Enjoy the games!
Stephen prospered in his time,
Well he may and he may decline.
Did it matter, does it now?
Stephen would answer if he only knew how.
A quick vibe to ye faithful who aren't Buzzin' that I removed my bear costume late this afternoon. As we slipped into the metaphorical fur near Wednesday's opening, it was a profitable (albeit small) downside schnitzel. The "real-time" trading vibe is shared on the Buzz & Banter each day (the platform allows for a pure stream of consciousness) but, as this is important (to some), I wanted to alert ye faithful one and all.
The tape continues to have issues, as evidenced by the breadth, banks (under the 200-day) and semis (same). The NDX is still clinging to support (and tech stochastics are oversold) so there is an element of upside risk. With that said and respected, I'm happy to hit the eject button relatively balanced and holding some long-term energy exposure. So you know, if you care and-as always-never advice.
I'm gonna jump and juggle so Fish and I can get back to his digs and watch our Orange. Win, lose or draw, there are few things in life that compete with watching the tourney with my best friend, college roommate and-as of March 1, business partner. These are special times in the 'Ville and we're committed to making the Minyan experience spectacular and industry altering. Some don't see the big picture yet but, rest assured, they will soon enough.
May peace be with you.
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 email@example.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.
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