David Stafford's  Instablog

David Stafford
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Student of markets, enjoys following their course.
My book:
Around the World in Several Pieces
  • Friday Fancies; Serenity In The Doldrums. 0 comments
    May 2, 2014 5:55 AM

    The stock market has perhaps been a touch interesting as of late per se. Though the macro picture per se, seems to get a touch more twisty by the moment, perhaps in a few stocks one may find a place of respite per se for one's capital, a little sheltered dale for one's savings/investments if one will.


    Amongst some interesting stocks that didn't really move much yesterday per se we may find some surprises, and perhaps some correlation cues that underlie certain trends. For interesting correlations, namely being one of 1 based on lack of change yesterday, one may find the strange bedfellows, of various high yield-based instruments per se, like DHY and CIK, both moving nil throughout the day. Joining them in this siesta from volatility was some interesting stocks, like our lumbering friend Rayonier(NYSE:RYN) for example, and perhaps some interesting other fixed-income based funds/vehicles, namely NRK(Muni), which doesn't have a shabby yield per se at above 6%, while at the same time reaching the top of a 6+ month long, languid ascent in price per se. So perhaps these correlations were interesting.


    For a couple high yielders relatively speaking, which sort of felt the wrath yesterday per se, one may see that our friend Seadrill(NYSE:SDRL) took a decent plunge of over 2%, joined by another energy related company namely, Terra Nitrogen(NYSE:TNH), which was down around 3% for the day, both have nice yields, and are quite volatile, so this might make for a decent very short term Friday fancy per se.


    An interesting situation also emerged given that RYN, exhibited zero change for the day per se. Namely, this might give us some sort of baseline per se, whereby one may better understand the way in which RYN, and Plum Creek(NYSE:PCL) maintain their interesting dance, that does seem to have a sort of vague pattern to it at times. PCL was up .23% or .1$, while RYN was unchanged so, perhaps that may give us a potentially interesting point along an experimental chart per se, perhaps its nice to have an intercept per se, if one will.


    Perhaps with the markets being a touch squirrelly as of late, and the macro picture continuously devolving, with discussions of Chinese debt, and previously stable euro-area economies getting a little smoky, this might be a decent time for a "when in doubt" sort of investment like a relatively stable State's municipal bond fund or perhaps even a water fund, for surely if there is one thing that's been becoming more and more clear as of late, one might say that this would be that the worlds water is becoming less and less clear, so perhaps having one's finger in a water-pot somewhere might not betoo conservative per se an idea the way things seem to be shaping up.


    Hopefully everybody's water is clean none the less, and everybody's investments are doing great.


    Without further adieu, that financially savvy feathered Uncle


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