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Wednesday, January 28, 2015

Don't be fooled by illusions

Hi readers

Well so much to look and and where to start first.

First of all NFLX.
Such a cocky CEO and to think that price rises won't affect the company.... Think again sport!
Pluto is on her way and your company is in the firing line..
Yes people I couldn't resist I did short the stock at $450.10. For a trade.

Second APPL
The devil is in the detail people.
 The latest product isn't taking off as was expected.
iPad air and the mini is way below what they thought.
Yes sales of iPhones did well but, when you take out the China sales they where a flop.
Anyway I see it as justification for the current price but what's next.
Watches really?
I went out to the shops on the weekend and sat and counted how many people had watches.
If Mr Cook is pinning his hopes on watches his in for a rude awakening.
Retail got excited of the profit result and bought at any cost, which is great for them.
The one thing Apple has is that dam war chest, anyone shorting the stock is stupid.
You can't afford to when a company has that much fat sitting wait to be put to use.

Third FB
Wonderful result a 49% lift in profits.
Are you serious, this is a company with a so called 1.7 billion uses and it only increased it sales by double digit..
Good chance I might have to lower my target.

In regards to the market take note who is reporting good numbers and thinks the world is there oyster.
There the ones that are going to receive the reality check.
This Mercury retrograde will be unforgiving soon.

Question is with the results that are in so far do they justify a 2000 S&P.

Also please don't chase trades out there wait for them to come to you.
Gold over 1300 was a nice little trade.
The euro with the ECB announcement was another.
Please be patient and let them come to you.

One more thing the ECB stimulars is a complete failure.
It has no substance on what it tends to do and if the Greeks leave the euro then watch Italy and Spain to follow suit.

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