Tuesday, September 22, 2015

Sell Rosh Hashanah Buy Yom Kippur

  • Today is Yom Kippur.  Are you buying stocks?  
  • Hillary Clinton killed the biotechs yesterday by lashing out at high drug prices.  Well, I don't want to be bipartisan.  Maybe it was Ben Carson's comments regarding a Muslim President that sent the drug stocks tanking.  Maybe!
  • Reason du jour for stock sell off:  Slowing global growth.  It's always something... 
  • I'm long stocks. Might buy a little more today.  Almost fully invested as it is, so riding this down.  Not too worried about the long term, but looks pretty volatile right now.
  • Colts 0-2.  Hey, out of control beard Andrew Luck, you were supposed to win the Super Bowl!
  • So, Fear of the Walking Dead has been pretty good. Yes, the last episode was a brief pause in the downfall of LA.  Sort of.  I mean you can see that life has changed and it won't be getting better.  But we know how things look a few weeks down the road due to The Walking Dead, right Rick Grimes?
  • Russia is expanding their military role in Syria, as if they paid no attention to how the US fared in Iraq and Afghanistan.  Or how the Soviet Union did back in the 80's trying that.  Tough to occupy a country when they ultimately don't want you there.  The reality is that while this is being seen as Russia flexing their muscles, they will lose some lives and spend a lot of money trying to do that.
  • I think Donald Trump is ruining the election cycle for the GOP.  At this point, the Republicans may have to ride out 2016 and try again in 2020.  I think Rubio is the best chance now.  Carly would be fun, but the Left will hammer her for her reign at HP.  Gee, find a big tech company that did well during the 2000-2003 tech bubble collapse.
  • VM hammered for some sort of emissions testing shenanigans.  I wonder how common gaming the system is regarding that.  I'm taking the over.
  • OK... Home sick.  Going to see if this sucker sells down into the close.  Good luck.