One-Two Punch

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Well, after six “up” days, the bears finally got some relief on Wednesday……….only to be nuked again after the bell by two stocks: FB and (much, much more important) AAPL. The entire day’s drop on the NQ has been reversed, and then some, and we’re about to break the nice, neat series of “lower highs” that’s been in place for some time now. Bleah!

0423-nq

Oh Boy. Detroit.

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I have been seeing a lot of ads for the Cadillac ELR, which is Detroit’s answer to my beloved Tesla Model S. My Tesla can go about 265 miles on a single charge, and it’s purely electric. The Cadillac is a hybrid, and it can go a whopping 30 miles on a full charge. Worse yet, it features the same dry-heave-inducing design for which American cars have so long been know. The sad part is that they didn’t have a 7th grader do this design; it’s put together by a large team of very well-paid professionals. Make sure a bucket is handy and have a look: (more…)

Absent Friends

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My wife and I had some shocking news this morning when she was told that the husband of an old friend of hers was stabbed to death by a random nut in a pub last night. I didn’t know him that well but we’d spent some time with them and he was a very decent, hard working, family man who leaves a wife and two children behind. Just incredible, and a reminder that very bad things can happen to good people, and that people don’t always make it to three score years and ten even nowadays. After two close friends of mine died within three months of each other two years ago that is now three people in my circle all dead from various causes in their early to mid-40s. Very bad luck and extremely thought-provoking. (more…)