Sources tell me the Goldman Sachs CEO was seen in Europe over the weekend, helping to craft the bailout plan.
Also, with the futures indicating a weak open, one sector I will be watching closely will be the transportation stocks. Yup, that’s right, I want you to go Eddie Murphy-style and be a trannie lover. They are traditionally leading indicators, and despite hanging relatively tough so far, if they roll over you should reconsider your strategy if you are currently heavily long.
Specifically, I will be honing in on $UNP and $FDX.
FDX is the Grannie of the Trannies.
You want Grandpa to show you the way — UPS.
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Yeah, I was looking at that one too. UPS is hanging really tough so far.
Its only got about a hunnit (sic) years on FDX (called “the Great Pretender” in my house).
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Grannie of the trannies, eeek
Thanks gents!
PS– I always wondered what had happened to Cameron from “Ferris Buhler’s Day Off” after that movie.
Now I know, he’s become a boulangerie model.
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LoL yeah he is close to becoming a champagne socialist http://www.youtube.com/watch?v=caI6R4UrDfg
This “alternative to the dreaded CFC’s,” may be the reason CREE is running so ahead of itself:
DURHAM, N.C–(BUSINESS WIRE)–Cree, Inc. (Nasdaq: CREE – News), a market leader in LED lighting, announces general availability in late May of its new 6-inch LED downlight specifically designed for residential and light commercial use. Designed for both new construction and retrofits, the Cree CR6™ is expected to retail for under $60.
(prolly not much margin in that one… — ed.)
The CR6 is now ENERGY STAR® qualified and, at up to 64 lumens per Watt, boasts the highest luminaire efficacy of any residential ENERGY STAR-qualified downlight.
Featuring award-winning Cree TrueWhite™ Technology, the CR6 provides consumers with warm, beautiful light without sacrificing energy efficiency. The CR6 is a direct replacement for a 65 Watt 6-inch incandescent downlight and is dimmable to 5 percent with most standard incandescent dimmers. Delivering 575 lumens and using just 10.5 Watts, the new fixture is designed to last 50,000 hours and features a 5-year warranty.
“For the first time, there is cost parity between energy-efficient LED downlights and toxic CFL downlights,” said Gary Trott, Cree vice president, market development, LED Lighting. “Factor in the longer lifespan, beautiful color quality and higher efficacy, and the Cree CR6 makes choosing LED downlights a no-brainer.”
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It is a sick sick company.
Great post. Your megaphone top post from yesterday really helped me get ready for today.
Thanks–good stuff in the PG. It really helps to organize your thoughts like that.