Will the market go back into “I Don’t Care Mode”? This is the question investors must ask themselves if they’re playing this week. Other than constructive housing data that continues to dribble in, all of the other news is complete and total ass. But will it matter? Take the Moody’s downgrade of France last night….
Clips from Today’s Fast Money
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Marco Rubio Explains How Old the Earth Is
Marco Rubio is a winner, he could quite possibly save the Republican party in the future. I know they’d never do a two-Floridian ticket – but a center-right, business-friendly Jeb Bush / Marco Rubio combo would be formidable in 2016, for example. And the man can dance. See how he deftly he answers this loaded…
SNL’s Un-Aired Guy Fieri Skit
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Steve Wynn Cashes Out Ahead of the Cliff
You’ve got to hand it to the man, he certainly puts his money where his mouth is… Take Steve Wynn, the casino magnate, who has been a vocal critic of higher tax rates. He and his fellow shareholders in Wynn Resorts, the company announced, will collect a special dividend of $750 million on Tuesday, a…
re: the rally
A few things here – First, today’s snapback rally was one of the more predictable of the last few years. We talked about the setup for it yesterday. Everyone was too negative and stocks had dropped too far too fast. Oversold conditions were obvious by mid-week and by Friday they had gotten totally carried away…
The Difference Between Skill and Luck (or why basketball > hockey)
Basketball comes closest to chess in terms of being the game with the most skill involved. In comparison, hockey looks more like the lottery
Behind that Riveting John McAfee Interview
In case you missed it Friday, CNBC’s Street Signs somehow wrangled an interview with anti-virus software pioneer John McAfee, who is currently on the run from authorities in his adopted home country of Belize. The interview was banoodles, McAfee is wanted for murder and suspicion of meth manufacture and dealing. He insists there’s another agenda…
Vacation in Your Hometown (SNL)
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Three Positive Signs In a Dismal Market
First, let me apologize on behalf of the markets for the fact that the fundamentals began mattering again and no one sent you so much as a text alert or an email. The market tends to do that sometimes. Just when everyone had settled on “the Fed is all that matters” and “Chase for Performance…
