It’s raining and windy in New Jersey. Thus far, the electricity is holding up ’round these parts–but might go out later tonight. In any event, there is a generator and 20 gallons of gasoline in the garage to defend The House of Fly against such extremities. We are not in a flood zone. However, without electricity, sump pumps fail and basements flood.
Last I checked, futures were lower. For the love of Donald Trump’s unparalleled generosity, I don’t know why. Natural disasters are good for GDP, in a macabre sort of way. People need to chill the fuck out and acknowledge the power of The Turkey Gods.
Get out there kids and stock up on some furry boots from DECK, for The Winter is Coming and your feet are going to be cold.
GNRC is killing it with generator sales. HD and LOW were positively jam packed.
Refineries do well because people horde gasoline, not just for cars, but for generators. My friend owns 3 gas stations and hasn’t slept in a week. Business is booming.
Many moons ago, I created a “Hurricane Watchlist” inside The PPT. Whenever an event moves a specific sector, I like to create a watchlist and save it for future reference. Think of it as a stock market diary of sorts, a reminder to buy certain stocks under specific conditions, like hurricanes, terrorist attacks, war etc.
Here are some stocks of note from my Hurricane Watchlist (members can click on link for actual list)
59 Responses to Fly’s Weather Forecast: A Strong Chance of Rain
by the way, bloomberg was all about chilling the fuck out and having a sandwich during his press conf today. he was wearing top hat and sipping his tea while saying so.
Great list Fly!
By the way, is your Money Machine book recommendation about KKR?
Or is it a different one?
Yes KKR. Great read
Markets are closed. How do after market or pre-market trading fit in to this picture?
Which means that Mkts are closed. There is NOTHING to trade until we re-opeen tmrw or wednesday. Obama will take advantage by acting ‘presidential’ and making speeches showing how he cares about people in the storm.
It’s horseshit. He couldn’t care less about US citizens in the storm. He also did nothing to protect US citizens in Libya .I’m enraged that the Brotherhood “infiltrated” the Government of Egypt and Obama did nothing. I’m enraged that there were Spectre gunships on Malta that could have protected the SEALS but weren’t allowed to be brought in by this administration. I’m enraged that the media will give him a pass on this because it is run by the left and they will now talk only about the storm.
If the Obama Administration is willing to overlook the deaths of an American Ambassador and three other US citizens and cover up their responsibility for it as well as the destruction of an embassy, in order to curry favor with radical Muslims and give them cover for a Terrorist attack, I can only imagine him bending over backwards to placate and give-in to an entire elected government of a major country….and, again, at the expense of the sovereignty of the United States.
I cannot believe this election is as close as some of the polls have portrayed it
Why didn’t we sent the helicopter gunships into the vaccine formulating lab in Massachusetts, which Has resulted in the death of SIX TIMES as many Americans?
Libya, Shmibya. Just an overblown attempt by the right wing nuts to try to Carterize Obama.
Maybe cuz that was an accident, dumbass?
Accident my ass. Those walking thru the plant could see the contamination and shit all over. I say take the summbiches out with USA gunships!
stop dropping acid, lib
Your comments are blind and toothless.
If FEMA does a better job with this storm than Bush did with N.O., Obama will be re-elected … Write it down.
Odd, no? But true … watch!
Yes, he’ll be elected in New York and New Jersey.
Meanwhile our good friend, Ben Ghazi, awaits further traitorous revelations.
PA, NH, Ohio, IL, MI, VA, MD … It only takes OH & FL for electoral college votes … 60M people reside in the northeast. Colorado & Wyoming won’t help the Mitten.
LOL @ Va.
Mitten doesn’t need any help. If you and Obumbles are going for the FEMA Hail Mary, here, well…
(and let’s hope the looting doesn’t screw up the narrative)
Obama cancelled two campaign visits but is making several others. Nonetheless, as expected, the media headlines are along the lines of “Obama cancels campaign events, returns to Washington to monitor storm.” Think any of this is an accident?
Mkts are closed: Im right wing, but who cares what the prez’s motives are for being a great leader during a disaster? If he is, it’s a great thing, because the situation calls for it. Stop being a douche and buy the GNRC.
29K power outages on The Cape now and wid gusts to 81 MPH on Cape Cod Canal … The Bourne Bridge s/b closing soon (Sustained wind of 75 mph is the line in the Sandy) ….
West coast warming up, unseasonably, and untimely, just now.
Storm forward motion 28 mph reported on the 2 PM advisory. I take this as basically good. It will hurry ashore and begin to dissipate.
Obvious tip: Don’t run the generator inside an attached garage, or a detached one for that matter. That shit is dangerous
And a marine bilge pump attached to a battery can bail you out if your sump pump goes off line ….
and dry ice for the freezer …
It’s getting windy as hell here in Queens…I’m going to be pissed if a branch falls on my car!
Dumb question. Why are the markets still so dependent on people showing up to buildings in lower Manhattan? Large companies have figured out that it makes good business sense to spread systems and staff across geography. But the financial markets remain dependent on lower Manhattan. Was nothing learned by this industry from 9/11, Katrina, etc.?
That’s not a dumb question.
I want answers!
WARNING YZC “Yaazhou Coal” was downgraded today
Notice: Any ne’er-do-wells attempting to loot the empty residences of Battery Park City will find themselves on the business end of my Ninjato. OK it’s plastic but there will be bruising.
PS — if you live in BPC, you should own some UBA, as Charlie Urstadt (one of the “greats”) built that shit for you.
Have you heard about the beached whales and the Navy? How about HAARP?
Got to admit this storm has impeccable timing.
So HAARP causes hurricanoes, now?
You are obviously familiar with the work of nicolas tesla? Or let me guess, you understand physics better than him? Is that your assertion?
Jake understands everything better than everyone. Don’t believe me, just ask him.
Better strap on our hip waders Dr Fly
Everyone was asking earlier where the Fly was all day.
No shit? I heard he was busy looking in the mirror.
doubt it, no one knows where the fly goes.
We are getting what we deserve. Scientists tried to warn us about global warming decades ago. We cursed them out, called them liars and politically driven shysters. Karma’s a bitch. Enjoy the rain.
So this hurricano is about global warming and last year’s LACK of hurricanoes was a result of … what?
Don’t tell me… “climate change!”
The temperature of the gulf is the highest it’s ever been. This doesn’t create hurricanes. It just makes for meaner ones.
The highest it’s ever been since when? The Medieval Warming Period? The Third Ice Age?
The arrogance of short timers…
Since 2002. I’ve been here since ’49
Which came first, the global warmists or the economy? Which came first, the weather or the weather man? Who keeps track of these things, and why? Which came first, the rhetorical question or the rhetoric? I just want to know who keeps track these days.
What global warming? Hasn’t been any for quite a spell.
As for the warnings decades ago, was that right after they stopped warning us about the coming ice age?
North America has many ruins left by men forced to migrate due to the forces of nature.
We have only had major stationary cities in this country for 200 years…that’s nothing and will inevitably change.
OK, NOW will Obama release the Stat Reserve Oil???
No. But he will fly air force one over manhattan, with a full escort for a fucking photo…..
Really??? Because the most current news report, on my end, http://www.theatlantic.com/politics/archive/2012/10/could-a-hurricane-like-sandy-postpone-the-presidential-election/264254/ shows Obama walking through the rain with no protective gear.
Lot of oil production in NY and NJ? I must have missed that one.
Po, Yep lots of Oil Production, but a release of Oil will drop Nation Gas Prices which could be the key in winning the election
Depending on how things unfold, this may turn into some historic moments in trading history. Gamble on gamblers.
Fly, you still hold IDTI? What did you make of their earnings report today?
Hope you guys out on the Coast are getting through this alright.
CNN just reported the NYSE has 3 ft of water on the floor of the exchange
I hope every Robo trading machine on the NYSE is destroyed. Market could be down for days.