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Thursday, April 25, 2024

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  1. phil

    Good morning!  

    I love it when a picture can sum up a concept so nicely:  

    Cramer's in a suit – the push is on!  

    Car sales/StJ – That's why I still like F into next year.  

    Indebtedness/StJ – BUT, if you take out the top 1%, we shoot right to the top.   You have to be very careful of financial data in countries with such tremendous levels of income disparity as averages are horribly distorted.   

    Also horribly distorted is that ECB "game" where you have one tool and no information other than trying to nudge the chart.  What does this teach anyone about Central Banking?

    Minimum Wage/StJ – See, if I keep whining about something for a few years, other people pick up on it eventually!  😉 

    GM/QC – Nice 

    FTR/Samz – That's why I kept pounding the table on them, they were down because they passed on another deal but they  did it so they could do this one.  Analysts are just idiots, unfortunately.  You can still sell the 2015 $4.50 puts for .55 so that's a good way to chase them.  

    Good call selling though, $5 is fair.

    And what Bruce said (short /CL at $98 with tight stops above).  

    Cash/Shadow – I feel very good about it.  

    Woops, and there go the indexes.  Down sharply all of a sudden.  



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