Not much to add, other than the obvious. The fucking market wants higher. You can try to fade the close and hope for one morning weakness. But overall, that’s probably a dumb thing to do.
I think the next trend in the market is to buy shit, highly leveraged, indebted, piece of shit companies, especially in retail.
Retail has been tossed into the flames this year. But look at BBBY today. Look at the sector, on a whole, and there are some interesting cross currents.
Long day here, once again, at House Fly. I’ll try to blog tonight after seeing what the Asians do with their stocks.If you enjoy the content at iBankCoin, please follow us on Twitter