Back to "Superdebt Superbubble Normal". Where was the bubbleupgrade 60 points ago?
XOM is a Dow stock and is therefore protected by the Federal Reserve to ensure that the blue chips always go up. Ensuring that the Fed's blue chips, especially the Dow, always goes up ensures that the Fed's TBTF bank owner parasites can continue to suck the lifeblood out of the Fed's stock market, making their huge bonuses and fulfilling their mission of sucking the middle class savers and those on fixed incomes completely dry.
The Fed will never let this happen. The Fed needs to prop up AAPL to maintain its stock market. The Fed needs to maintain its stock market because its owners, the TBTF banks, are the parasites that feed off its host, the stock market.
Thanks to Hanky-Panky Paulson's "Wells Ruling", it will take JPM years to catch up, if ever. Now that Yellen is the TBTF banks' sock puppet, Wells looks to be the heavy favorite of the TBTFs for several more years.
Sell AAPL, go into full margin, and buy the Bernanke TBTF Bank tracker ETF, FAS. It has DOUBLED AAPL's meteoric rise since QE3 started and will double AAPL's meteoric rise over the next 2 years, and every 2 years forever.
It just doesn't get any better than this (with absolutely no end in sight).
Should be in the 80s tomorrow, 90s by Wednesday. No stock is safe from the Bernanke Superdebt Superbubble Short Squeeze Machines!
Nothing to this market. The Fed will protect you while it is protecting its TBTF banks.
WS is using free Fed money to buy US Superbubble stocks.
Losses don't count when they become one-time "Items" in the New Accounting Paradigm. Big Data, Cloud, the Internet of Things are all short squeeze meat for the real New, New Thing; New Paradigm Accounting, where all costs are now redefined as one-time "Items". TSLA has been losing money every quarter, even with massive government subsidies and staggering carbon transfer credits from the other automakers, but "Items" jack its "Non-GAAP" numbers into the stratosphere. Nothing matters in the Bernanke Superdebt Superbubble except Printing, Euroswaps, and endless ZIRP. These companies don't want great engineers, software programmers, or scientists...just one mediocre accountant who can change a T-account to reclassify costs as "Items" is much, much more valuable than the whole lot of them.
Only in the Bernanke Superdebt Superbubble is this *Huge*. What is *Huge* is its preposterous valuation...as well as all of the Bernanke bubblestocks.
Who cares? Who's going to do anything about it? Not any 'regulator'. They're all too busy protecting their Wall Street masters.
Why not buy a machine and reverse-engineer it? Isn't this what the Big companies do as a matter of routine? This is what makes them so big. Pirates of Silicon Valley, only much, much larger.
Take out TSLA's Carbon Credits and it's a $5 stock. It's all how you package the product.
Earnings mean nothing. Only ZIRP and Euroswaps matter. Cramer should just shorten his program to 30 seconds and talk about the Fed and what the Rothschilds banks are rumored to be telling it to do.
down, down, down in US. Up, up, up in Taiwan. Strange disconnect. (Note to person asking about BRK...it's Berkshire (class A or class B).