Miles J. Stoner, @StockHollywood

Dallas, Texas

8.19.2012

Aug 20 - Mon. "Egomaniac"

Ranting a bit here, but it gets to me sometimes when people are constantly telling others they are or aren't something. If you have to tell someone that you are something, you just aren't. For example, if you have to tell someone you're famous, you aren't. So many want to be known or be about something. Bottom line is when you are, it goes without saying that you are this way. Either you think your audience are idiots and can't tell whats going on in front of them so you have the need to let them know or you are a wana be. On the one hang, you need to hand around more intelligent people that get you or you are a wana be and need to start being about what you say you are.

PPHM - Love this stock, would love to see it rip through 3 one more gin and be a short again. $3.5 area was where it spiked the other day when it had the big para run.
FB - getting clowned at these levels, ipo was at $38, so $19 is 50% retrace, it may start to get some buyers here, I have to be long biased at this point. I know many of you are short biased, don't let me sway you, I have no position.
TRGT - has started to hit $5, we may see this gear through here now.
PCS - 10 got hit, I have a short bias still on this one.
MNST - eying the short on moves over $61+.

Markets over extended now, but its in grind mode as well, we may see this thing churn higher until Elections.

MONDAY, Aug. 20
Economic News: Chicago Fed National Activity Index, 8:30 AM ET
Earnings: CIS, COCO, ENG, LOW, CCIH, FN, NDSN, and TUES
TUESDAY, Aug. 21
Economic News: ICSC-Goldman Store Sales, 7:45 AM ET; Redbook, 8:55 AM ET
Earnings: AMWD, BKS, BBY, DAKT, DSW, GLOG, GSM, MDT, TECD, TSL, ADI, AZPN, DELL, INTU, LZB, QIHU, WTSLA, WSM
WEDNESDAY, Aug. 22
Economic News: MBA Purchase Applications, 7:00 AM ET; Existing Home Sales, 10:00 AM ET; EIA Petroleum Status Report, 10:30 AM ET; FOMC Minutes, 2:00 PM ET
Earnings: AEO, GES, HAIN, HEI, HPQ, IRF, KKD, PSUN, PSEC, SMTC, SNPS, TLYS, VHS.
THURSDAY, Aug. 23
Economic News: Jobless Claims, 8:30 AM ET; PMI Manufacturing Index Flash, 9:00 AM ET; Bloomberg Consumer Comfort Index, 9:45 AM ET; New Home Sales, 10:00 AM ET; FHFA House Price Index, 10:00 AM ET; EIA Natural Gas Report, 10:30 AM ET
Earnings: FLWS, BIG, FRED, GSOL, HRL, JKS, LANC, NM, PDCO, RGS, SIG, TTC, ARUN, ADSK, BEBE, MENT, MCRS, UEPS, RUE, CRM, SCVL, SLH
FRIDAY, Aug. 24
Economic News: Durable Goods Orders, 8:30 AM ET
Earnings: MSG, SOL.