Alphameister

Personal Income, Savings and Retail Stocks: Reality Speaks

Perhaps the year-over-year decline is dramatic by historical standards, but measured against such rhetoric as "retail sales have fallen off a cliff," and against talk of the economy "sinking into a black hole," I find the above numbers reasonably comforting. That being said, US retail is not a sector I like for the long-term.

Insiders Are Selling into the Rally

Insiders may not always be right, but their collective track record is better than that of any individual prognosticator known to me. Regardless of the long-term potential in today's market, stocks still do sell off on disappointing news more often than not. And who is in a better position to judge the likelihood of disappointing looming news than iinsiders at the respective companies. I'm still invested, but very strongly hedged as of Friday's close.