The Reformed Broker, AKA Captain Dry Bulk, here with today’s Market Recap…
Quiet day on The Street today overall, but the China-related stuff was on fire. Aluminum, Building Materials and Steel names were all up nicely as of mid-day, but the show-stopper was the shipping sector in light of the DryShips (DRYS) earnings beat.
That schmuck Allen Stanford (Caribbean Ponzi) tried to surrender to US Marshals, but as they do not have a warrant out for his arrest, they told him to bounce. This guy’s unreal!
I want to take a moment to thank everyone for their terrific feedback this week on myWho’s Who of Financial Bloggerspost. I know I missed a handful of great bloggers, but all will be corrected in the upcoming revised edition.
I’ve left you with Come Sail Away by Styx in light of today’s nautical-themed recap. Styx is interesting as a band in that their best song (clearly this one) is also probably the stupidest thing they’ve ever written/performed. It’s about, like, angels becoming aliens, there are starships somehow involved with sailing…I don’t know, it’s dumb but fantastic.
Thanks for reading this week, have a great weekend!
Full Disclosure: I have no positions in any of the stocks mentioned.
I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them. For disclosure information please see here.
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Stix/REO Speedwagon are coming around this summer, you KNOW you want in!
Stix/REO Speedwagon are coming around this summer, you KNOW you want in!
Stix/REO Speedwagon are coming around this summer, you KNOW you want in!
thats some lineup…
lol
thats some lineup…
lol
thats some lineup…
lol
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