Bubbles, Bubbles Everywhere….

Things that make me when it comes to the market…
A rank double on the IPO. We haven’t seen that before, have we? Oh wait….
Netflix up $78 on “earnings” when its free cash flow is the most-negative in its history, which of course is what’s actually in the bank at the end of the day (or more-accurately in this case how much of it is flying out of the bank!)
The CNBS people are running around talking about nonsense like Bitcon (er, “coin”), which has lost somewhere around 75% of its alleged value (or, if you prefer my view, it has reverted 75% of the way to its actual value — that is, bupkis!) in the last little while — but it’s a “breakthrough” they say…. (sure is — it’s breaking through the bottom of your wallet headed for the toilet!)

This post was published at Market-Ticker on 2015-04-17.