Long-short model update... Buy signal on the IDU, everything else status quo. Buys on all stock indexes, sells on gold and oil. Although oil appears to be extremely oversold and due for a rally.
Market selling off this morning. Why? Retail sales are horrible. Auto sales are horrible. Well, gasoline has acted like a huge tax on consumers. The other thing few ever mention, is that a few years ago auto companies had 0% financing. The warning at the time was that this would steal from future auto sales. Well... That could be part of it.
Meetings all day today. Even over lunch. I hate that. My boss says, "It's the only time open on your calendar." Okay, note to self: Recurring meeting from 12-1pm at Subway. Daily.