Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Hit Me With Your Best Shot

By

You've got questions, we've got answers...

PrintPRINT
Editor's Note: The following Buzz was written by Ryan Krueger on Friday, September 15, 2006.

Hit Me With Your Best Shot – Friday, September 15, 11:22 AM

Thanks for the notes wondering where I have been. You wouldn't believe the answer unless it was the truth. I have been busy on the other side of a trade that is universally opposed to my notion. I'll scribble an article this weekend explaining the whole sordid story. I Un-Vailed a hint recently, but had absolutely no idea I would be personally involved. It took me away for a bit, but it's good to be back. In my absence I wondered about a few things…Anybody wanna take a shot at the answers – send me an email, first prize is a shout out in the Buzz, second prize is a set of steak knives, third prize is you get to read my answers in a few hours.

I spent some "alone time" with the S&P 1500 this week, slicing it thinner than my barber's #2. What do you guess the top 20 year-to-date performers have in common?(again)

How many petrochemical engineers graduated from U.S. Universities last year?

What did
Harrison 's Raiders' new offensive coordinator say during his interview to get the job?

While the world has focused on the price of crude the past few years, how has the rally in the price of uranium compared?

The CME now trades housing futures, what is this market calling for one year from now from the top 10 metropolitan areas on average? And do you notice any Texas-sized mistakes?

Does anyone know what trade
Greg "Catman" Good just helped me with?

Back in a few with the answers…



Editor's Note: These are the answers to the questions posed in the above Buzz:

I spent some "alone time" with the S&P 1500 this week, slicing it thinner than my barber's #2. What do you guess the top 20 year-to-date performers have in common (again)?

The top 20 performing stocks are covered by a total of 125 Wall Street analysts. This has consistently been my experience in my own P&L as well. The 20 stocks closest to 0% are covered by 275 analysts. The point? I'd rather find apathy than a consensus or a contrarian. Under-owned and under-followed is not a solution, but it is a key to unusual upside performance if you're into that kinda thing.


How many petrochemical engineers graduated from Universities last year?

200. This astonished me. I got great emails from some Minyan-engineers after my last post about the explosive demand for their work against very little supply of workers. I'll continue to take the infrastructure trade over the energy trade. My buddy from Rice University told me they closed the structural engineering department from lack of interest about three years ago.


What did
Harrison 's Raiders' new offensive coordinator say during his interview to get the job?

"Well, for the last seven years I've been running a bed and breakfast." Todd, that's not West Coast slang for offensive juggernaut, it was ACTUALLY a bed and breakfast. Good luck this season.


While the world has focused on the price of crude the past few years, how has the rally in the price of uranium compared?

$10 to $50. Any coincidence that Canadian and Australian economies, companies and currencies have done so well? Follow natural resource rich countries (those two mine the most uranium in the world) for profits. And no, the real estate bubble is not global as many of my esteemed colleagues believe, at least not in my opinion. I talked to friends this week whose towns are bursting. Miners are living in tents because they cannot even find a home.


The CME now trades housing futures, what is this market calling for one year from now from the top 10 metropolitan areas on average? And do you notice any Texas-sized mistakes?

About a 6% drop. I don't think that helps me in any way but I noticed a slight problem with the number. Three of the biggest 10 cities in the country are in Texas, yet none are in the CME's market of 10 major markets. I repeat a controversial notion – there is not a bubble, but there is absolutely a soufflé. The sinking will not be equal and there will be some tasty edges (trades) if you ask me.


Does anyone know what trade Greg "Catman" Good just helped me with?



Part of a Fox Sports stunt, the Catman was the winner of a car giveaway on opening weekend. As the cameras rolled, big Tony from Fox awarded him a toy car and everybody had a good laugh. It must have dawned on the Catman later (perhaps while his Panthers were getting trounced by the Falcons) that he had been "duped." He was upset and shared his story to the local news and elicited an enormous outpouring of support. Thousands were outraged that this man was lied to, they sent letters and calls to the offenders. Fox and Ford (F) finally caved in and delivered the Catman a brand new Ford truck. I have no problem with the Catman, but what about the thousands that truly believe he had been wronged? Ladies and gentleman I introduce you to your voters and jurors of the next big decisions in our country Far more people agreed with the Catman, than will with my conclusion that this is an outrageous example of the sense of entitlement creeping into more decisions by the day and leading to the fourth quarter of democracy. The Catman just helped tilt the balance a little more in the battle of Kaizen vs. Complacency that I write about and trade.

No positions in stocks mentioned.
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.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE