January can usher in true deacons of death; but it’s not gonna happen in 2014. Don’t ask why. Worst case scenario, the market bugs out and we slide another 3%, closing out the month -3.5% for the month. Oh the tragedy!
Bear in mind, if we go down in January, we’re gonna forklift in February. There’s no escaping this brazen bull market. It’s the sort of beast that roasts you alive and you’d be the better for it.
Don’t bet against The Beard and it’s probably not a good idea to bet against “YaYo Yellen.” Not only is she a dwarf-like woman/creature, occupying the seat of legend, controller of the monetary base aka “The Devil,” she needs to make her mark immediately–else be considered a mistake.
You wouldn’t like to be called a mistake, would you?
There’s no point giving picks this evening, as I am likely to change my mind as I go. Sure YELP is interesting 10 points lower and I certainly like a biotech hand-grenade, every so often. But my current positions suit me just fine.
You won’t hear me repine, following a +70% year, while starting January with a graceful +4% start.
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Amazing post. Epic.
The Fly is God.
all is well in the world now!!! Zombie is back.
long GDSI.
The first woman as clam will not be allowed to flail for at least a year. The war against woman must end. So it will.
Not that this means jack shit, but fear does not seem high at all here. IBC is totally mellow. The comments are oddly quiet.
Can Yellen stand up to Stanley Fischer? That dude is said to be anti-QE hardass.
Cape rates down from +38K to $13600?? Rut roh…BALT gonna seek a new channel to trade…$5.50-$6? or back to 4.5-5?
Free advertising in a Marketwatch blog this am: “Retail sales, Shanghai, and don’t bet against the YaYo Yellen effect.” Link is apparently broken, but comes up in app.
THE FLY HAS GONE LEGITIMATE.
BANKS