With qe in us coming to an end in october, chinese weakness is just perfect for markets. how can we not fly higher to all time highs? this is so brainless!!!
So simple, now that china slowdown is off the table (nothing too severe), us will just rally some more. that's all that we do, push stocks till some resistance comes in. it's really brainless thinking pushing the buy button these days, isn't it? i am so freaking long going into tomorrow!! hopefully, bullard will come out again in the morning and tell us all about how he is going to mandate more qe for the us, and negate fischer's tall tails about qe going away this month.
WHAT'S THERE TO FEAR ABOUT OWNING STOCKS TODAY? FED OFFICIALS JUST KEEP TALKING IT BACK UP. ANY PULLBACK WILL JUST FIND BULLARD OR FISCHER OR ANOTHER FED MEMBER COMING OUT AND PROCLAIMING THAT MORE QE CAN COME ANY TIME THEY WANT. THEY ARE SO SCARED OF LOOKING STUPID W/QE AND IT'S INABILITY TO CREATE QUALITY JOBS, THAT THE ONLY CHIP THEY HAVE LEFT TO HOLD UP AS PROOF THE QE WAS A SUCCESS IS THE STOCK MARKET AND THE BILLIONS IT CREATED FOR THE 1% OF THE WEALTHIEST AMERICANS. It's reall nothing to be proud of. Why our gov. hasn't launched several sin tax innitiatives like added lottery tax, liquor tax, hotel tax, luxury goods tax, etc... is beyond me. This is what is worng with the Unite States. The U.S. gov. is made up of rich government officials, so it's no surprise that they only create innitiatives that benefit them. Totally self-service government. It's pathetic!
By morning, Wall Street will spin the Chinese Flat data into the "GOLDILOCKS CHINESE NUMBERS", so I have just been buying and buying more. YOU CAN'T LOSE IN STOCKS TODAY, JUST BUY BUY BUY! ECONOMIC DATA NO LONGER MEANS SQUAT!!! IN US, IN CHINA, ANYWHERE AROUND THE WORLD. AS LONG AS COMPANIES KEEP SPINNING A HOPEFUL PICTURE FOR STOCKS AND KEEP BUYING BACK STOCK TO BEAT ON BOTTOM LINE, I JUST KEEP BUYING MORE STOCK. Move over rich folk, I'm getten my share of this bull taco.
Now we have the fabulous flat Chinese GDP number, we can all be scared that we are flat
CHINESE WILL MIRACULOUSLY PRINT A SURPRISING BEAT ON GDP, ALL WILL BE FASCINATED AND BUY BUY BUY!!! That's why I bought 10, 000 shares of FXI just before the close. The Chinese have a history of pushing the pencil come economic reporting time. This time will be no different. They're trying to buy time before that actually "HAVE TO DO SOMETHING TO STIMULATE GROWTH". Just watch and learn my friends.
MCHP GUIDES DOWN, IBM BLOWS IT, CMG GIVES POOR SALES GUIDANCE ... SO JUST BUY !!!! IT'S ALL GOOD! The lure of fed easy money, it's irrisistable : )))) Don't worry the fed no longer has your back either. That's why I'm a buyer on hope alone. I hope the fed some day becomes supportive of stocks all over again.
"OFF THE CHARTS" AND "BULLISH ON IPADS" ... WHAT WOULD YOU SAY IF YOU WERE CEO? IT'S A DOG OF A QTR?
Apple needs europ and china, it can't just rely on us for growth anymore. and, china and europ just left the room.
Where did the "cool" go in apple? a: it left when icahn bought the stock, because that was the only way to prop the stock, with an activist investor. you know a stock is dead when it requires "activist investors" and "chasers of activist investors" to move the needle.
I value apple at $35 w/ p/e of 5, no higher. it's righ down their with skull candy in terms of innovation. if steve could come back, that's the only way i would feel differently. overstay your welcome in apple stock and you will join icahn and netflix in terms of disasters. apple will be the next icahn downer, just watch and learn my friends.
Apple's turning into a kitchen sink company along w/google...no innovation so just kitchen sink it. apple had better move it on finding something other any plastic encased screens or they will be a 5 p/e stock real soon.
Applepay is evidence apple has run out of growth drivers for company, they're begging for innovation, unfortunately they have none.
A perfect breadcrumb of guidance by the spinner, T.C. And, why would he say anything but "things are great". Then turning in a so so Q3, on product canibalization.
Apple is disappointing, more hype than anything, this could be a problem tomorrow. all talk no earnings by apple. just way under what they should have posted. what's wrong with this company?
Cmg is a poc! what anyone sees in their food is beyond me, just a hangout for underpaid workers who can't afford qulaity food in any quantity.
After all the hype from tim cook about the greatest lineup of products ever, like apple is going to miss, right? so expect a nice big beat and lots of excitement about q4. then we can take the rest of the year off.
Watch reaction to the imaginary gdp number this evening. If the market believes it, we rally. If we don't believe it, we go down. Copper is already flagging a no go.