Eyes of the World
If I can get 'em over S&P 1060, I'll prolly get more popular.
- The Wal-Mart (WMT:NYSE) commentary plants a seed of doubt regarding the durability of the consumer.
- The drugs have had a better tone the last couple sessions. This fits well into the consumer over cyclical trade.
- I would think that Hoofy will try to spur the herd (at least once) above yesterday's highs.
- Energy issues (particularly oil service) are perking up as well.
- The Applied Material (AMAT:NASD) reaction is too close to call right now.
- The biotechs (thus far) trade dry. The internets are trying to find their footing.
- The F-Troop legislation/regulation will likely be 2004's business.
- It's sure getting hard to stomach some of those teletubbies.
- Next week is expiration. I've rolled the lion's share of my paper out to December and January to avoid the front month decay.
- The dollar continues its Monopoly peg.
- Europe wasn't able to 'follow through' on yesterday's stateside jig.
- Gold is edging towards the magical $400 number. Be wary of potential profit taking there.
- Seeing seven figure buyers of SPY.
- Thank you for bearing with me as I fight this bug. It's not fun.
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.
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