48 degrees, 02.12 minutes North, 043 degrees, 42.08 minutes West, or 1,000 miles south of Greenland.

When I visited the computer center, I was stunned to learn that they were offering three hour long classes on Apple products and programs every hour, all day long.

They covered iMacs, iPads, IPods, IPhones, and all of the associated software and gizmos. I promptly signed up for five classes. Watch for my next webinar. It will be a real humdinger, with all the bells and whistles.

Poor (RIMM) is already dead, and they don?t even know it yet.

You would think that with 280 pounds of luggage I could remember to bring a pair of black socks. It was not to be. So I headed out to the ballroom with my black tux and navy blue socks to tango, rhumba, and foxtrot with the best of them, hopelessy color uncoordinated.

The problem is that just as you twirl, the ship rolls, swiping the dance floor right out from under you. With several Octogenarian couples within range, and my size, the consequences could have been fatal. Still, those oldsters really knew their steps. I really hope those pictures come out, especially the one of me on the dance floor, flat on my back.

Looking at the vast expanse of the sea outside my cabin window, I am reminded of the opening scenes of the 1950?s WWII documentary, Victory at Sea. An endless, dark, tempestuous ocean churns and boils relentlessly.

I am now even more awed by my early ancestors, who took three months to cross from Falmouth to Boston in 1630 in a 50-foot long wooden ship called the Pied Cow. They did this without navigation to speak of, rotten food, and a dreaded fear of sea monsters. What courage, or religious ferocity, must have driven them.

Your Intrepid Reporter

Breakfast on the High Seas

Check Out My New Digs

I am sitting in the transit lounge of Mohammed V airport in Casablanca, Morocco.

Women in brightly colored, flowing burkas, reflecting disparate Berber tribes, sit impatiently, waiting flights to the remote corners of the kingdom. Their hyperactive children are running around aimlessly, their screams eloquently bouncing off the cavernous ceiling.

My flight is seven hours late, and I am the only westerner in the airport. Ah, the joys of travel.

When I was three years old, in 1955, my parents took me to the opening day of Disneyland in Anaheim, California. Tickets were impossible to get, and on the first day, more than 10,000 tried to get into the fabled theme park, more than double the capacity.

However, my dad knew Walt?s brother, Roy Disney, and managed to gain us entry.

Right there on Main Street was Walt himself, greeting each guest as they strolled down an avenue from yesteryear. We lined up to shake his hand, and when my turn came, I pulled out my cowboy cap gun and shot Walt at point blank range.

He smiled, and to my delight, he feigned an agonizing death. My embarrassed mother hurriedly hustled me aside.

I never forgot that incident. Walt Disney was ever the entertainer, although later I learned he was a real bastard to work for, a screamer of the first order.

Some 60 years later, and 49 years after his passing from lung cancer in 1966 (he was an inveterate chain smoker), Walt Disney Corp. (DIS) is still going strong.

It survived the financial crisis in fine fettle. It went on an aggressive round of acquisitions, cherry picking the entertainment industry of its crown jewels. It is now poised to see its earnings go ballistic as the global demand for quality content explodes.

If there was ever a company that had pixie dust sprinkled upon it, this is it.

You would not think that Disney would be piquing my interest here, with the failure of the just released Tomorrowland, and the disastrous Lone Ranger two years ago.

But without anyone noticing, Disney has in recent years turned into a monster global conglomerate.

It bought Steve Jobs? Pixar in 2006, locking up the best programming in animation (Toy Story, Finding Nemo, and the present runaway hit, Inside Out). It picked up Marvel Entertainment in 2009 (Iron Man, Spiderman, the Incredible Hulk, and Captain America). It paid $4 billion to my friend George for Lucas Entertainment in 2012 (the Star Wars monopoly).

Bet you didn?t know Disney owned the sports money machine ESPN, which alone promises to kick in a staggering $4.5 billion in EBITDA this year, accounting for 28% of group earnings.

As a result, Disney has created an entire ecosystem of products, not unlike Apple?s (AAPL). Watch a film, and you end up buying the toys, games, clothes, TV show, and eventually taking your kids on the ride and the cruises.

This massive content upgrade has enabled them to become the top box office draw of 2015. Incredibly, Avengers: Age of Ultron, a story about a monster who lives inside the Internet and wants to destroy the earth, promises to become one of the top five grossing films of all time.

Apparently, wiping out the planet sells well these days.

This is happening globally!

Nobody has assembled a portfolio of assets with the breadth and depth that Disney has.

What?s more, the tried and true sequel rollout is about to jump to warp speed over the next two years. Through 2017, we will see new iterations of Star Wars, The Jungle Book, Finding Nemo, Toy Story, The Avengers, and Pirates of the Caribbean.

Ring that cash register!

The Star Wars relaunch is particularly interesting, as it means the company is about to capture the lion?s share of the $107 billion a year entertainment based toy and merchandise business. They are already handily beating out competitors Viacom (VIA), Time Warner (TWX), and DreamWorks Animation SKG (DWA).

Plastic, made-in-China Wookies, R2D2?s, Darth Vaders, and Millennium Falcons made George Lucas a staggering $27 billion in sales, compared to the $8 billion he took in from films, because the original movie producers considered the rights to such tchotchke worthless.

Indeed, Disney is already dominant in the business, with 300 stores worldwide. Any dad with kids who passed near one of these franchises was always easy prey for a $50 hoodie or princess doll.

A synchronized revival of the global economy means the marquee park business is going from strength to strength. A new one near Shanghai is about to open and become the biggest ever.

It seems that opening a Disneyland near a city of 25 million upwardly mobile consumers is always a good idea. The second a new middle class Chinese consumer joins the western economy, they want to buy a set of mouse ears.

Even the perennial loser, Disney Paris, the only park that serves wine, is turning around, thanks to the European Central Bank?s new, aggressive program of quantitative easing. Ironically, Disney bonds are among the hundreds of private issues that the ECB is hovering up.

Walt was always fascinated with technology. His first animated cartoon, Steamboat Willie, which introduced Mickey Mouse to the world in 1928, was state of the art. He blew audiences away with Fantasia in 1939, inventing new three-dimensional glass plate cameras to do so.

Disney became the first customer of two struggling engineers working out of a Palo Alto garage, who went on the form Hewlett Packard (HPQ). Their homemade oscilloscopes provided sound for the movie.

From a trading and investment perspective the story here gets better. (DIS) shares are trading at 18 times 2016 projected earnings of $18 a share. That compares to other competitors trading at higher multiples with lower earnings growth.

It is a rare instance of the best quality growth selling at a discount. This means that the stock could easily rise another 50% over the next two years based on what Disney already has in place.

All of this makes (DIS) stock fodder for a low risk, in-the-money, vertical call spread, even a long dated one. It seems to be the stock that perpetually goes up, ideal for long-term portfolios as well.

Of course, I always add the proviso to buy on a pullback. Good luck finding one of those. The shares have only seen a single 15% decline in the past year (in October).

However, the second I see one, I?ll be knocking out a Trade Alert as fast as I can write it.

Mickey?s Mandarin is Improving, Goofy, Not So Much