10 November 2009

No Convictions. For the Market or Bear Stearns Hedge Funders

High risk names outperformed yesterday in a big up market as you would expect. But without conviction. Today the lower risk names played catch-up. The 5th day in a row for a DJ30 gain. Yawn. The S&P500 loses a basis point. They're tiny so not too surprising. The big winner MON. Excellent news. Without question the finest stock in the SP500.

The word for today? Charticle. That's what this blog aspires to do: deliver the most information with the least bluster. Which is not to say that we can't do bluster. Maybe tomorrow.

No comments:

Post a Comment