Where the fook are you randomistas? Alcoa rocking, I'm making a little money there. Other than that, not much going on.
Well, I guess this is a case of my analysis being wrong, but my trade being right. I had reasoned that the metal/mining sector had bottomed some weeks ago, and I reasoned that the best stock in the group was Alcoa. Since then, the sector has underperformed the market, but Alcoa just keeps marching on. I've only had one losing week in the last ten and have made up most of the losses I took earlier in the year after the small cap selloff (which is still going on). Tonight I'm staying home, sipping wine, writing a future best seller and waiting on pins and needles to see if the new tenants that have moved in are going to be loud partiers. I fear that they will be, they've already played some loud music earlier today, and it looks like they left a little while ago to go party. If they bring the party home, they will face my wrath. What are you randomistas doing out there? Making any money in the markets?
It will just add more cost but should not too much extra. It will most likely defer away some who just cant be bothered setting up and will reinforce my beleive that the most heavily subsidised industry in the world is lawyers and accountants who are also to blame for the worlds problems : -- just a little random rant for the random thread. ............. On another point.... Berkeley Mystery Walls
What's up, randomistas? Saturday night, staying home, drinking beer and reading Barron's. I've only had one losing week in the last twelve! (It still isn't enough to recover the losses from the small cap selloff earlier in the year, though.)
"Excluded from the list is the latest default by Argentina since, like the Chicago Cubs, anybody can have a bad century." - Randall Forsyth in this week's Barron's.
Crap. My first losing week in 7 weeks. Specialty Retail has been the leading sector for the last two weeks now, jibing with my analysis that the retail sector is due for a rebound. Not only that, the consumer non-durable sector was the second best performing sector this week - and guess what? It was clothing stocks that led the sector. However, my belief that the bull market will remain in place has been shaken. This week the bear stocks overtook the bull stocks (stocks with short term moving averages below the long term moving averages). The last time the bears overtook the bulls was in the week ending 5/2/2014 and as we all know, the bull kept on marching anyway. But now there is a difference. Back then, the new highs still outnumbered the new lows. Now the new lows outnumber the new highs.
The leading theory is that the walls were built by Chinese immigrants - but why? Nobody seems to have an answer.