Heck, Fleck, we might BE the minority!
- "Buck Melanoma, Moley Russell's wart."
- Watch S&P 1005 as it's yet another level on traders' radars.
- There is a thin line between adaptation and capitulation.
- "To cheat is French. To get caught is American."
- There's been a lot of chatter that the VIX doesn't matter anymore and, if we removed the bubble, it's actually at the upper end of the historical range. That, in a nutshell, is why the it DOES matter--the bubble created capacity that will take many years to fully absorb and we can't just ignore it.
- To cure hiccups...Put your fingers in your ears, and get a friend to slowly feed you a glass of water. Try it. It works
- Agile Software (AGIL:NASD), Hewlett Packard (HPQ:NYSE), Intuit (INTU:NASD) and Network Appliance (NTAP:NASD) highlight tonight's earnings.
- The volume is light but the breadth smells good.
- In the wake of the 1929 Wall Street crash, more than 2000 US banks had collapsed, foreign trade had fallen by 50% and unemployment had reached 25% (by 1932).
- I Thought Snoop's piece this morning was intelligent, well thought out and presented in a compelling fashion. I don't happen to agree with its conclusions but I certainly respect the accuracy of its past signals.
- If you think this week is thin, wait till next week!
- Michael Vick was a big loss for fans of the game.
- The dilemma in our midst: the charts are either breaking out (SOX, INDU) or eyeing breakouts (S&P, NDX) and that's clearly bullish. However, the harshest melts typically occur after the technicians give their nod of approval. In other words, does the broader tape HAVE to break out if she's to travel the path of maximum frustration?
- When Heinz ketchup leaves the bottle, it travels at a rate of 25 miles per year.
- Somebody is buying the schnitz out of .30 upside punts in Microsoft (MSFT:NASD).
- Gold has reversed and is attempting to gain some traction.
- Alotta traders are pointing to a potential breakout in the greenback.
- It takes over 42 coffee beans to make an espresso.
- Saudi Arabia remains a huge wild card to global stability.
- The Critters Choice Awards is coming to Manhattan! Wait'll Otis sees us...he loves us!
- Fannie Mae (FNM:NYSE) acts like someone kicked it in the shin.
- I was admittedly rusty on Squawk Box after a year's television hiatus. It'll get better as I get, ya know, more comfortable.
- Reminder to self: get a flashlight and a battery powered radio.
- Housing bubble + debt bubble + derivative bubble = bubble trouble.
- How many of the blackout pressers have covered up and licked their wounds?
- "Here's a quarter. Why don't you go downtown and have a rat gnaw that thing off your face!"
- Fokker was in such a bad mood yesterday, I couldn't even tool on him.
- Thank you Minyan Adam Michael.
- The Critters Choice Animated Auction will likely begin the week after labor day. Be a part of the Wall Street adventure!
- My buddy Fleck and I just chatted and, while we're in the minority, we agree that the statistical probability of a melt is higher than most suspect and increasing daily. The biggest issues remain timing and price points.
- Willy Wonka and the Chocolate Factory should be required viewing for all children.
- Will I ever run out of random thoughts?
- The average lifespan for a major league baseball is seven pitches.
- Why do people get embarrassed when they buy toilet paper?
- Minyan poll (and just curious): Are you certain that Thursday's blackout was a legitimate goof? Please send your answer to email@example.com.
- Diggin' the critters? Wear 'em proud! There continue to be sightings of the menagerie all over the world!
- No overtrading, please.
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