"Short iron ore/long Air Jordans," writes Joe Weisenthal, noting miners and equipment makers are...


"Short iron ore/long Air Jordans," writes Joe Weisenthal, noting miners and equipment makers are getting hit after the BHP warning on Chinese demand, but companies leveraged to the consumer are cruising. CAT -2.2%, DE -1%, JOY -4.9%, TIF +6.6%, NKE +0.4%, YUM +0.9%.
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Comments (3)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Same old sh%t everyday.... high multiple consumer stocks skyrocket...
    20 Mar 2012, 10:50 AM Reply Like
  • Stone Fox Capital
    , contributor
    Comments (9636) | Send Message
     
    if only it was a warning though. This is how the 'market' misleads retail into bad trades.
    20 Mar 2012, 10:50 AM Reply Like
  • Docneuro411
    , contributor
    Comments (135) | Send Message
     
    Agreed, I continue to pick up shares of JOY on their extended dip...
    20 Mar 2012, 10:11 PM Reply Like
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