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Answers I Really Wanna Know: What Are You Thankful For?


Has there ever, in the history of the markets, been a more acute need for financial literacy?


Wall Street is a place that people look to for advice. In the absence of answers, we can only look within.

Minyanville prides itself on provoking the thought necessary to make better and more informed financial decisions. With that in mind, as we ready ourselves for a Thanksgiving feast, the following are answers that we really want to know.

  • While the headlines are suddenly sounding the alarms, wasn't the writing on the wall during the summer slumber?

  • Has there ever, in the history of the markets, been a more acute need for financial literacy?

  • Is the recent carnage the gut check that was necessary for the bullish seasonality to kick in?

  • I mean, if YOU had an agenda (and were big enough to "matter"), wouldn't you operate in the thinnest of all marketplaces?

  • Shouldn't any near-term upside be considered a "pure trade" in the context of the much bigger collective conundrum?

  • At least until the trend of "lower highs" and "lower lows" (that are prevalent across the board) are broken?

  • Especially if the tape rallies on "Turnaround Tuesday" as it did last week?

  • Is that the definition of dancing between the elephants?

  • Did A-Rod suddenly realize that nobody else could pay his price and the endorsement deals in NYC were better than they are in Anaheim?

  • Was the VXO (volatility index) really DOWN yesterday?

  • While I watch the S&P as a more representative measure of stocks, do you see the technical importance of DJIA 13000?

  • Which is right up there with BKX 90 as the "fish or be fed" level of lore?

  • Should the bulls circle United Health (UNH) $50 as they swim against the Tide?

  • How about Microsoft (MSFT)?

  • Should anyone considering Microsoft - or Google (GOOG) for that matter - quickly inject himself or herself with 10cc of Thorzine stat?

  • Do bad seasons define good fans just as bad times define good friends?

  • Was HSBC (HBC) $92 "close enough" for the bears who were looking to unleash the short-side hounds?

  • My goodness, imagine what the tape would look like if the greenback found a bid?

  • For the gold bugs in our midst, do you see Newmont Mining (NEM) probing breakout support?

  • With XAU 172 now above us, does XAU 150 become the best risk/reward for the bulls?

  • Are you getting bearish on downticks and bullish on upticks?

  • Is that any way to go through life, son?

  • So, Countrywide Financial (CFC) is gonna be a single digit midget?

  • With regards to the Wall Street CEO shuffling, aren't the horses more important than the jockeys?

  • What kind of name is Poone?

  • Is the autumn malaise the fall-out from the reggae summer?

  • Do traders watch charts because they work or do charts work because traders follow them?

  • Do you see the dandruff starting to flake on Baidu (BIDU) as a function of the head & shoulders formation?

  • With TiVo (TIVO) squeezing Madison Avenue out of the television space and satellite radio doing the same, will video games emerge as the next generation advertising medium?

  • Doesn't that "virtual real estate" have a serendipitous ring to it given that we've seen a bubble followed by a real estate bubble?

  • Are Fannie Mae (FNM) and Freddie Mac (FRE) proof positive that perception is reality on Wall Street?

  • And further evidence that the only difference between being early and being wrong is whether you're there when the price action validates your view?

  • Isn't time the arbiter of all fate just as price is the arbiter of variant views?

  • Where do cranberries go for the other 51 weeks of the year?

  • Don't we all have a lot to be thankful for?


Holiday Festivus is here! Come join us and support the Ruby Peck Foundation For Children's Education at an old-fashioned Southern-style hoe-down in the heart of New York City on December 7th. Click the image below to learn more!

No positions in stocks mentioned.

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

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.

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