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

Just another day at the office!

PrintPRINT


  • Gold stocks, after a strong opening, reversed hard to the south side. Gold, the commodity, remains flattish and flirty with $400.

  • The news is always best at a market top and worst at a market bottom.

  • Mind the gap below S&P 1063.

  • It ain't cool being no jive turkey so close to Thanksgiving.

  • Flow's Diner: I just saw 500,000 hit the tape on the buy side.

  • Is this the "pop and drop" that I spoke of last week? Quite possibly--but that doesn't necessarily mean it's today's business. So you know, I'm eyeing S&P 1067-1075 on the upside and (a close below) S&P 1060 on the south side.

  • Breadth remains minty fresh as there are better than two winners for every loser.

  • What are cranberries gonna do for the next 360 days?

  • I would have swallowed the Raiders miserable season a bit easier if only we beat the donkeys.

  • Amazon (AMZN:NASD) is trading with the retailers (rather than the internets).

  • The dollar index (DXY) is back above 90 (after trading with an eight handle this morning). My biggest fear for Boo is that a strong "counter-trend" rally spurs the greenback.

  • In 2000, I opined that the entire dynamic of Wall Street would become a long, hard road. As it stands, I still believe we're in the early innings of that process. I certainly hope I'm wrong but, if I'm not, trading talk and market banter will illicit dirty looks at dinner parties before it's all over.

  • Can the Minx keep going? She can do whatever she wants---she's the Minx! That's why it's so important to incorporate the right discipline into any trading approach.

  • The weather forecast called for snow in Minyanville today but, thus far, the skies are clear.

  • I think volatility measures are approaching 'once in a lifetime' levels.

  • Discipline over conviction.

  • Bonds are gettin' thumped.

  • I'm being told that there's a new online dating service floating around Minyanville. It's called CDate.

  • As past resistance equals future support, there are prolly a ton of "sell stops" set below S&P 1060.

  • I'm happy to report that Bruiser and Slurpee are alive and well.

  • Trading "not to lose" is the quickest way to lose money.

  • John Belushi, John Candy, Chris Farley....what a shame.

  • Europe is up between 1-2%. Blimy!

  • The longer the Minx sits up here (with good breadth), the better the "odds" that she closes strong.

  • I could feel myself getting fatter this past weekend. This is a tough stretch for diets.

  • And so it goes...
position in spx

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