Friday, October 24, 2014
Thursday, October 23, 2014
Jim Chanos has been trumpeting his short on Caterpillar for a year. Blah blah blah. And for more than a year, we have been hearing that mining is in a slowdown, blah, blah, blah; and that China is in a slowdown, blah, blah, blah, and that CAT will make just $3.50 a year, blah, blah, blah, and that North America is just 15% of CAT's business, blah, blah, blah.
Now Chanos (yes I know it rhymes with Uranus) is founder of Kynikos Associates. And he chose the name because kynikos as it is the Greek term for cynic.
Today CAT reported blowout earnings. The stock was up 5 to 100. A cynical sort, could say that Chanos was missing his gnosis on CAT!
Meanwhile, CAT, bought back $4.5 billion in stock, and indicated that they would earn $6 this year, over 70% above Mr. Cynic's estimates!
And the stock goes higher!
While Chanos' short P&L goes lower!
Posted by Palmoni at 6:31 PM
Oh really? Once again, boastfulness disguised as brilliance. Where else, but on Wall Street, do you get called "a god" for that prediction?
Meanwhile, just 7 (Seven) yes--just 7 days ago, Wall Street Manna says "Buy em!"
Bond God? Really? Mr. Doubleline, is just doublespeak!
But why bring up this nonsense??
Because Gundlach just came out and said that "Oil will tumble to $70!"
Oil will tumble to $70 says new 'bond king'
That's just stupid!
Oil has already corrected--Gas isn't getting any cheaper.
He was wrong on stocks and he'll be wrong on crude.
We just got crude election weakness!
Posted by Palmoni at 1:50 PM
Wednesday, October 22, 2014
Twitter came out with a new gimmick to show where NFL fans live. But really, what this does is to show marketers and advertisers that Twitter has data that they can sell!!
But speaking of the NFL, did anybody see that Roger Goodell has to testify on the Ray Rice elevator show on November 5 and 6?
@nflcommish ain't no fun when the rabbit got the gun huh?
Last earnings, the stock gapped up 8 to 51, and then eventually sold off to 43 before rallying to 55; and then selling off to 46 last week--bouncing six points to 52 and now back to 49.
The stock should trade to 55 after earnings--And the call options are so rich--so why would the stock go down from here?
Heck call Carl Ichan--He'll tell you its a "no-brainer!"
Think about it--ISIS or ISIL or whatever you want to call them--supposedly gave death threats to the Twits who run Twitter because they were removing their tweets. And of course, the San Fransico drama boys at Twitter made much ado about nothing. ISIS can't even cross the border into Texas--So what makes someone think they can get to San Francisco. Are they going swimming?
And doesn't anybody think tthat ISIS reads theBrigade? You had over 90 pictures hot chicks dispersed with bombs dropping on ISIS and not a peep from ISIS. So they are going to San Fransico! Yeah--right!
Anyway, the link below will give you some real high resolution pics of some ISIS bombings and broads.
Well you get the idea. OK--let's be honest. Twitter, is such a great platform, that even the Twitter twits that run it--can't destroy it! Heck, even Wall Street tried to get in on that game and pretend that they were going destroy it when the stock was down to 30.
So why would you sell it here?
But you need a reason to buy beside football season? Well how about the larger iPhone?
I hated using Apple's dinky screen, but I didn't want to switch phones. But I just recieved this email.
Great news, your iPhone is on the way. Please review this email for important information to set up your phone quickly and easily.
So I'm getting the larger screen now.
Doesn't anybody think that the larger iPhones will will cause Twitter users to tweet more?
Or is that just too obvious for Wall Street's twits!
Posted by Palmoni at 10:43 PM
Besides being disgusted with Obama, as Dominic Adesanya's Instagram account shows, he can alo run fast---- 11.5 100 meters, 23.5 200 meters, and he can kick a K9 dog pretty well also. And now he'll get another 25,000 views, and the support of Fox news--lol!
Posted by Palmoni at 10:17 PM