Wednesday, August 20, 2014

Market Thoughts

$SPY - My latest market thoughts: This has been an amazing bull market. I am amazed that the market continues to move up without more than pulling back a few percent here and there.

I wonder how much of it is due to the fact that there just isn't anywhere else to put money to make a return?  Even mediocre earnings and shaky world politics can't seem to do more than to just create a BTFD (Buy the Dip) moment.

I continue to be mostly long and trading in and out of various things here and there.  It's been a good year so far.  I don't know when it will all change. 

It will.



I know.  Haven't been posting or Audioboo-ing much at all lately.  Sigh.

Russia shuts four McDonald's

$MCD - McDonald's: Russia Closes four restaurants. That'll show us. 

Russia ordered the temporary closure of four McDonald's restaurants in Moscow on Wednesday, a decision it said was over sanitary violations but which comes against a backdrop of worsening U.S.-Russian ties over Ukraine. The four restaurants ordered to…

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The One Hand vs. The Other Hand

The FED! Don't you love it when they play both sides of the fence?

"The U.S. Federal Reserve hinted on Wednesday that a surprisingly strong jobs market recovery could lead it to raise interest rates earlier than it had been anticipating."


"At the same time, most Fed officials wanted further evidence before changing their view on when rates should rise, according to the minutes from the central bank's July 29-30 meeting."

And that's a wrap!  Lets go get drunk!

Seriously though, the market jerked one way before jerking the other.  It was the best of times, it was the worst of times.   Carry on.

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Tuesday, August 19, 2014

Coach Ditka

Coach Mike Ditka on the Washington Redskins name controversy:

Monday, August 18, 2014

‎Up to Our Ears in Corn‎

$CORN - Contrarian alert! Wet weather and cooler than average temps are leading to a windfall in corn. 

"Expectations of a glut have driven corn prices down by 13% this year, to near four-year lows, after a 40% decrease last year."

So, from a long term investing point of view, do you think the country will continue to produce record amounts of corn?  Or, will some sort of dryer or hotter weather lead to corn shortages ever again?

Just thinking out loud.

No positions.  Like to eat corn, though.

U.S. Farmers Are Up to Their Ears in Corn

Tony C. Dreibus

The Wall Street Journal. - The Wall Street Journal. - Mon Aug 18 17:30:00 UTC 2014

"We're going to drown in corn this year." The assessment, from Jeff Brown, 45 years old, a fifth-...

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Thursday, August 14, 2014


$TLT - Okay, who said what at 1pm today?

Tuesday, August 12, 2014

‎Japanese economy contracts

$EWJ - Poor Japan. They can't get out of their own way. Their economy contracted 6.8% in the 2nd quarter.  What was the main culprit? A hike in the sales tax that led to less consumer spending.

If you want less of something, tax it!  (Who said that?)

Japanese economy contracts sharply

BBC News

BBC - BBC - Wed Aug 13 05:38:12 UTC 2014

Japan's economy contracted by an annualised 6.8% in the second quarter of the year, the biggest fall...

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