- I wonder how many folks got whiplashed on Albertson's stock? Ouch! Talk about a lump of coal in your Christmas stocking. Heck, that might be a lump of something else.
- Michigan sentiment up. That's consumer sentiment; although, I'm sure their fired up over their Wolverines. It is Bowl Season after all.
- The Death of Bling? Barry Ritholz discusses it over at The Big Picture. You know, it's kind of funny how fashionable words evolve in this society. Lately, much of the hip words come from the hip-hop community. Whether Snoop or Eminem or whoever. By the time 40-yr olds are catch wind of the popular slang, the trend is about over. It's too late. Maybe it's a lot like investing that way.
- How is Investing like Hip Hop slang? By the time the crowd catches on, the trend is over! Maybe Steven Levitt needs to put a chapter in Freakonomics II about it.
- Albertsons has some nice new stores, though. In Las Vegas, that CVS pharmacy on the strip sure was crowded. Heck, I went there to pick up a few things.
- The Fun Factory is over half vacant today. Those who are here, are milling around eating pastries and holiday snacks. Except for me. Although I did manage to get a few candy canes and some chocolate Santas befure I hunkered down.
- The market? Heck, pedal to the metal. Might as well hope for a Santa Claus rally. It's tempting to cash in some gains from the October move.
- Emotionally, I'm being swayed by this Bear Argument that next year we're going to crash or have some sort of slowdown/recession. And maybe there will be some hiccups over the change in the Fed.
- Then there's the election year trend which tends to produce a both a big sell-off and a big rally.
- Wall of worry. Pedal to the metal.
- Lunch today? I'm thinking about hitting the stores for a longer-than-usual lunch. Maybe pick up a few things. Including a sandwich somewhere. Maybe a toasty Quizno's sub. How's that sound?
- Regarding video game stocks? I think they're in a lull because nobody wants to buy games for their "old" systems, the supplies of the XBOX 360 is limited, and the Sony Playstation 3 isn't out yet. The first round of games for the XBOX 360 blew, as game makers haven't found that technology sweet spot. They'll get there. So, a little weakness in that area might present a good buying opportunity down the road. Just thinking out loud.
- Speaking of College Bowl Season, see Navy's wishbone confuse the heck out of Colorado State last night? Hoo, that was just nasty. The Rams were totally confused. It's probably tough not seeing that kind of offense all year, and then face it after a few weeks off.
Friday, December 23, 2005
Investing Hip Hop
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