So the market has broken out of its trading range (granted it is on thin-volume bullsh*t action), the VIX is crashing, and the Obama inauguration is coming up (so is that juicy $1 trillion stimulus for Wall Street). Given all the News Year's optimism and HOPE (THAT IS FOUR LETTER WORD WHEN IT COMES TO INVESTING!!!), this rally might last throughout January. Of course, the BSD's (aka Hedge Funds/Institutions) will be back to work on Monday, so we shall see if THEY CHOOSE to bid up stocks and promote the "OBAMA BUBBLE," which will ultimately prove to be just another Bear Market Rally.
To ride this likely rally I will get long Solar, Building/Construction stocks, and maybe....just maybe...Real Estate, ewwww :-(
1 comment:
http://npc.press.org/video/player.cfm?type=lunch&id=16709
This is a good video, it was recommended by Gorman.
Post a Comment