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Today marks John Coltrane’s 85th birthday and the beginning of Autumn which is not a coincidence but more a poetry of timing and space. As if Demeter herself had somehow had a hand in the exultant nature of his work.
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Been watching this one chart fo the S&P 500 for a month since Peter’s series of posts in early August. I’ve drawn 2 lines on it and that’s it. Its still early but it does look like this morning offers resolution here. $SPX $SPY
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The NYT runs this piece yesterday on the Fall TV line up where the class warfare theme plays a prominent role. About one of them subtly called “Revenge” they write: And, fittingly enough, “Revenge,” an ABC series starting on Wednesday, is set in the Hamptons. Emily VanCamp plays Emily Thorne, a young woman bent on getting even with…
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I always connect music with the weather. Summer is the southern rock, winter is the Brazilian jazz … Last night, Autumn most definitely began tumbling in. Neil Young is all about the Autumn so Live at Massey Hall 1971 goes on the heavy rotation…
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Reporters are never the story and when they try to be I call bullshit. I say this in light of the Mike, Paul and Erik idiocy over the past week. Hey fellas, write me a story about Yahoo getting sniffed by PE firms or Kvetchr, the latest socnet for yentas, but please spare me…
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Its easy for people to give good advice on how to live and invest but much harder to take it to heart. One critical variable in determining whether people follow and dedicate themselves to wisdom is the authority of the adviser. This document, which has been making the rounds, was written by Ray Dalio. For…
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It feels good to get your ideas out in the world, leave a little of your imprint around. I have never lost anything by giving ideas away. If people find it useful, it makes me feel good. – Gerald Appel The above quote was emailed to me by @gtlackey who said it made him…
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Asensio has been shorting stocks for a long time and he’s like a pit bull who locks jaws once he gets his teeth in. Today, $NFLX is trading down big time pre market and has been falling steadily since July on the initial Starz news and after a truly historic run. This clip from…
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Amazing to me that the recently released Census Bureau report entitled Income, Poverty and Health Coverage: 2010 (see below for the Bureau’s power point presentation) has not garnered much more attention. For those with an extended time perspective, the report demands close attention as these trends begin to take shape around higher poverty levels and an…
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Its a good thing that Amazon ($AMZN) customers do not have to pay sales tax. How else would the etailer possibly keep up with the likes of Best Buy ($BBY) who continues to crush the ball like Roy Hobbs. Just look at the numbers. This morning, $BBY raised per share earnings guidance and will…