Random Thoughts-Part Deux!
July paper be gone!
- The greatest trick Boo ever pulled was convincing the world that he didn't exist.
- If Citi (C:NYSE) can pin $45, the tape will escape the Friday scrape.
- Did the White House really say that the economy is cookin' despite the economic data?
- Are we getting mixed messages from the Fed? Of course. A savvy pitcher doesn't throw straight heat every pitch. He mixes it up to keep the batter off balance. Slider, fast ball up and in, curve, curve, sinker, change-up...
- Are too many people looking for a tradable bottom here (present company included)?
- Is that a pledge pin on your uniform?
- We're in the process of moving offices and I'm very psyched that the new digs will access Bloomberg TV. The current business channel we watch is tough to stomach (and I've got a fair sized stomach!).
- Strong markets finish strong. And vice versa.
- The town of Peculiar, Missouri got its name when the first postmaster of the town - after having several names rejected by postal authorities in Washington - wrote a letter asking them to just "give us some peculiar name."
- The truest definition of a bear market is a tape in which nobody is making money.
- Is the consolidation frenzy in the gaming stocks "telling" and, if so, will the roulette wheel soon land on red?
- "The battles that count aren't the ones for the gold medals. The struggles within yourself -- the invisible, inevitable battles inside all of us -- that's where it's at." - Jesse Owens
- Minyans Barry and Romy Rabkin are expecting their second child today and have agreed to let the Minyanhood choose the name. Anyone have a top five in mind?
- S's over N's. (banks vs. semis and breadth disparity).
- Chatter is making the rounds that the benign price fluctuations in energy during June won't be as friendly the next go 'round.
- I'll be bah-hak!
- In Spanish, the word for handcuffs is "esposas." "Esposas" also means "wives" in Spanish.
- Melo and K-Mart. Nice.
- Double dippin' the Randoms.
- The fixed income markets are screaming higher.
- There are a LOT of stops set below S&P 1100 and for good reason.
- Hercules, Hercules, Hercules!
- We flagged the internets this morning on the Buzz as they opened flat in spite of the jiggy futures. That is typically a sign of supply and has since been confirmed by the relative lethargy. The same dynamic works in reverse--if a stock (group) opens flat with fugly futures, it prolly means buyers are around.
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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