Weekend readings and a couple earnings updates

Weekend readings and a couple earnings updates

As the market sits here seemingly churning near the all-time highs, and crawling higher on today’s “blowout” jobs report, I think it’s a prime time to do our poll of who’s more scared right now, the bulls or the bears?

Answer in the comments below or come join the discussion with us at Scutify.com today and let me know if you think the bulls or the bears are more scared right now? If we get an extreme reading of more than 90% bulls or bears, we’ll likely have some short-term trade-able actions to take on that data.

FutureFuel is down nearly $2 today after reporting a blow out quarter. It’s likely worries over new EPA policies and the ability for this company to recognize some of the welfare income it gets from taxpayer subsidies. Regardless, I’m holding my remaining FF steady. No other trades for me today either.

And in the meantime, here’s what every Revolution Investor should be reading this weekend with some Revolution Investing commentary to go with it.

Faber: China may spark a bigger crisis than in 2008 – I’ve met with and interviewed Marc Faber several times over the years and I’m a fan of his political analysis. But I’ve long suggested not locking yourself into either “permabear” nor “permabull” status, as Faber has been calling for another crash pretty much throughout this bubble blowing bull NASDAQ market.

Microsoft Plans to Get Serious About Office Web Apps – You’ve seen me lament Steve Ballmer‘s “skate to where the puck is instead of where it’s going” approach to guiding Microsoft for years now. This is another classic example of how late his reaction time to Revolutionary Tech trades always seems to be. Too bad Ballmer apparently doesn’t read The Cody Word on Marketwatch, because, as very kind commenter, whose name was not Steve Ballmer, put it yesterday, “When I first read about Cody’s app revolution I was a skeptic but after seeing many of these companies rocket to new highs I’m a believer. Who else was talking about apps? No one that I can remember. Now we have the Twitter IPO. Overpriced for sure but indicative of a strong demand to cash in on mobile computing. Keep it up Cody.” Thank  you and maybe you should apply for the Softee CEO job?

Take a Twitter reality check and Twitter IPO is bad for long-term investors – As a potential shareholder I was happy when Facebook tanked after the IPO and I loaded up in the low $20s and teens. Nothing wrong with maximizing shareholder value like $FB did instead of pimping yourself to TBTF bankers like $TWTR did. TBTF bankers and the mainstream media have convinced people a successful IPO is exactly what it isn’t. I remember and bought Google $GOOG the day it came public, paying 12% over the IPO price after it opened trading. That’s 12% left on the table for Google long-term holders vs 80% left on the table, or more than 6X as much, for Twitter shareholders.

Priceline Pleases With Earnings Beat – I thought the $PCLN quarter was good but I’m surprised the guidance was good enough to make the analyst bump price targets.Holding my Priceline puts at a loss and that’s okay, as I’ve noted repeatedly that I expect to lose money on this hedge if my bubbled stock longs keep going. So it has come to pass thus far.

Meanwhile, Tesla’s $TSLA  stock continues its airbagless crash, which sure helps the P&L.

And don’t forget to let me know if you think the bulls or the bears are more scared right now in the comments below or over on Scutify.com.