it meant starving their newborns or killing their dogs.
The obvious winner is Apple Inc. [[AAPL]] . But, I’ve been playing the launch, indirectly, via OmniVision Technologies, Inc. [[OVTI]] . For the first time ever, a video camera will be in the iPhone and OVTI is the supplier. Can you say “better than expected earnings”?
Other beneficiaries of the new phone are Cypress Semiconductor Corporation [[CY]] , Synaptics, Incorporated [[SYNA]] and Starent Networks Corp. [[STAR]] . Both CY and SYNA enable touch screen functions, while STAR is the dominant leader in core routers. In other words, you would not have internet access, for your iPhone, Blackberry or any other smart phone, without STAR.
Additionally, Alcatel-Lucent (ADR) [[ALU]] and [[ERIC]] are key players in building out the new 4g network. If those euro-trash types could get their acts together, both stocks could run much, much higher.
As for today’s trading:
Oil and gas stocks are weak, while banks spiral higher. Unfortunately, tech is sitting this rally out, which means the market can sell off into the bell. Without a doubt, this market is becoming quite cumbersome to gauge and trade.
Good news for you leveraged ETF home gamers: The bastards from Pro-shares have decided to launch a new set of leveraged ETF’s, based upon the success of wiping out the majority of investors in their previous products.
Here are the new 200% long/short ETF’s:
Long
EET: Pac rim, ex-Japan
XPP: China
EZJ: Japan
EFO: Europe
Short
EPV: Europe
JPX: Pac rim, ex-Japan
BZQ: Brazil
SMK: Mexico
Enjoy!
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