Market up despite the gloom and doomers. Wasn't it just the other day that they were declaring the bear market rally over? Who wants a do-over on that call?
I remain 100% long, Nasdaq heavy.
Paraphrasing Yahoo Finance, today's rally was based on good news from retail and jobless claims fell. So, you think folks are out spending those tax rebate checks? I do. Good luck to the bears expecting a negative GDP in the 2nd quarter. I don't think it's going to happen.
The Black Box gave a major buy signal on financial stocks last night. JPM came to the top of the list. No positions for me yet. I wasn't near a PC this morning.
Life at the Fun Factory? My fun meter maxed out about 7:45 this morning, but I have to stick around anyways.
Lakers-Celtics tonight. It's the biggest understatement on the planet to say that I'm looking forward to relaxing with a few beers in front of that tonight.
CHEERS! Maybe some randoms later or some LIVE BLOGGING during the game. It'll get better after the 3rd beer, too. Promise!
Work. Spend. Play.
Market up despite the gloom and doomers. Wasn't it just the other day that they were declaring the bear market rally over? Who wants a do-over on that call?
I remain 100% long, Nasdaq heavy.
Paraphrasing Yahoo Finance, today's rally was based on good news from retail and jobless claims fell. So, you think folks are out spending those tax rebate checks? I do. Good luck to the bears expecting a negative GDP in the 2nd quarter. I don't think it's going to happen.
The Black Box gave a major buy signal on financial stocks last night. JPM came to the top of the list. No positions for me yet. I wasn't near a PC this morning.
Life at the Fun Factory? My fun meter maxed out about 7:45 this morning, but I have to stick around anyways.
Lakers-Celtics tonight. It's the biggest understatement on the planet to say that I'm looking forward to relaxing with a few beers in front of that tonight.
CHEERS! Maybe some randoms later or some LIVE BLOGGING during the game. It'll get better after the 3rd beer, too. Promise!
