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Thursday, November 4

The Daily Zinger

Like yesterday's example with MACE, ISON took off like a shot and required quick reflexes to catch (note the elapsed time on the equivolume chart). I missed it because I was watching Kings of the Cage -- Greatest Hits. Yes, I like watching no-holds-barred fighting on occasion... it appeals to my lizard-brain.

There were several good fights on the disc (I always like watching Jerry Bohlander for some reason), but the best one was between Duane Ludwig (5'10", 165 lbs.), whose specialty is Muay Thai, and Shad Smith (5'6", 168 lbs.), who listed his specialty as Streetfighting. (Smith claims to have been involved in over one thousand streetfights.)

Ludwig won the fight, and they really should have stopped it earlier because Smith was just getting wrecked at the end... anyway, what made the match noteworthy was that at one point Ludwig stepped back and struck the classic Karate Kid pose, you know the one, the "Crane," before resuming beating on the other guy. Fellow lizard-brains no doubt found it as amusing as I did.

ISON
ISON, 1-minute Chart

Posted at 19:15, GMT

Stocks to Watch -- Thursday, November 4

early

Posted at 14:15, GMT

Chart of the Day -- Wynn Resorts, Weekly Chart

WYNN moved to a new all-time high yesterday. Wynn Las Vegas and Wynn Macau are both expected to be wynners.

WYNN
WYNN, Weekly Chart

Posted at 7:55, GMT

Best and Worst Performing ETFs (last 12 weeks)

Every Thursday I post the results from a scan of my ETF universe. Last week I featured the best and worst performers over the last year. This week I'm posting the list of the best and worst performers over the last 12 weeks:

Best:

  • Internet Infrastructure HOLDRs Trust (IIH) - Up ~39%
  • B2B Internet HOLDRs Trust (BHH) - Up ~28%
  • Internet HOLDRs Trust (HHH) - Up ~25%
  • iShares Goldman Sachs Software Index (IGV) - Up ~22%
  • iShares MSCI Brazil Index (EWZ) - Up ~21%

Worst:

  • Pharmaceutical HOLDRs Trust (PPH) - Down ~6%
  • Health Care Select Sect SPDR (XLV) - Down ~2%
  • iShares Dow Jones US Healthcare (IYH) - Down ~1%
  • Vanguard Health Care VIPERs (VHT) - Down ~0.5%
  • Consumer Staples Select Sector SPDR (XLP) - Down ~0.4%
Posted at 7:45, GMT

Smitten

Living Poor, Voting Rich, by Nicholas Kristof:

"One-third of Americans are evangelical Christians, and many of them perceive Democrats as often contemptuous of their faith. And, frankly, they're often right. Some evangelicals take revenge by smiting Democratic candidates."

This Eastern elitist resolves to learn more about the evangelical Christians.

Posted at 7:35, GMT

Options for the Truly Distraught

Electing to Leave, by Bryant Urstadt:

"The boldest approach is to start a nation of your own. Sadly, these days it is essentially impossible to buy an uninhabited island and declare it a sovereign nation: virtually every rock above the waterline is now under the jurisdiction of one principality or another."
Posted at 7:25, GMT

Hire Highs, Fire Lows

Street eyeing flat bonuses, by Susan Harrigan:

"As of August 2004, New York City securities industry employment totaled 161,900, up from a 10-year low of 157,500 in April but below the peak of 200,300 in December 2000 ... In a news conference this fall, Mayor Michael Bloomberg said that by some estimates, a third of the city's tax revenues 'directly or indirectly' comes from Wall Street."
Posted at 7:15, GMT



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