There are a lot of random little things worth mentioning, but none of which that deserve its own post. For example, Macy’s beat on the top and bottom line; but do you really give a shit?
I thought not.
Gold is higher by 0.8%. The yen is up almost a full percent vs the dollar. The Japanese are truly doomed.
Europe is lower, with the DAX leading the way, -0.8%. On a side note, Germany posted its largest trade surplus since reunification.
WTI is off by 1.1%.
Time is thinking about buying $YHOO. What a fucking joke.
Goldman upgraded LNG. Why?
Everyone with a series 7 downgraded FIT this morning. That is truly an abysmal company.
JP Morgan downgraded SCTY and RBS is coming to Ackman’s rescue, suggesting the selling in VRX is stupid and totally without merit.
X, MT downgraded by the cowards at Cowen.
FCX downgraded to sell at Citi.
That’s it for now. I’ll be selling some SPY today, then eating a few sandwiches–in that order.
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Munch food for thought here.
Rome was such a good show. so much potential
I hear “Vinyl” is good.
The ark is taking on water. That’s nice to see.
Also the yen has reversed. Also nice to see.
LNG is one of those stocks that seems great. I’m amazed it’s @30, but I was amazed @ 40 and 50 as well. The 5-year chart is really remarkable, and would make an excellent Coney Island roller coaster. It’ll probably be fine once exports begin and several of the trains are running – say 2 years from now. I’ve had a small position in CQP for several years – for a company with no revenues and gobs of debt it pays good distributions.
Natty gas is expected to go into a shortage back half of 2016….. do your own homework or rely on someones opinion to guide you….