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Trade in my own account and owner of KJP Enterprises.Also Trade stocks for Family and friends.
  • The Fog Of War 0 comments
    May 5, 2013 1:11 PM | about stocks: RUTH, RRGB

    Israeli jets bombed Syria for the second time in recent days.Now it seems that an escalation will follow as the other players in the region ponder their next move.The question remains of what will happen to oil prices if this becomes a wider conflict? Gas prices have remained steady for the Spring for the most part in the U.S.Consumers paying more for fuel will not spend so freely if prices rise into the Summer.Restaurant stock prices might take a hit if customers decide to lay low for any period of time.Stocks like RUTH or RRGB who are up significantly this year could see a decrease in traffic leading to a earnings miss down the road.World events,especially in the Middle East,can impact economic activity many thousand miles away in every U.S.City.The Restaurant Industry has been one sector of the economy adding jobs.With a slowing recovering economy,any armed conflict will affect millions of people nationwide.Higher oil prices has many consequences in a fragile environment.Special caution must be exercised as these events unfold in the next few weeks.Bombs dropped on the other side of the globe can destroy a Market Rally before anyone has a Plan B in place.May the Spring Skys be filled with singing birds rather than black smoke.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: RUTH, RRGB
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