Donald J. Trump may not be a great person, but it is hard to make him sound any less appealing than the following If you give into terrorist garbage the terrorists do not suddenly become decent human beings. There is no end to the “social” justice inversion of reality until outcomes are (more than) equalized …
Category Archives: Themes
Trillion Dollar Tweets, Again
It makes sense for the stock market to be on fire today. The US president recently taunted Russia over an accident with a failed nuclear weapon China is amassing troops near the Hong Kong border & there was violence at the Hong Kong airport. Argentina’s stock market lost 48% of its value in USD terms …
Trillion Dollar Tweets, Again
For over a year now, every time the market says “oh trade war, things are going to fall apart” has been a buying opportunity, whereas every time there’s a Trump tweet with some blindingly optimistic prose like “Xi is a great friend, he is fantastic beautiful man, trade deal all but signed” it is a …
The Cloud
A couple weeks ago Google acquired data analytics company Looker for $2.6 billion. Google acquired YouTube back in 2006 for $1.65 billion. Core internet services seem bargain bin relative to the valuations of anything with a bit of cloud pixie dust poured upon it. Salesforce paid about 40x projected forward revenues when they acquired Tableau …
Trillion Dollar Tweets, Continued
There is no point going through all the dirty aspects of politics to gain a position of power unless you intend to use it. Some have believed Trump to be a slave to the stock market, but in rapid succession he… raise tariffs on Chinese imports announce escalating tariffs on Mexican imports until illegal immigration …
Roku, Zillow & Uber
Roku smashed their quarterly numbers, which led to a big pop at open yesterday & the stock was up over 25% on the day. They are winning on top of winning, with revenue per user up, users up, and users using their service more and more. Zillow reported quarterly numbers which beat expectations & have …
Long ROKU
I just bought a bit of ROKU today after multiple downgrades knocked the stock from above $70 to under $57 over the past couple weeks. Roku opened up yesterday with the broader market, but as Netflix fell on news of a low priced competitor from Disney competitor to launch in November it pulled Roku down …
DIS Up Big on Disney+
Disney had a big 10% pop today after they promoted aggressive pricing ($6.99 a month or $69 a year) on their Disney+ streaming service and made it clear they were all-in on launching a successful streaming service. Disney has given producers approval to make a big-ticket “Star Wars” spinoff series that will bypass theaters and …
Trade War, Part 2
Yesterday President Trump tweeted mad hate against Europe, promising tariffs. The European economy is structurally weak & they can’t afford to exit negative rates & quantitative easing. Across Europe German manufacturers are already calling the shots trying to minimize the fall out from Brexit. Now would be an inopportune time for curtailing the export-led engine …
Retail Fail
Kroger’s quarter bombed on lower sales, lower guidance, and lower profits. A triple lindy trifecta of pure winning. I traded the dead cat bounce on it for a quick gain. Shares were down about 12.8% when I bought & around 10% when I sold. “Its shares slid 11.6 percent in morning trade after it also …