I’m very glad that this storm wreaked havoc across Florida, as it put to bed the idea of moving to that bedraggled state at House Fly. Over on Wall Street, traders are enthusiastic, thanks to the perfumed scent of money wafting through the sky. Irma was bad, but hardly catastrophic, from a bankers point of view.
As I type this, from the darkest corner of my oversized house, lit with candles and the imbued with the tunes of Duke Ellington eerily echoing throughout the hallways, futures are frantically higher.
More than that, I’m heading into the morning session overweight a Floridian insurance stock that was placed upon the rack and shredded last week. Here are the stock, courtesy of Exodus, that will be in play tomorrow.
I knew the sector was oversold, based upon historical precedence on Thursday — because that’s what the software was built to do. Look.
Some of the crazies even started to hit life insurance stocks, domiciled in the midwest, as if Irma was readying to unleash an apocalypse on America — leaving millions dead in its wake. These are always the best opportunities. I bought AEL into the maelstrom and will be profiting soon.
As for my PGTI, FAZ and FIZZ positions. I think it’s fair to say this storm created enough fright to make PGTI’s sales pitch a bit easier for hurricane proof windows. People are still parched as fuck, running away from a category 1 thunderstorm and the banks are still screwed, unrelated to the storm — but thanks to the yield curve.
My weekend was fine, otherwise. I didn’t do much, other than saunter around — reading things — drinking a few cocktails — eating a few foods.
See you in the AM.
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You could make a real nice Floridian wearing your shorts and a Jimmy Buffet type shirt and all.
The eye (what is left of it) is now passing by- Bye Bye Irma.
I understand the other plays, I don’t get how Floridian thirst boosts FIZZ stock price. I do like the PEP buy out story. You have saved my book.
-Hack