Sorry again for the lack of blogging.  Yes it’s been a rather crazy half year for me and there are a ton of things going on but I’m still trading and doing decently although my father’s IRA is doing much much better than mine which I happen to manage.  So the market is making new highs again and it’s something to cheer about but it seems a bit over bought in my opinion but of course the market doesn’t listen to my opinion.  However the point that I’m trying to make it that everything that is positive is being priced into the market at this time.  

• We are expecting real estate to bottom either this year or next. 
• We are expecting the stimulus to give the economy a pop
• We already have commodities rising like a bat out of hell (have you gone to the gas station lately?)
• We have gone through earnings and are making upgrades
• We have no more bailouts and fed programs to go through
• We have sucked up all the new equities issues already and there’s more on the way

So then the question is now what?  What will make the market move up anymore?  Is there anymore catalyst to push it any higher or we just buying because we don’t want to miss out?  Well let’s try not to be the greater fool because the market gapped higher on Monday and it should at least close that gap.  Bascially everyone is buying but only searching for the great fool.  Don’t be that fool.  

However I am finishing up another quarter for my masters so I will have another summer to blog and travel but before then here are some picks that would be interesting with the catalyst: 

Long Excelon because of Cap and Trade Legislation

Short Moodys because of rating agencies legislation

Long BGC and ABB on Smart Grid trade

Long EMC and TDC on the storage trade

But I’ll be posting more later but there is a lot of opportunity out there especiall with the dollar moving and the equities moving much faster.  So it’ll be one heck of a summer at least.

Popularity: unranked [?]