Saturday, December 22, 2012

Fiscal Cliffmass Randomosity

  • $$ - The market is volatile. A funny thing happened on the way to the Santa Claus rally - fear.
  • Volume has been high, too. Usually the market volume tapers off as the year winds down. With this kind of volatility, you have to wonder what happens next week with the government basically giving up on solving the fiscal cliff. Although, don't we all know that a deal will be made pretty soon? With tax hikes and sequestration coming, they won't let it happening. Despite all the Kabuki Theater.
  • Great WSJ on that, by the way.
  • I remain long. 100% plus beta. So NDX and small caps mostly.
  • Blogging and audioboo a little light this week. Out shopping, looking at lights. There's a neighborhood near here where 100 homes put in the effort and made quite a display. Very nice.
  • Anecdotally, malls don't seem too crowded. I did do most of my shopping online, but needed somethings from Best Buy. The sunday before Christmas, that store was empty. Seriously.

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