The great and fearless King of The United States has now left my city, a city he sees as his citadel in the west. I now must venture out into the rainy oil covered streets. I have been running around like a headless chicken on PCP all day, and it doesn’t look to stop, I probably won’t be able to go to the gym, and this makes me angry.
Here’s what I did today:
Sold DDD for a 2.13% loss, so that I could…
Short XONE with a cost basis of $31.12
I will, hopefully, be back right after the close
I hate to say it, but look at VIX futures, then compare them to the market index futures. Not looking good. It may not happen, but I will be checking when Europe opens to see what it’s looking like, then updating this. If we do trade down, this is the screen I am looking at to spot potential shorts.
I will almost definitely be initiating a short in XONE tomorrow. I’m sorry, 3D printing is “cool,” but all the hype, without a real demand, and a supply– for that matter –just doesn’t exist. They have been making awesome things with 3D printing, but it’s not replacing forging AR15 lower receivers the old fashioned way anytime soon. There are many things it’s going to be awesome for, but you have to convince the “old guard” first. This thing is up ~19% since it’s IPO at the beginning of March. Time for it to be taught some humility.
Here’s what the screen turned up:
Names of interest: RENT NKTR FR CERS EGAN KRG CQP (<-seriously) CHTR VIPS ANGI (<-seriously)
Charts for the “names of interest” here
[EDIT: I’m going to bed, finally, but I think we trade down in the morning}
LULU just announced that Chief Product Officer Sheree Waterson would be leaving, she has been with the company since 2008. IN that time the company has surged with growth, but has been shaky as of late. It seems as though Ms. Waterson was given here walking papers from reading the press release. I take this to be bearish, as the landscape is changing quickly, with many new competitors. Who they choose to replace her could cause a move in the name, but time will only tell.
They also released another statement regarding the recent “sheer” black Luon saga, and the forward looking statements on the company. It seems like they are pulling a bit of an AAPL, they just thought people would want to buy their products forever, with little change. “The Rhino,” does not agree.
VANCOUVER, British Columbia–(BUSINESS WIRE)–
lululemon athletica inc. (LULU) (LLL.TO) today provided an update on its black luon production issues.
After an evaluation of lululemon’s previously disclosed black luon production issues, the company concluded that the current specification and testing protocols for the signature fabric luon that were developed in 2006 have not materially changed. However, production of luon is a complex process with a number of different inputs, and fabric is the key factor. While the fabric involved may have met testing standards, it was on the low end of lululemon’s tolerance scale and we have found that our testing protocols were incomplete for some of the variables in fabric characteristics. When combined with subtle style changes in pattern, the resulting end product had an unacceptable level of sheerness.
lululemon had taken steps prior to the black luon issue to bolster its internal product expertise, including the addition of senior level capabilities in quality, raw materials and production. This new team was instrumental in determining the root cause of the issue and has initiated three work streams to address what we believe are the contributing causes.
Work streams and actions include:
1. Testing & processes: lululemon’s quality team is assessing all luon products in the production pipeline according to newly implemented rigorous testing and quality processes that includes revised specifications for modulus (stretch), weight and tolerances.
2. Factory oversight: lululemon employees have been stationed in factories to monitor and test products and will educate internal teams and manufacturing partners on new testing standards and methodologies.
3. Leadership and structure: lululemon is building a stronger internal structure with new leadership and cross-functional team capability that we believe will create a more robust organization to support our long-term growth strategy.
“Our stand for differentiation is the quality of our product. We have been building capacity in the product organization, and we recognize that continued investment in this segment of the business is required to support our future,” said lululemon CEO Christine Day. “We are committed to continually developing best in class fabrics, and are committed to only putting product in our stores that meets our stringent standards.”
Based on our evaluation to date, there is no change to the company’s first quarter and fiscal 2013 earnings guidance that was provided on March 21st, 2013.
Let us forgo the pain and suffering of war. I propose a way end to end the hostilities with the DPRK, a kickboxing match between Kim Jong Un, and “The Rhino.” He’s supposed to have balls of steel right? How about a winner takes all 3 round match?
You were unaware I was such a humanitarian– I’m sure –but what say you on the matter?
This thing is about to run out of gas, possibly momentarily, put it could continue through the spring, and into the summer. I’m looking for names that are going to fall first, and the fastest. This is just a preliminary screen, and I will be looking through these names more in depth. I’m looking for names near their 52 week high, with poor fundamentals, and poor April seasonality. Did I mention, I feel like I got hit by a tractor after my workout tonight?
Screen for members of The PPT here
Here’s what I got:
XONE looks fully ready to be kicked sideways down the stairs
Then there’s these:
SPLK, P, CIT, EGAN, RENT, ANGI, RAD
I’ll be taking a a deeper look into their businesses and fundamentals, but first, here’s the charts.
Timber!
After getting home from a delicious meal with @marc_david today, I was greeted by the TSLA news, and I don’t really know what to say about that. I don’t think it’s all that bad, or all that great, so I must ponder it some more. Today was big bench day, so I had to get my mind right.
The lady picked me up, and I was determined to get at least 440lbs. I still do not have a spotter, or training and partner, and today I found out that I am going to need one. I may also need to buy my own bench, or something. The geniuses at 24 decided to anchor all the benches in the rubber protecting the floor. Thus, when a “big boss,” uses some leg drive, or even just has a violent rep or too, the benches rip out of the ground. Not even close to being somewhat safe.
This is pure idiocy, but you have to understand this is San Francisco, were dudes come to the gym in all their designer workout gear, to stare at chicks in tight spandex, or other dudes. Thus, why would they care if there’s only two guys in the entire gym that handle over 250lbs? They don’t. So now I am left with only the Smith Machine, that I have to strap Velcro around the “stops,” otherwise they fall.
There’s no other feasible gyms, almost all the other ones are part of a chain called “Crunch,” no thanks. Trying to work with what you have can only go so far, when you have no spotter, and you only have a Smith Machine that sticks on the right side going up. I got– in just plate weight –410 lbs for 3 by myself, then moved up 40 lbs to 450 lbs– 5 x 45 lb plates on each side. I psyched myself out a little bit, and I think I got a little scared, but if you had that much weight hanging over you with no help, would you not be too?
I tried to shake it off and handle it myself, but as I un-racked it and started lowering it, halfway down I pushed it back up, it just wasn’t worth it. I was pretty disgusted with myself, but how disgusted would I have been if I hurt myself? After taking one plate off per side, I swapped them each with 35’s, effectively making the plate weight 430 lbs, with my buddy spotting me I did this for 5 reps.
The biggest thing wasn’t the help, it was being able to focus on all the fundamentals of the lift– getting, and staying, dialed in. My buddy was actually impressed, and had recently given me hell for using the Smith. I’m afraid I have reached the point that I will have to start the search for a spotter. A necessity, it seems, just like making magnificent returns in the Stocked Market.
Which reminds me, I am working on some new picks. Are you ready?
What are you not doing in the #12631 right now? A trading room, where some of the greatest minds come together in order to “bank coin.” RC and Chess, are like all-pro linebackers, and the market is the offense. They read the QB, the RB, and find which gaps they are trying to shoot through. Sure, you can go it alone, but you’ll probably end up getting blindsided by the Tackle and end up on your face.
What are you waiting for? Go check out the #12631 right now.
Also, keep an eye on a few of my picks from earlier, here, and in case you missed it, I dropped part 5 of my “Invasion Series” late last night, here.
I’ve got to run and go meet Marc for lunch downtown, it is true, I will be rolling down there and picking him up in a town car, that’s the only way I roll. Muni sucks, there’s no where to park, and most cabs smell like a dead goat covered in vomit– which is without top hat.
Lastly, I have been working my ass off lately, which I enjoy, but I have no less than 6 weddings that I will be attending, or in, from May through September. I’m sorry, but I think weddings are complete and total wastes of time and energy, how ’bout we make money instead of spending it? Especially when the majority of weddings– these days –end in divorce. I blame idiots like the Kardashians, and wish Thor’s lightning would strike them down. I am on the verge of becoming truly great and don’t have time for madness like this.
After calling me three times already, I pick up on the fourth.
“Jesus dude, who died now?”
“No one dude, I just had to tell you that you and [Lady Rhino] were going to be one of the couples that are the head of their table.”
“Dude, please don’t call me again like that, unless it’s actually important.”
“Whatever man, it’s not like you have to go to work.”
That’s when I hung up, I don’t have anytime for bullshit like that, and neither should you. So why are you still reading this then? Get in the #12631 and make some money!
I ran two screens, based on seasonality and 52 week highs, members can see the results here. I ran another with similar criteria, but close to the 20 SMA, members here.
Tickers of interest from the 52wk screen:
ARI, GA, MTGE, BSMX,G, PSE, ROSE, WPZ, GME
(Names may have been redundant)
Tickers of the interest from the 20 day SMA screen:
ULTA, KRC, BRY, CBST, LEA, VIP, CTSH
All charts here
That close lacked “gusto.” It’s as if all the folks on the Street of Wall are already preparing to head to their summer homes, in the Hamptons. We are closely approaching winter in the southern hemisphere, and so to in the market.
Do not let the blinding blizzard scare you. Venture out into the cold, white, darkness, but take with you the right set of tools and patience. I will be using The PPT to setup some new screens looking for pockets of strength, based on historical seasonality, with high accuracy and high returns. Simultaneously, I will be sharpening my ax, looking for the next GILD, STP, NFLX, etc.
I am always open to other’s ideas, please feel free to drop any in the comments section. But, please note, my analysis will focus very little on charts. Just not my style, I’m afraid, though I frequently go to Chess and RC– when I am looking for supreme conviction –with their mastery of technical analysis. Just another benefit of the #12631.
Let me know if you have any input, or want my opinion on an equity. I’ve found that often time the best way for gaining true conviction before started a new position, is to argue with someone who is “smart.”
I will be back with anohter installment of the Invasion Series tomorrow, about the Iraqi town of Ar Rumaitha.
I ran some screens, one thing that came up on all fo them was GILD, my March Madness winner. “Hey y’all look at this!” (AKA, it’s going to $100):
Wanna bet on it, PAL/GUY, Friendo?
Here are some other names to keep on watch;
QCOM (careful with seasonality), MGA, WDC, RGA, SBS (especially), CDNS, CAM (especially),
USB, SWKS, WDC (especially), NVDA, ATVI, ARR, and MON
Charts here
The great and fearless King of The United States has now left my city, a city he sees as his citadel in the west. I now must venture out into the rainy oil covered streets. I have been running around like a headless chicken on PCP all day, and it doesn’t look to stop, I probably won’t be able to go to the gym, and this makes me angry.
Here’s what I did today:
Sold DDD for a 2.13% loss, so that I could…
Short XONE with a cost basis of $31.12
I will, hopefully, be back right after the close
I hate to say it, but look at VIX futures, then compare them to the market index futures. Not looking good. It may not happen, but I will be checking when Europe opens to see what it’s looking like, then updating this. If we do trade down, this is the screen I am looking at to spot potential shorts.
I will almost definitely be initiating a short in XONE tomorrow. I’m sorry, 3D printing is “cool,” but all the hype, without a real demand, and a supply– for that matter –just doesn’t exist. They have been making awesome things with 3D printing, but it’s not replacing forging AR15 lower receivers the old fashioned way anytime soon. There are many things it’s going to be awesome for, but you have to convince the “old guard” first. This thing is up ~19% since it’s IPO at the beginning of March. Time for it to be taught some humility.
Here’s what the screen turned up:
Names of interest: RENT NKTR FR CERS EGAN KRG CQP (<-seriously) CHTR VIPS ANGI (<-seriously)
Charts for the “names of interest” here
[EDIT: I’m going to bed, finally, but I think we trade down in the morning}
LULU just announced that Chief Product Officer Sheree Waterson would be leaving, she has been with the company since 2008. IN that time the company has surged with growth, but has been shaky as of late. It seems as though Ms. Waterson was given here walking papers from reading the press release. I take this to be bearish, as the landscape is changing quickly, with many new competitors. Who they choose to replace her could cause a move in the name, but time will only tell.
They also released another statement regarding the recent “sheer” black Luon saga, and the forward looking statements on the company. It seems like they are pulling a bit of an AAPL, they just thought people would want to buy their products forever, with little change. “The Rhino,” does not agree.
VANCOUVER, British Columbia–(BUSINESS WIRE)–
lululemon athletica inc. (LULU) (LLL.TO) today provided an update on its black luon production issues.
After an evaluation of lululemon’s previously disclosed black luon production issues, the company concluded that the current specification and testing protocols for the signature fabric luon that were developed in 2006 have not materially changed. However, production of luon is a complex process with a number of different inputs, and fabric is the key factor. While the fabric involved may have met testing standards, it was on the low end of lululemon’s tolerance scale and we have found that our testing protocols were incomplete for some of the variables in fabric characteristics. When combined with subtle style changes in pattern, the resulting end product had an unacceptable level of sheerness.
lululemon had taken steps prior to the black luon issue to bolster its internal product expertise, including the addition of senior level capabilities in quality, raw materials and production. This new team was instrumental in determining the root cause of the issue and has initiated three work streams to address what we believe are the contributing causes.
Work streams and actions include:
1. Testing & processes: lululemon’s quality team is assessing all luon products in the production pipeline according to newly implemented rigorous testing and quality processes that includes revised specifications for modulus (stretch), weight and tolerances.
2. Factory oversight: lululemon employees have been stationed in factories to monitor and test products and will educate internal teams and manufacturing partners on new testing standards and methodologies.
3. Leadership and structure: lululemon is building a stronger internal structure with new leadership and cross-functional team capability that we believe will create a more robust organization to support our long-term growth strategy.
“Our stand for differentiation is the quality of our product. We have been building capacity in the product organization, and we recognize that continued investment in this segment of the business is required to support our future,” said lululemon CEO Christine Day. “We are committed to continually developing best in class fabrics, and are committed to only putting product in our stores that meets our stringent standards.”
Based on our evaluation to date, there is no change to the company’s first quarter and fiscal 2013 earnings guidance that was provided on March 21st, 2013.
Let us forgo the pain and suffering of war. I propose a way end to end the hostilities with the DPRK, a kickboxing match between Kim Jong Un, and “The Rhino.” He’s supposed to have balls of steel right? How about a winner takes all 3 round match?
You were unaware I was such a humanitarian– I’m sure –but what say you on the matter?
This thing is about to run out of gas, possibly momentarily, put it could continue through the spring, and into the summer. I’m looking for names that are going to fall first, and the fastest. This is just a preliminary screen, and I will be looking through these names more in depth. I’m looking for names near their 52 week high, with poor fundamentals, and poor April seasonality. Did I mention, I feel like I got hit by a tractor after my workout tonight?
Screen for members of The PPT here
Here’s what I got:
XONE looks fully ready to be kicked sideways down the stairs
Then there’s these:
SPLK, P, CIT, EGAN, RENT, ANGI, RAD
I’ll be taking a a deeper look into their businesses and fundamentals, but first, here’s the charts.
Timber!
After getting home from a delicious meal with @marc_david today, I was greeted by the TSLA news, and I don’t really know what to say about that. I don’t think it’s all that bad, or all that great, so I must ponder it some more. Today was big bench day, so I had to get my mind right.
The lady picked me up, and I was determined to get at least 440lbs. I still do not have a spotter, or training and partner, and today I found out that I am going to need one. I may also need to buy my own bench, or something. The geniuses at 24 decided to anchor all the benches in the rubber protecting the floor. Thus, when a “big boss,” uses some leg drive, or even just has a violent rep or too, the benches rip out of the ground. Not even close to being somewhat safe.
This is pure idiocy, but you have to understand this is San Francisco, were dudes come to the gym in all their designer workout gear, to stare at chicks in tight spandex, or other dudes. Thus, why would they care if there’s only two guys in the entire gym that handle over 250lbs? They don’t. So now I am left with only the Smith Machine, that I have to strap Velcro around the “stops,” otherwise they fall.
There’s no other feasible gyms, almost all the other ones are part of a chain called “Crunch,” no thanks. Trying to work with what you have can only go so far, when you have no spotter, and you only have a Smith Machine that sticks on the right side going up. I got– in just plate weight –410 lbs for 3 by myself, then moved up 40 lbs to 450 lbs– 5 x 45 lb plates on each side. I psyched myself out a little bit, and I think I got a little scared, but if you had that much weight hanging over you with no help, would you not be too?
I tried to shake it off and handle it myself, but as I un-racked it and started lowering it, halfway down I pushed it back up, it just wasn’t worth it. I was pretty disgusted with myself, but how disgusted would I have been if I hurt myself? After taking one plate off per side, I swapped them each with 35’s, effectively making the plate weight 430 lbs, with my buddy spotting me I did this for 5 reps.
The biggest thing wasn’t the help, it was being able to focus on all the fundamentals of the lift– getting, and staying, dialed in. My buddy was actually impressed, and had recently given me hell for using the Smith. I’m afraid I have reached the point that I will have to start the search for a spotter. A necessity, it seems, just like making magnificent returns in the Stocked Market.
Which reminds me, I am working on some new picks. Are you ready?
What are you not doing in the #12631 right now? A trading room, where some of the greatest minds come together in order to “bank coin.” RC and Chess, are like all-pro linebackers, and the market is the offense. They read the QB, the RB, and find which gaps they are trying to shoot through. Sure, you can go it alone, but you’ll probably end up getting blindsided by the Tackle and end up on your face.
What are you waiting for? Go check out the #12631 right now.
Also, keep an eye on a few of my picks from earlier, here, and in case you missed it, I dropped part 5 of my “Invasion Series” late last night, here.
I’ve got to run and go meet Marc for lunch downtown, it is true, I will be rolling down there and picking him up in a town car, that’s the only way I roll. Muni sucks, there’s no where to park, and most cabs smell like a dead goat covered in vomit– which is without top hat.
Lastly, I have been working my ass off lately, which I enjoy, but I have no less than 6 weddings that I will be attending, or in, from May through September. I’m sorry, but I think weddings are complete and total wastes of time and energy, how ’bout we make money instead of spending it? Especially when the majority of weddings– these days –end in divorce. I blame idiots like the Kardashians, and wish Thor’s lightning would strike them down. I am on the verge of becoming truly great and don’t have time for madness like this.
After calling me three times already, I pick up on the fourth.
“Jesus dude, who died now?”
“No one dude, I just had to tell you that you and [Lady Rhino] were going to be one of the couples that are the head of their table.”
“Dude, please don’t call me again like that, unless it’s actually important.”
“Whatever man, it’s not like you have to go to work.”
That’s when I hung up, I don’t have anytime for bullshit like that, and neither should you. So why are you still reading this then? Get in the #12631 and make some money!
I ran two screens, based on seasonality and 52 week highs, members can see the results here. I ran another with similar criteria, but close to the 20 SMA, members here.
Tickers of interest from the 52wk screen:
ARI, GA, MTGE, BSMX,G, PSE, ROSE, WPZ, GME
(Names may have been redundant)
Tickers of the interest from the 20 day SMA screen:
ULTA, KRC, BRY, CBST, LEA, VIP, CTSH
All charts here
That close lacked “gusto.” It’s as if all the folks on the Street of Wall are already preparing to head to their summer homes, in the Hamptons. We are closely approaching winter in the southern hemisphere, and so to in the market.
Do not let the blinding blizzard scare you. Venture out into the cold, white, darkness, but take with you the right set of tools and patience. I will be using The PPT to setup some new screens looking for pockets of strength, based on historical seasonality, with high accuracy and high returns. Simultaneously, I will be sharpening my ax, looking for the next GILD, STP, NFLX, etc.
I am always open to other’s ideas, please feel free to drop any in the comments section. But, please note, my analysis will focus very little on charts. Just not my style, I’m afraid, though I frequently go to Chess and RC– when I am looking for supreme conviction –with their mastery of technical analysis. Just another benefit of the #12631.
Let me know if you have any input, or want my opinion on an equity. I’ve found that often time the best way for gaining true conviction before started a new position, is to argue with someone who is “smart.”
I will be back with anohter installment of the Invasion Series tomorrow, about the Iraqi town of Ar Rumaitha.
I ran some screens, one thing that came up on all fo them was GILD, my March Madness winner. “Hey y’all look at this!” (AKA, it’s going to $100):
Wanna bet on it, PAL/GUY, Friendo?
Here are some other names to keep on watch;
QCOM (careful with seasonality), MGA, WDC, RGA, SBS (especially), CDNS, CAM (especially),
USB, SWKS, WDC (especially), NVDA, ATVI, ARR, and MON
Charts here
