Ah get born, keep warm Short pants, romance, learn to dance Get dressed, get blessed Try to be a success Please her, please him, buy gifts Don’t steal, don’t lift Twenty years of schoolin’ And they put you on the day shift
The alarm I set for myself at 4:10 a.m. chimed, and I climbed out of bed to take one of my children to the airport. He’s off to a conference at Harvard, and we can look forward to seeing him again late Sunday night. Yet on Monday morning, at the more reasonable hour of 6 a.m., I’ll be driving him again to the airport to head to Costa Rica for a school trip.
So……..any tweets from the President about the stock market this morning?
Hello from Flatland. I’m traveling all day today, so you’re not going to get the usual torrent of content. I will say that I’m pleased to see – – could it be – – a second day of weakness in equities. I hope D.C. rides to the rescue. Won’t someone think of the children?
I’ve got 50 short positions, some of which I’ve been augmenting quite a lot lately (particularly in energy), and I remain long SDS and ERY in my “etf-only” account.
Two quick early-morning items. First, it’s good to see crude continuing to weaken. The grand and glorious goal is a break of support (green tint), since we’ve been range bound for two solid months now. As I’m typing this, it’s actually lower than the chart below, down over 1.5% now.
Second, I’m in make-fun-of-SNAP mode these days, because I think it’s an IPO designed for buffoons who thought 1999 never happened, so I found this little snippet from their S-1 kind of fitting. Click the image to see a bigger version.
This is completely irrelevant to the world of trading, but I’ll just get it off my chest. Below is a short clip from our patron saint. He expresses a sentiment I’ve heard in all-too-many commentaries and comedy routines (which are kind of the same thing, really) which is that the #1 reason for death in the human race is religion.
Greetings from the Knight household, as each member of my beloved family is doing their own thing. Me? I’m composing you a post for absolutely no charge. I’m a helluva guy, aren’t I? Let’s begin our story.
About a week ago, I got a series of tweets from a fellow whom I don’t know and have never heard about. He wanted me to know about a big bet he was making………..
I want Slope to be exciting and interesting. I want people to seek it out on a daily basis to read what I’ve got to say. But, Good God in heaven almighty, just look what I have to work with these days, people:
That’s the Russell 2000 for the past two months. Day after day after day of going nowhere. Some days a little up. Some days a little down. On the whole: zilch.