Sunday Randomosity and Kim Kardashian

• I am still long stocks since the Oct 15 buys. I haven’t seen a reason to sell and believe that the trend into year end will be up.  Yes, the market is overbought and maybe the run into the end of the year won’t be straight up.  But I think winners will continue to run as folks won’t want to sell them and will want to own them.  In addition, there isn’t another place to put money right now.
• Kim Kardashian’s butt is pretty unreal.  It’s like an anime butt, where the artist can exaggerate features. There seems to be a fan club of folks who love that butt.  Not that there is anything wrong with that.
• “China’s central bank surprised markets by slashing its one-year benchmark lending rate 0.40 percentage points to 5.6%. China last cut interest rates in 2012. The move follows a disappointing growth rate in the latest quarter. The nation’s economy expanded 7.3%, marking a five-year low.” – The markets love stimulus. It seems like whenever a central bank announces free money, stocks rip.  How long can this go on, though?
• NFL Sunday means 7 hours of the Red Zone Channel!  Gee, no wonder I can’t get any work done on the weekends.
• Josh Gordon back in the Cleveland Browns lineup!
• Obama goes commando with the Immigration executive order.  I think he was just playing the race card and trying to incite enthusiasm in minority voters by pitting them against what is seen as a “White GOP.”  Although in the election, Whites and Asians voted GOP, and an increasing number of Hispanics also voted Republican.  Hey, maybe folks don’t like to get “Grubered.”
• Remember when stocks were selling off a few months ago, and the Wall of Worry included things like Ebola, Russia in Ukraine, Middle East ISIS turmoil, and the Green Bay Packers off to a slow start?  Only one of those things has resolved itself, yet the market storms higher.

Monday Market Thoughts

• I suppose at this point, some folks are looking at the current rally and thinking that it looks familiar to the September 2002 bottom and subsequent rally. I believe that rally was about 20% or so, followed by a retest of the 2002 lows in March 2003.  (I mentioned this earlier, but I like to repeat myself.  LOL).
• So is that carved in the stones?  That's my best guess.  If this rally fades, then the lows of 2008 could be retested and that would complete the Deja Vu.
• I remain 100% long, but that doesn't mean I won't try to dance along the edges a bit with regards to beta.
• Have you put up your new 2009 calendar yet?  You could do worse than Kim Kardashian's all-new calendar for 2009.
• Are we finaly through with the Holiday Programming?  It's been about all I could handle.  Lets get back to our favorites.  Bring back Heroes and Lost.  Lets give Jack Baur a shot in 24.  Where'd we leave off in Life on Mars?  It's important!
• Here are the TV battles and schedules.
• President-elect Obama looks to move swiftly in passing an economic stimulus package once in the big chair.  The specifics are still lacking, but my guess is that it will be heavy in tax cuts for those who don't pay taxes and also building lots of roads and bridges. 
• Apple's ($AAPL) Steve Jobs stuggling with his hormones. Fortunately, after further testing, my doctors think they have found the cause -- a hormone imbalance that has been "robbing" me of the proteins my body needs to be healthy.  Stay tuned.  Sounds strange.
• Matt Smith takes over as Dr. Who in 2010.  So is he now "Dr. Who-elect?"
• How overbought is the market?