- Back after a few days in Las Vegas. Didn't fare too well at the tables or slots, but did well on the sports bets.
- All I hear and read about is "recession." A bit of overkill on the pessimism. It's Christmas. The eggnog cup should be half full!
- I haven't started Christmas shopping yet.
- After just a few days away I feel a bit disconnected from the stock market. It's getting late in the year to stage any impressive rally to all-time new highs. I'd expect options week to have a positive influence on stocks, but maybe everyone is in Holiday mode at this point. Volume will probably be pretty light through the end of the year. I'm remaining 100% long at this point.
- Interesting comment in Barron's over the weekend about how the average gain in the DOW is 18% the year after 3 consecutive rate cuts from the Fed. Of course, now that we know that... ahem.
