SUB-subscriber growth, and OFF-THE-LOWS of coarse.
growth, negative comps, and the WORST QUARTER in the companies history ... oh, an OFF-the-LOWS too.
Every night, just say a little prayer that we never ever see even a sliver of economic recovery, that all earnings remain manipulated, that the Federal Reserve continues the greatest monetary accommodation in its history, that everything that fails remains a strong buy, that the largest number of middle class consumers continue struggling every day of their lives, that every economic data point reported remains entirely under the control of the Federal Reserve's exclusive opinion, that no crime on Wall Street is ever truly enforced, that the rich grow richer, that the poor suffer more, that whatever remains of a middle class society continues to diminish, that oil producing countries thrive beyond their wildest expectations rising to greater power and easily fund the most significant terror threats known to America. That the entire European economic theater falls into a deeper recession, displacing millions and drive the Continent into an even greater financial malaise. That the Bank of Japan controls the entire Nikkei rather than just 52%, that China has the greatest hard-landing since WWII, and the majority of its population return to the Rail Road era of industrial servitude. That North Korea does attack South Korea and nothing whatsoever is done to counter the aggression. That the U.S. Dollar becomes essentially worthless, that inflation soars globally, that industrial production becomes non-existent, that civil unrest dominates the nightly news with riots in virtually every major city on the planet. That the majority of America's population are undocumented aliens, and that the language in Florida and ever state across the southern border of the U.S. becomes Spanish. That the entire population of America's children become indebted to the national debt beyond any possible ability to pay, and that everything that has been considered horrible for the last 80 years never fades whatsoever, becomes far worst, and of course, that the stock market soars 10,000 points!
NOTHING IS IMPORTANT to this market, period.
What is that, from $60's to $15's in 44 or 45 days?
Bump for visual reminder, you know, for the slow readers here.
Update, make that over 100% now.
From the network that calls airlines, train, earthquake, war, and four quarters of negative grow market positive, it's DOH SHMO-HA DAY. Featuring everyone's favorite cokehead Kudlow, which will list 800 reasons why higher oil and gas prices are good for the stock market!!!
Makes sense, but though I'd make that post since so many here are wearing them right now.
I'd say it depends upon how Europe closes this week. Japan not so important since they are getting ready to send everyone in the country a stimulus check, and add more ETF's to the BOJ's holdings which currently represent 52% of all ETF's on the Nikkei.
One for the record books.
Position appropriately with that FACT always in mind. News is irrelevant, facts meaningless.