investmentyearbook.com: July 16, 2006

investmentyearbook.com

Random thoughts and rhetorical questions from yet another blog focused on business trends for an audience of one, me. Just jotting thoughts, notes, etc. Nothing much more than that. There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know... ~The ironic zen of Donald Rumsfeld

Friday, July 21, 2006

I've seen it before, I'll see it again. Side step the little bits of history repeating...

Israel invades Lebanon: June 6, 1982. History repeating?

Eye of a hurricane, listen to yourself churn...

The $compq has broken down its multi-year low vis-a-vis gold. An omnious sign as the prior low was established in during the meltdown of 2002. Given the geopolitical risk, 2006 midterm elections and the scandal surrounding backdated options, are equities dead for the rest of the year?

Best case scenario: war rally once Israel invades Lebanon during which positions can be sold into strength?

Take two of these...

Big Pharma looks to be moving off of multi-year lows vis-a-vis the $SPX. A sign of more carnage in the general market? Will big pharma finally outperform the major indices?

Tuesday, July 18, 2006

Think Cool...

Given all of the attention paid to crude oil, natural gas shouldn't be forgotten. While July is the heart of the driving season, winter is not far away. The price of natural gas vs. crude oil is at an historic low. Time to be long natural gas?