Wednesday, October 27, 2010

Happy Meals and iPads!

Is there a flight to quality stocks? Are we talking Happy Meals and iPads?


This article from CNN ponders if there will be a flight from yucky stocks to quality stocks. Jeremy Grantham, who has a name suspiciously similar to the alias of character John Locke on Lost, seems to like stocks with low debt and high, stable returns. Talk about going out on a limb with some crazy ideas!

Well, it sure seems as if that is happening. As the rally continues, the leaders are acting well even as some other stocks are blowing up. Today an exception as things are being sold. Although the NASDAQ is outperforming.

Geez, the NASDAQ just turned green.
***
Lunchtime. Veggie burrito. Rice, while black beans, lettuce and pico de gallo. Add some salsa. Eat the same thing everyday. And will continue to do so until the bull run ends.

Am I superstitious or just too lazy to go somewhere else?

Hmm...

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