Fare ye well into the bell!
- "Fears that the market is going to crash are way overstated," she says confidently. "It's a seven-mile-by-seven-mile city and a premier place people want to live. You have to be more aggressive here because the prices are so high."
- Happy Fathers Day to all ye Minyans celebrating their parental prowess on Sunday!
- And I thought Phoebe was two-faced?
- Is it any wonder that the homies are green with envy?
- Waaaah Waaaah! "...Given such options, the United States has no choice but to ride the trade-deficit train for as long as the traffic will bear, which may not be too long, particularly if protectionism begins to gather force."
- Nothing retains value like Human Capital.
- The poster child for staying single.
- Old school Minyans know that I often trek to Miraval for spiritual refocusing. The greatest aspect of that "mindful retreat" has always been a woman by the name of Dana Patterson. I've never been into the hocus pocus of spiritual readings but-take me at my word-Dana defies logic with her predictive prowess (five years running). Why do I share this tidbit of information? I think we're gonna fly her into Ojai for Minyans in the Mountains so she can share her vibes with ye faithful.
- And the winner of "the most obvious headline" award...
- Every continent has a city named Rome.
- Hedge fund lesson plans?
- Game 5 or Entourage? Thank goodness for DVR's...
- OSX 145ish--the former ceiling--needs to hold as a floor if the drillers have entered a new realm.
- "The economist reports that the total value of residential property in developed economies rose by more than $30 trillion over the past five years, to over $70 trillion. This is an increase equivalent to 100% of those countries' GDPs. As traditional news sources play down this mother of all bubbles as "normal" appreciation, this puts it into perspective." John Succo on today's Buzz.
- This pizza tastes like...!
- The other side of the oil trade (and yes, I still think energy and metals are gonna win in the long-run).
- Jobs Report!
- An octopus' testicles are located in its head.
- The S&P/VIX ratio (all-time high) is a cause for bovine concern.
- Quarter-end performance anxiety is a cause for ursine angst.
- With the DJIA having triggered the "triple top buy signal" at 10,600, please keep an eye on BKX 99.60 (200-day) and CRB 310 (neckline of the reverse dandruff). My sense-and not advice-is that the commodities will trade (higher) through this level. THE question, of course, is whether that's bullish (liquidity flush) or negative (input inflation) for equities.
- While NYSE internals are still constructive (3:2), Nazz breadth has flipped the downside switch.
- I'm outtie in a bit to head on my way to St. Louie. Have a fantastic weekend, Minyans, and remember to enjoy the journey. Remember the words from the champ: "Today I am 59 years old, tomorrow I'll be sixty. Yesterday I was 23. Don't wake up tomorrow and wish you had today to live all over again."
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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