Thursday, March 31, 2011

MLB Opening Day Randomosity

  • imageLast day of quarter!  So we interrupt our regularly scheduled stock market activity for quarter-end mark-ups.  Seems like maybe that’s the reason for the rampage the last week, eh?  Plus, we have the monthly strength cycle as 401(k) money is dollar-cost averaged into mutual funds.
  • Why fight it?  Not doing any trading today. Just watching.  Still long, but in low-beta stuff.
  • Baseball opening day!  Tigers and Yankees streaming on my computer as I type.  Another $100 down the drain.  (And that’s Minami Matsumaka playing for the “Naughty” team.)
  • Gold settles in at record highGold futures notched a nominal record high Thursday, as a weaker U.S. dollar, ongoing instability in Arab countries and euro-zone debt concerns lured investors to the precious metal.
  • Keeping it short for now…

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