Friday, January 05, 2007
Das EFX: They Want EFX
As for today's trading:
It was a typical bull trap. The first sign of market weakness and all of a sudden it's 1929-- without JP Morgan to bail us out. Please.
Aside from oil, internet stocks rallied, with outsized gains in DIET, MAMA, YHOO and WEBX.
Finally, I am still bullish and look forward to making some serious coin in MVIS, early next week.
Fly Buy: MVIS
Disclaimer: If you buy MVIS because of this post, crazy people may protest KFC in front of your house. And, you may lose money.
Position Updates: HANS
However, I have not consumed any Monster Energy Soda or Khaos today. Instead, I have been guzzling some blue collar Dunkin' Donuts coffee. I know, Dunkin' Donuts is for fucktarded losers, who enjoy ordering extra jelly donuts with fucking skim milk coffee. Dicks.
Quick Alert: Chinese Stocks Crashing Through the Floor Boards
Now, every fucktard with a suit, tie and series 7 is shorting the Chinese sector.
They are not ready to sink, yet. This 2 day dip has created an ideal buying opportunity for those who have little regard for money-- but place a high premium on river boat gambling.
If I were to get on that fucking boat, which I will not, I'd buy LFC, CHU, ZNH and CBA for a diceroll trade.
However, if I did that, I would first commit myself to the local mental ward with the highest inventory of Monster Energy Soda.
Sector Spotlight: Nothing
Plus, MOT has managed to completely fuck themselves, along with the entire Semiconductor sector-- with their lackluster business strategy.
Despite my Ned Riley type bullishness as of late, the market is probably due for a minor pullback.
As for today's trading:
So far, with the exception of MVIS, nothing is working. I am getting Kentucky fried on BWLD today and HANS is running out of steam. Apparently, the fuckers from "Longbow" have no pull on Wall Street.
Bottom line: I am watching this dip very carefully and will, on a drop of a hat, throw heavy objects or pizza at my servant/trader, in order to buy the dip.
NOTE: I think selling MVIS here is foolish. Keep holding and wait for the payoff. You will know when it comes.
Position Updates: HANS
08:57 Longbow's Top Picks for 2007 are Hansen Natural (HANS) Crown Holdings (CCK) and Ball (BLL) on the long side and Cott (COT) on the short side
Thursday, January 04, 2007
Gia: Despina Vandi
My assets were up 5% today, thanks in large part to MVIS and MVISW. I know this may sound crazy, but my long term price target is $11. Basically, if everything goes according to plan, MVIS will be a disruptive force in the cellphone industry. Furthermore, I suspect many cellphone manufacturers will be knocking on their door-- sometime very soon.
As for today's trading:
As oil gets fucking raped, everything else (especially Airliners), are ripping higher. Internet and Semiconductor stocks moved higher today-- with outsized gains in OSTK, EBAY, MAMA and LRCX.
Gold continues to suck wind. Within the sector, I like GROW as a short. I feel the stock is heading straight to $40.
Bottom line: I will continue to position heavily in MVIS, HANS, BWLD and another stock-- soon to be revealed. And, I have to go consume large quantities of Johnny Walker Blue.
See you tomorrow.
Late Day Thought
Sector Spotlight: Semiconductors
Basically, the dip buyers are out and about-- buying everything in sight. I suspect the market will close comfortably in the green. However, I am short term bearish on commodity related stocks, especially gold. I feel stocks like GROW are way overvalued and will become subject to a swift poleaxing-- near term.
Also, I really like the action in RIMM and SNDK. With RIMM, I know many of you internet guru's keep scratching your heads, wondering why RIMM keeps going up. I'll let you in on a little secret: It's because big money knows little money is betting against it. Right now, forcing the weak handed shorts to cover RIMM is very easy. I suspect RIMM will walk up another 25 points, before any real sellers hit the bid.
With SNDK, I think all of the bad news is baked in and it found a bottom. If I didn't hate that fucking stock with all of my life force, I'd buy it for a trade.
Finally, I like the action in DNA. The stock has been a big time laggard and is due for a little walk up.
Position Updates: MVIS
REDMOND, Wash.--(BUSINESS WIRE)--Microvision, the global leader in light scanning technologies for display and imaging products, announced today that it will unveil and demonstrate during the Consumer Electronics Show in Las Vegas an ultra-thin, miniature full-color projection display that is small enough to be embedded in portable hand-held devices including mobile phones. The miniature projection display prototype, based on Microvision's proprietary Integrated Photonics Module (IPM), has been developed in collaboration with one of the Company's high volume manufacturing partners to position Microvision to deliver mobile users worldwide a large screen viewing experience inside a thin and sleek portable package.
"Small, two inch displays that are common to mobile devices such as cell phones are barriers to growth of exciting mobility markets, because they limit the user viewing experience," said Alexander Tokman, President and CEO of Microvision. "Our projection display solution is expected to eliminate this bottleneck, benefiting consumers, mobile operators, content providers, and consumer electronics OEMs. As our display is further optimized for high volume manufacturing, OEMs are expected to create a new generation of mobile devices with powerful projection display capabilities. Content providers should benefit by expanding their portfolio of visually rich content and application services. Mobile operators should benefit from an enhanced user experience by increased adoption of mobile data services such as mobile TV. Consumers should be able to obtain a radically new viewing experience by projecting photos, videos, movies, and TV from personal mobile devices onto virtually any surface for entertaining and sharing with friends and family -- whenever, wherever."
The image produced by Microvision's display is extremely sharp and vivid whether being projected to view an image the size of a laptop screen or further away to view an image the size of a big screen plasma TV. Currently measuring a slim 8 mm this extremely small display package, about the size of a "thin mint" chocolate candy or the generation two iPod® shuffle, has been dramatically miniaturized to 1/10 the size of the company's original prototype shown in June 2006 at the Society for Information Display. The Company and its high volume manufacturing partners will continue to develop this exciting technology into products that are expected to meet very aggressive market requirements for size, power, cost, and performance.
Microvision plans to demonstrate the projection display prototype at private showings for prospective global OEM customers, members of the media and institutional investors during the 2007 Consumer Electronics Show in Las Vegas, January 7 - 11. The company is showcasing how its display could be embedded directly into a device like a mobile phone, as well as be used as a standalone accessory display with a variety of mobile devices.
"This development represents a major milestone in the company's turnaround and growth strategy set in place in 2006," - concluded Tokman. "Our product development team has done an outstanding job and we believe that our customers and partners will be delighted by what we have to show during CES."
Wednesday, January 03, 2007
Black Sheep - The Choice is Yours
So, with that being said, I fucking hate the markets and will pray to the stock God's tonight to punish the sellers with irrational exuberance.
Today's action tells me, no one wants to be long commodities. Oil, Natty, Copper, Gold and Silver got fucking shredded. I suspect the selling will continue all week-- as the retards pile out/pile into Tech.
Within Tech, the Networkers performed best-- with impressive gains in SONS, TLAB and CSCO.
Bottom line: Today was just another "fuck you day." Everyone lost. Nothing decided.
See you tomorrow.
NOTE: MVIS failed $3.30 again. I suspect it will hold $3. If not, I would be an aggressive buyer, below $2.90.
Quick Alert: Trannies Castrate the Bears
How 'bout now, bitch?
I suppose the bears will now say: "Well, the decline in oil is related to the weakening U.S. economy. Therefore, sell everything, burn down your house for the insurance money and move to the mountains of Montana-- because the Great Depression II is coming."
In the meantime, while they wait for these events to transpire, I'll keep throwing eggs at their faces.
UPDATE: Wow. With the markets giving up all of its gains, I have effectively cracked a few eggs over my face. I swear, sometimes I fucking hate the markets.
Back to reality.
Fly Buy: HANS
Disclaimer: If you buy HANS because of this post, you may become the recipient of an absurd amount of static shock. And, you may lose money.
Quick Alert: Chinese Communism on Fire
The following Chinese stocks have mojo:
Sector Spotlight: Retail
As for today's trading:
Well, if you were hoping 2007 would equal the Armageddon for stocks, you will have to wait until tomorrow. Because today, you (short seller) are having your lunch eaten for you.
All sectors, with the exception of Oil, Steel and Homebuilders, are comfortably in the green. The biggest gains are found in the Trannies, Retail and Networking stocks.
Within Retail, I like the action in PSUN, DBRN and ANF.
Which reminds me to ask: Is any retailer hotter than ANF now? I mean, is there any store in America that is doing a better job than ANF?
I think not. ANF goes to $100.
NOTE: The fuckers at Matrix Research (ridiculously corny name) "upgraded" NUAN to a sell from a strong sell. Don't get me started. What the fuck is a strong sell, compared to just a plain, ordinary sell? Really, the boys at Matrix are completely fucktarded on this research call and I hope they get burned on NUAN. By the way, Howard likes NUAN.
The following Retail stocks have mojo:
Tuesday, January 02, 2007
Position Updates: VLO
If you are worried to death over VLO or any other oil stock-- sell it. One way or another, my energy weighting will represent 8-10% of my holdings. So, I am not selling.
My point: I am not a day trader and rarely do I swing trade. Generally, I invest for big moves and try to keep a balanced portfolio-- no matter how inconvenient it may be.
Bottom line: VLO will probably trade lower short term. Prepare to buy more at lower prices or sell now.
NOTE: During my research, I came across LNN. Basically, LNN is a Middle East infrastructure play. They provide irrigation systems. Common sense dictates the fuckers from the Middle East will continue to pour money into their infrastructure. If it passes my final smell test, I will probably start buying the stock Wednesday or Thursday.