Friday, September 10, 2010

September Rally Continues

The market continued to rally today, although on very light volume. Also notice how the semiconductor stocks are not participating.


I go into the week 100% long, but a little concerned that maybe there is some selling ahead of us. And also concerned that my fantasy football teams may be a little underwhelming.

  • So I read an ebook this week. Ultimate Dividend something or other via the Kindle app on the iPad. Its from a guy at Morningstar who, ahem, writes their dividend investor newsletter The thought is, that growth stocks underperform quality dividend stocks if you reinvest dividends. Of course we are in a ten year period of that. But it seems to be true over historically longer periods, a long as one follows certain rules. Eh. It was a good read, though. A food for thought kind of book.
  • 10yr Treasury drops 2.5% in ten days. Yup. As I have been blogging, it won't end well for those rushing into "safe" treasuries.
  • President Obama says voter anger could hurt Democrats in November. Wow. Who knew? That's completely out of left field. I thought those tea parties were all about the Earl Gray.
  • So Marshall had a nice lead hosting West Virginia. In the 4th, Marshall up 21-6, fumbles at the WVU 4 yard line. Blah blah blah overtime blah blah blah WVU wins. Go read about it. Amazing, yet predictable, comeback.




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