Odds Are Stacked Against Equity Investors

Authored by 720Global.com's Michael Lebowitz, via RealInvestmentAdvice.com,
Authored by 720Global.com's Michael Lebowitz, via RealInvestmentAdvice.com,
As we previewed yesterday, perhaps more so that the longs it was the company's near record shorts who were expecting today's earnings release to see if their bearish bets on the company will pan out. And while the stock slid all day, losing 4% in regular hours after Jim Chanos announced he was short the car maket, the stock now appears to be jumping in the after hours session having just reported its Q1 results which were as follows:
By EconMatters
Some impressive internals for this report are blunted because of OPEC supply finding its way to the United States. The drop in US Oil Production was noteworthy in this report.
But but but Tim Cook said AAPL was "optimistic" about China!!!
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
Is there anyone on the planet who's actually stupid enough to believe these New Normal charts are healthy and sustainable?