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From their Website
"because your stock went uppity on a down day. Walley just learned the reason why: INTC did a HUGE share buyback today. I guess it's like this, say Yinz take $100,000 outta yer checking account and put it into your savings account. I doubt any of Yinz would think yer richer, right?
marco the genius : - ) INTC can't keep buying shares forever, so, we wait, like the lion for the Zebra drinking at the water hole. It's all over but the blood and guts."
[Intel has moved from 19.23 to 31.26 (a gain of 63 percent) over the last 17 months while we have listened to you put up daily suggestions that the stock price would plummet and the company would descend into chaos. At the same time we have watched you post up an equal number of excuses for being wrong on a daily basis. Today is no exception. And yet here you are again with another lame excuse. The only blood and guts we see, Lucy, is yours spread over the last 17 months. There are people with moderate learning curves and people with bad learning curves and people with atrocious learning curves and then there is you. The only question at this point, is why are you still here? The only two possible answers are:
1.) You're getting paid by the post by some outfit with more money than brains.
2.) You really can't fix stupid.
Help us out and tell us which one it is. ]
Intel up 37 cents, ARM down 1.08.
And this is how it's going to be in volatile times as Intel appears to be the safe haven. If things don't calm down with earnings, Humpty is likely to drop back below 40.
"and no new highs either. This shows a lot of weakness."
[Intel ends the day 7 cents off the high and 80 cents off the low of the day. This is how much Lucy has to try to distort reality on a day where he clearly looked like the biggest idiot on the message boards. And that's quite a feat of distinction.
Well, he was prolly drunk when he said it. Either from the euphoria of the early action or the horror (for him) of the later recovery. Woo Hoo, Lucy. Who's your daddy?]
"Did write somewhere it looked like an inverse h/s. Looks like it could be playing out."
[You see a different pattern every 15 minutes. You must be a hoot watching clouds or with Rorschach tests.
If you can't find a better short candidate than Micron in this market, then you must not have more than three functional brain cells. ]
"Isn't today the day bataglia said the market would drop. I remember him saying he saw a dead economy and a piper to pay. I don't think low interest rates really matters. The FED will not be able to hold the market up much longer."
[And yet Micron has moved $1.17 off of its low of the day and into the green. ]
Asus had announced the ZenFone series at CES earlier this year. Now the company has launched these smartphones in India as well. Currently they are offering ZenFone 4, ZenFone 5 and ZenFone 6 in India.
All these phones are competitively priced and available exclusively through Flipkart. We managed to spend some time with the ZenFone 5 and here is what we think about it.
What is it?
A 5-inch Android smartphone from Asus, which is available at Rs. 9,999 (for 8GB variant).
Who is it for?
Asus ZenFone 5 is a smartphone targeted for people who are looking a bang for their bucks. For them, it is important to have a smartphone that does not just look good but even performs to the optimum.
From Gizmodo India
"will leave the newbies holding the bag...AGAIN"
[The stock is 68 cents off the low of the day, Lucy. And here you are still repetitively posting your daily mantra. Pretty sure Jimbo is going to want to talk to you about how you blew today's big advantage.
Looks like you gots more 'splaining to do, Lucy. ]
"Its been almost 3 years since the last increase. Give the $$ back to us shareholders!"
[LOL, Lucy gets out of the fetal position to post as backbay_bstn about ancient issues. You got worked today, Lucy. Hahahahahaha. You got totally worked. ]
"Yeah portugal problem signalling global credit contraction is accelerating and now showing up on bank balance sheets. Leaks are sprouting even with record low interest rates. Crash is definitely coming this year. People should pay attention. This volatility is not normal in the stock markets. Huge swings up or down is signalling a crisis. The stock market is a fraud and it will pop. Just a matter of time at this point and I believe the end game is coming very very soon."
[And yet today is solid evidence that the bulls are not going to roll over easily or maybe at all. There are several things wrong with your conclusions:
1.) The second half of the year looks pretty good with a majority of analysts predicting double digit earnings growth. Hardly the kind of sentiment to feed a crash.
2.) Expectations for this earnings season are rock bottom. If companies get over this very low bar then markets will move up.
3.) The economic news continues to be pretty good with jobs and housing and consumer spending. You don't really see any of the kind of reports to support a decline, much less a crash. Portugal is not going to get your crash going. It's going to take a lot more and Europe has already weathered a much tougher crisis and come through the other side.
You say we are having huge swings up and down but this is simply not true. We are having moderate swings - even with the financial press going absolutely bonkers in crying, screaming and wailing for a correction.
As far as the correction goes?
Just say no.]
Charming spot. (He turns, advances to front, halts facing auditorium.) Inspiring prospects. (He turns to Vladimir.) Let's go.
We're waiting for Godot.
(despairingly). Ah! (Pause.) You're sure it was here?
“The declining trend in claims is very encouraging, and is further evidence that the strong payrolls number we saw for June is not a fluke,” said Ryan Sweet, senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania, and the most accurate forecaster of jobless claims in the past two years, according to data compiled by Bloomberg. “The labor market is gaining momentum. This is consistent with strong gains in consumer spending.”
Not so much. Nasdaq was down 60+ but now is down under 40. So, it looks like crazy is wearing off already.
Well, it should be hard to beat the market down on a good jobs report day.
The strong Korean won and weak yen and dollar have lead to improved relative cost for Micron.
DRAM is a low cost part, making it an attractive technology to adapt for new products.
Going forward, Micron will continue to surprise with high profits from low costs during a time of soaring prices.
From Jaret Wilson at Seeking Alpha