Random Thoughts to Start the Session!
- I never realized how unpopular I was until I got a spam filter.
- The Bulletin Board trading volume continues to be mind-boggling. the first four months of '04 is 192.3mm shares and the eight months since September (when the "considerable period" language began) is 333.6mm shares. During 1999 and 2000 combined (on the blowoff to Nazz 5,000) was 198.6mm shares. Gulp.
- Carrie may need a chaperone to the dance.
- The S&P 50-day moving average rests above (1128) while the NDX 200-day awaits below (1412). Is this setting up for an N's over S's (as they both find a comparable level?
- Oil of Oy Vey!
- How can Japan encourage five day trading respites while the U.S. avoids them at all cost.
- We've been talking about the perception of America that is shared by other countries. That is an unavoidable topic in a sentiment driven global financial maze.
- My Bahstan brahs have been noticeably quiet since the Yanks ran off eight straight. I still think pitching will be their Achilles heel.
- S-t-a (see you real soon,) g-f-l (why? Because it's coming), a-t-i-o-n.
- Silver--down 3%--is sitting on its 200-day again. Happy happy joy joy!
- These last few light volume sessions felt like begrudging rallies. Now it's time to see how receptive the downside is.
- My sizable contacts were telling me yesterday that they bought stock yesterday a lot easier then they could sell stock.
- Not only are tomorrow's numbers tough to game, the reaction to those numbers would be tough even if we knew 'em!
- Bonds. Heavy Bonds.
- The Matador City quartet needs to see equities begin to react positively to stronger economic data.
- Mexico is up 15% this year. And that was before Cinco de Mayo!
- Boredom is not an actionable catalyst.
- The Lakers have more talent but the Spurs have a better team.
- The dollar, which failed at the 200-day, has just held the 50-day. It's currently hovering around the 173.6921 day. Oy.
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