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Recently Closed Positions:
Current MAPY: 5.9%
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Day Play:
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Longer:
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Commentary:
Not finding any of our preferred entries, obviously. We've moved into a small position in a fund we haven't talked about before called: MON. They have made some important decisions in support of their shareholders to cut costs. We're still expecting something to happen in agriculture as soon as the market realizes that stock piles are shrinking.
Both MSFT and UNG remain on the list for somewhat obvious reasons. The 24.50 bid may have missed the boat, but remember, we still expect an October low, or at least an October lull.
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Daily or Weekly BS!
Worship songs for Obama. If you follow the story carefully perhaps as disturbing as the lyrics is the fact that this Charisse Carney-Nunes and her book, as well as these ridiculous lyrics, all came within weeks of Obama's inauguration. Quadrupling the US deficit within 6 months of taking over is what I'd write a song about.
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