A Naked Bear!
Nice trade, kid!
Back in black, I hit the sack
I've been too long I'm glad to be back
Yes, I'm let loose, from the noose
That's kept me hanging about
Alright, sports fans, it's about that time. The Menagerie just wandered into my office with their bags packed for a long stay on the left coast (uh oh!) All this confidence has me a bit worried but, fear not Monsieur Cohodes, I will not waver in my commitment to excellence. We want the Titans...we need the Titans...we'll toast the Titans!
While I've surely been loud on the bear case of late, I'm going to get a little naked before my flight to the left coast. New readers--don't worry...that's just Toddo speak for removing my metaphorical costume. The imagery was initiated a ways higher and, consistent with my stick and move style, I'm gonna take the trade. Am I early? Heck...I'm always early.
The traction in the financials is intriguing to me and while I'm not ready to dust off the bull suit (did I just say that?), I'm happy to stuff the fur back in the closet. It's a three day weekend and I've got an A.F.C championship on my plate--it's time to focus. I always urge the readership to work to live (not live to work) and, consistent with my New Year's resolutions, I'm gonna practice what I preach.
For those of you stickin' it out, remember that markets that are heavy all day tend to end that way. If Snapper doesn't peek his beak out soon, I'd be surprised if he did so into the close. Of course, it's expiration and if we know anything, it's that we know truly nothing!
I'll try to post from the road but if I can't, allow me to take this time to wish all my fellow Minyans a happy, safe and relaxing respite. It's been a nutty week...enjoy your time off and don't waste it thinking about these flickering ticks. At the end of the day, the time you spend with your family and friends will dictate your true happiness. Money? It's just a means to an end.
Have a peaceful weekend.
Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at firstname.lastname@example.org.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Daily Recap Newsletter