Watch the breadth on the heels of the FOMC..IF it doesn't fail, we should sail.
- What's the point of having silent letters in a word?
- What if a word was made up entirely of silent letters?
- And what's with "it's spelled "xyz" but pronounced differently?" Why don't they just spell it the way it's supposed to sound? Is my real name really Xavier (but spelled T-o-d-d)?
- Hoofy just walked by and mentioned Snoop's article about how the overbought condition is being alleviated (as the market bases). It's a valid point and must be respected. Boo countered that there hasn't been any follow-through momentum since the acne emerged...which is a valid point as well.
- The action in the brokers is a huge tell for the overall tape. They've broken out technically and are acting great but some pretty serious underlying issues remain. Kinda sums it all up, eh?
- There is a lot of buzz (and call buying) in Hewlett Packard (HPQ:NYSE) today.
- The only true failure is not to try.
- Isabel has a serious attitude.
- I haven't gotten much flavor on Friday's expiration but, in form holds, the price action will be most reflective in the next couple of sessions. As I've said in the past, I think "gaming" a direction is futile--there are too many crosscurrents. I've found, over the years, that expiration exacerbates volatility as the Minx sprints through strike price levels.
- I toured the venue for the Critters Choice Awards last night. Wow.
- A lot of people did a lot of bad things during the bubble--there is no denying that. It was only after the bubble burst and fortunes were lost, however, that it became a focus. I sense that the same phenomenon is occurring now but as long as the world's largest thermometer keeps rallying, few will question the manner in which it was achieved.
- I can't believe that I just bit my lip. After 34 years of chewing, you'd think that I'd have it down by now!
- There is a 1:30pm meeting of an asbestos study group today.
- Bennie the dog.
- The average ear of corn has eight-hundred kernels arranged in sixteen rows.
- I'm all for the proactive rooting out of terrorism--trust me. I'm curious, however, in how the markets (or the world, for that matter) would react if we turn our guns towards Syria and introduce the prospect of a multi-front Middle East war?
- George Soros is slated to sign the Minyanville all-star guitar on Thursday!
- The most popular sport as a topic for a film is boxing.
- I bet on Sugar Shane Mosley...but took 8-1 odds on the knockout. I figured that De La Hoya was the technically superior fighter and if it went the distance, he'd win the punch count. Despite the outcome, I still believe that to be the case.
- The vision of Minyanville is creative education and philanthropy. In the months ahead, you'll begin to see that content evolve.
- The "consumer over cyclical" trade is reverting today.
- Would you rather do something you love and make little money or do something you hate and make a lot of money? (No, you can't choose both)
- If Elmer shocks the world and raises rates, hold onto your helmets.
- If Dick Grasso didn't set his own salary, it's hard to fault him for taking the money. Wouldn't you?
- Steve Van Starker!
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