My short-sale idea for Floor & Decor (FND) is doing well. It is down about 25% since my first post, and I think it’s got plenty farther to fall.

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My short-sale idea for Floor & Decor (FND) is doing well. It is down about 25% since my first post, and I think it’s got plenty farther to fall.

I wanted to commemorate a full 30 days passing since my solemn pledge to not talk smack about your hero. I think I’ve done an admirable job (plus it saves me a huge amount of typing and emotional energy).
I was actually amazed to run a poll and discover people PREFERRED when I was bloviating constantly, but a pledge is a pledge, and I’ll simply go on being boring and talking about charts and dogs until 11/1.

Yesterday’s CPI was somewhat of a yawner (inflation coming in a little hotter than expected), so I didn’t expect much from the PPI. Well……….

That’s right: annualized Core PPI is at 12% and month-over-month, annualized, comes in at 16.8%. Hey, didn’t the administration say inflation had been conquered? I guess not.
(more…)I found this awfully touching…….