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Worry Warts


Jeez Louise, where's my mojo?


I had a hard run
Running from your window
I was all night running, running, running
I wonder if you care

(Grateful Dead)

The Minx slinks open and another week in Minyanville is open and ready for business. With the notable exception of the biotech sector (Genetech (DNA:NYSE)), the initial stateside price action is to the downside. In fact, the opening gap lower has the major averages tickling support at S&P 935, Dow Diamonds (DIA:Amex) 86, BKX 800 and NDX 1140.

The greenback has slipped steadily since March while Hoofy was getting his groove on and nobody seemed to care. Now, with crimson dripping off my eight screens, the drippy dollar is starting to get "louder" in media and trading circles. Will the Snow job matter this go 'round? Only if the market trades lower, cookie.

A quick check of the morning breadth shows losers outpacing winners 9:5 on the big board and 3:2 over the counter. It's uber-early, mind you, and the holiday week will likely make the ranks thinner than usual. As such, we need to be on our trading toes for whips and trips that are more volatile than usual. Gorgeous!

Jammin' and jugglin'... I'll be back.
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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

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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