Tuesday, April 26, 2011

Earnings Ooops LIVE

Everyone knows Amazon and even Broadcom were going to have splendid earnings. Because that's what was instructed.

Missing by 50%-100%? No big deal. All explained by the investment in the future and the quick changes in the captions.

Pre-announcements? None needed. Everyone already knew. Except for the idiots who bought the stock.

It all has to do with making a ton of money next quarter (oh, except for the lower guidance.)

Just an investment and has nothing to do with COG with the weakest dollar in world history. Of course, everyone makes goods in the US and no one manufactures in Asia, anybody knows that!

Everyone knows a weak dollar is good for equities. Even Benny understands! Do you?