Sunday, December 09, 2012

Sunday NFL Randomosity

  • $$ - Is the NFL just a vehicle to sell Cialis?
  • The Fiscal Cliff still in the headlines. Will people sell stocks to lock in taxes at 2012 rates instead of risk higher rates in 2013? The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital gains, making tax-related selling even more appealing than usual. Yes, I think people will do some tax planning. Why wouldn't they?
  • Bob Brinker asks his guest today (David Wessel), given that around 46% of the US pays no income taxes and there's a call for the 2% (the rich) to pay their "fair share," are the 46% who don't pay income taxes paying their fair share?
  • Seems like there is a lot of angst about $AAPL stock. Is the big run over? Every big stock run eventually ends. I don't know if this is it for Apple, but doesn't it fit the profile of an overloved and overowned stock where people believe nothing can over go wrong? Meanwhile, behind the growth is a change in leadership and competition from Google in the mobile space. Plus, now we have the company changing it's strategy of releasing iProducts yearly to some other schedule of multiple releases per year? Hmm... I don't own it, but I do own the $QQQ and AAPL is heavily weighted...
  • I bought a Jawbone Jambox on Black Friday. For myself, of course - Merry Christmas to me! Anyway, it works great. I have it on listening to Brinker while watching two NFL games on, while blogging. LOL
  • Hmm. 49ers cheerleaders.
  • Seems like we wil get some tax hikes. The Republicans seem to be falling in line for a tax hike. “There is a growing group of folks who are looking at this and realizing we don’t have a lot of cards as it relates to the tax issue before year’s end,” Sen. Corker said. “So a lot of people are putting forth a theory, and I think it has merit, where you go ahead and give the president the rate increase on the top 2 percent, and all of a sudden the shift goes back to entitlements.
  • What I don't hear is any talk about spending cuts. Does anyone think that today's $16.3 trillion deficit won't be $22-25 trillion at the end of Obama's term? And then they'll talk about how they made cuts, when they didn't...
  • Greece and Spain are still in the news. But you have to dig a few pages back to find them. Still a big deal. Just overshadowed by what's going on regarding the fiscal cliff, and UK prank phone calls going bad.
  • South Korean left-hander Ryu Hyun-jin has signed with the Dodgers, who expect him to be part of the rotation next season. Isn't that about $200M total on two pitchers in two days?

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