The chatter on the trading desks re: Bush forcing the dock workers back to the job is getting increasingly louder.
While all the focus is on the Oakland Raider's offense, the key to their (potential) playoff run will be the run stopping ability of John Parella and Sam Adams. Get fired up, Raider Max, I'll be there for our annual tailgate at the Black hole!
The sell side interest we've seen from our trading contacts are long sellers 'getting out.' That is either bearish or bullish...depending on your time horizon.
Sweet potatoes are clearly the most underappreciated starch.
Yes, the tape is oversold, but we're not at "bungee" disconnect levels yet. Doesn't mean we "can't" rally, but I don't have the confirmation from my trusty stochastics (oscillators).
I know Daisy is a "looker," but please refrain from the sexually explicit emails. Hoofy's getting pissed.
The internals continue to warrant caution, but understand that IF (big if) a rally is "futures led," the internals will lag the price action.
In response to the many queries, yes, Dorothy is back in Rubyville and yes, she still has an appetite for strawberry margaritas!
I'm fully aware that Manfred Mann sang "Blinded by the Light," but I believe the Boss penned the original lyrics.
No positions in stocks mentioned
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