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Nutbag Watch: Kim Jong Il was back in the atomic saddle again over the weekend, conducting an underground nuclear test and firing off two short range missiles in defiance of the rest of the world. The U.N. quickly condemned the tests but the added instability factor is sending equity futures slightly lower, the dollar [...]
We spent last week slowly adding to positions, but the cash balance in the $10KP remains north of 60%. See Monday’s post for wrap comments. Have a good Memorial Day.
To you current servicemen and veterans, you have my humble appreciation. Have a safe and Happy Memorial Day. I expect today to be fairly dead as people head out of the office and off the trading floor early to stretch their Memorial Day weekend. While Asia ended lower on the heals of the slide in [...]
News You Should Know About Watch: "Cash for Clunkers" has been added to the so-called "American Clean Energy and Security Act of 2009". The vouchers to swap out your gas guzzler actual increased from the draft proposal. Good article showing the disparity in Cap and Trade for dispersion of carbon emissions credits as the plan [...]
In Today’s Post Holdings Watch Commodity Watch Oil Inventory Preview Stuff We Care About Today – HGT thoughts, drybulk multiple update, deal watch, EOG, SWN CEO swapout Odds & Ends Holdings Watch: No changes yesterday. Commodity Watch The July contract, which takes over as the front month contract today, rose $0.51 to [...]
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