Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Random Thoughts

By

It could be worse?

PrintPRINT

  • Huffs, puffs and the housing market.

  • Why can't I hear the words "pork chops" without thinking of apple sauce?

  • By way of the always insightful Fleck Rap..."As Jim Grant said in the most recent issue of Grant's Interest Rate Observer: "Before the scandal, Fannie's business model was one part simplicity, another part privilege, and a third part audacity: Borrow at a government-advantaged rate; invest at a slightly higher rate. Leverage the balance sheet as no private enterprise could. Grow and grow. Deliver predictable, stair-step earnings growth.""

  • Calamari for everyone!

  • Mini randoms from Fil Zucchi: 1) The type of reversals in Wellpoint (WLP) and United Health (UNH) tend to leave longer lasting scars; I also just got filled on some WLP calls (to close) below parity, i.e. someone really did not want them come tomorrow. I know it's time to start playing pin the tail, but . . . 2) The homebuilders look primed for . . . if you seriously thought I was going anywhere near that quagmire remind me to call you on April 1st. 3) Small / Mid software names are looking mostly green. 4) How much ammo has Hoofy used up these first three weeks of the year against a backdrop of miserly mutual fund inflows? 5) Five bucks here, five bucks there, pretty soon you are talking money.

  • Yes officer, I can confirm that Billy Meehan was in Minyanville on Wednesday night.

  • Doublin' down on the housing frown.

  • If you're not on today's Buzz, you're missin' some strong chatter on Social Security. These are the types of dialogues that were made for the Buzz & Banter.

  • Bi-polar disorder remains one of the most misunderstood ailments in society today.

  • "Can market internals be as strong in 2005 as they were in 2004 and 2003? If you've answered "probably not," then it's a reasonably good idea to (a) get less bullish/more conservative and (b) start looking for short/sale ideas."-- Uber-Minyan John Roque of Natexis Bleichroeder

  • Housing hat trick.

  • Fear and loathing in the hedge fund hot potato.

  • Mini-Minyan Mailbag: "What do you think the odds are of a 3 handle on the 30-YR by the end of the year? I'll go on the record and say we "get there" before 2005 is up." Uber-Minyan Adam Michael.

  • Would you like to license the Buzz & Banter application firm wide?

  • More Mini-Minyan Mailbags! "Toddo.....seems to me that the dollar strength may continue much further than most think due to $500 billion eligible to be repatriated from foreign earnings back to the United States." Minyan Jim

  • Between Wachovia (WB) and Deutsche Bank (DB), the overcapacity in the financial industry continues to weed out. I hate to admit it but I still think that we're in the early innings of this process.

  • Who do I want to win the SuperBowl? Anyone but the Pats! (Think tuck rule.)

  • Odour Toddo.

  • Yes, I see the traction in the semis and respect the potential for rotation. Clearly, the ability of Citigroup (C) to rally (BKX about to turn green) is an overt positive. And yes, visions of an invisible hand are dancing around the back of my mind (in front of Dubya's big day). That said, unless these internals can shift from their 2:1 negative posture, I think Snapper gets smacked like a Raider running back. In a perfect world, the opening "gaps" will fill first (thereby sucking in the most hopers) but one step at a time...

  • I don't lose my temper much anymore but these types of stories chap me arse.

  • At the risk of upsetting our red Minyans, I would be remiss if I didn't communicate that the deterioration of support for President Bush is a, well, red flag. With the lowest approval rating in 30 years (since Nixon), further slippage has the potential to impact sentiment. And in a psychology bubble, that is a dangerous thing.

  • JP Morgan (JPM) will break a major PnF trandline from the March 2003 low with (if it) ticks at $37. So ya know...

  • I want to see the Orange with three loses and LOSE the Big East tourney. That should get 'em nice and juiced for March Madness.


    R.P.
< Previous
  • 1
Next >
position in fnm, cme, wlp, unh

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 todd@minyanville.com.

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.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE