Have a relaxing weekend, guys.

Stop to B/E

Finally able to move the protective stop to breakeven and call it a day. I'll post the gratuitous cute chick pic later.

GOOG, 5-minute Chart

Stocks to Watch -- Friday, October 22

Best and Worst Performing Small-Cap Stocks (year-over-year)

I scanned my universe of small-cap stocks for the best and worst performers over the last year. It pays to be aware of what's strong and what's weak.

Best:

• Petroleum Development Corp (PETD)
  {independent energy company... natural gas and oil}
• Veritas DGC Inc (VTS)
  {provides integrated geophysical services to the petroleum industry}
• Cleveland-Cliffs Inc (CLF)
  {producer of iron ore pellets, sells to integrated steel producers}
• Southwestern Energy Co (SWN)
  {integrated energy company primarily focused on natural gas}
• Stein Mart, Inc (SMRT)
  {off-price retailer}

Worst:

• FLYi Inc (FLYI)
  {regional airline, formerly Atlantic Coast Airlines}
• Odyssey Healthcare Inc (ODSY)
  {provides hospice care}
• Tower Automotive Inc (TWR)
  {designer and producer of automotive components and assemblies}
• Savient Pharmaceuticals Inc (SVNT)
  {pharmaceutical products}
• SCM Microsystems Inc (SCMM)
  {solutions that enable secure access to digital content and services}

Chart of the Day -- Swiss Franc futures, Weekly Chart

The Swiss Franc has moved to a new closing high. The chart is still telling the same story, but are you listening yet?

Swiss Franc futures, Weekly Chart

The Masters 100 Fund

I find this tiny fund ($59MM in assets) fascinating. I wouldn't invest in it (1.95% annual operating expenses and 500%+ turnover), but I love the idea of getting suckers, er, "master" members, to do the hard work of picking stocks for nothing.

The fund is exploiting something that all scientists know: when a system becomes complex, a collection of individuals often solve a problem better than any single expert. The trick is collecting the 1.95% management fee for yourself. Ken Kam is a genius.