m headed to North Carolina for the weekend with the Marines. (My other job) So as easy as it is to recycle last weeks headlines I won't, but think about it for a second. Greece not solved, companies blow out earnings on lowered expectations, Republicans have little idea who will be the nominee, market continues to climb higher on lower volume, defying any traditional logic... Same as last week.
#Let's play a game: Which portfolios of mine do you think are algorithmically controlled and which are discretionary? (Hint: I might rename the Hardline portfolio, to the Honey Badger portfolio)
#Busy Robots: I was doing some research for someone the other day in regards to High Frequency Trading and it appears that 70% is the number of trades handled by robots. For a video explanation see 60 minutes.
#If you get a chance be sure to thank Bernanke: Even CNBC is openingly admitting Benny and his Ink Jets have saved the economy. I wonder how many bankers will start crying when the "Bernake" takes away the free money or stalls on QE 3.
#Jobs number?: I was slightly vindicated for my last post about the jobs number. Due in part to Bernanke's testimony on Tuesday and the following article. #Let's make a movie: I don't usually see movies as an investment vehicle, but since this isn't from Hollywood and it involves Marines it's definitely worth checking out.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.