Mr. Sensitive

December 28, 2012

FSX Friday Update

Filed under: Uncategorized — lbej @ 17:37

You know the trade is thin when a report that a ‘source’ says Obama’s position on taxes is the same as it has been is enough to knock a hundred points off the Dow in the final minutes of the day.  This fiscal cliff crap sure is irritating.  The phrase ‘fiscal cliff’ is more irritating than the fiscal cliff itself.  I overheard a lady at the doctor’s office talking about the fiscal cliff; as she was checking out, she noticed her co-pay had gone up from the prior year and she said, I kid you not, “must be because of the fiscal cliff.”  Mind-blowing.  Therein lies the dilemma for politicians and media folks alike: if you come up with a glib catch-all to refer to a complex policy issue, the American people will misunderstand and misattribute to a staggering degree; but if you don’t come up with such a catch-all, the American people will ignore the issue—and you—entirely.  Do you prefer placid and uninformed?  Do you prefer agitated and confused?  Ideally, each of us wouldn’t need to understand the gory details.  The idea behind representative democracy—as opposed to direct democracy—is that the people elect representatives to translate their values and interests into policy because the people themselves don’t have the time or expertise to do so.  Of course, it only works if we have honest, hard-working, honorable folks representing us.  When we have folks like this guy

crapo

we get a fiscal cliff.  Luckily for Senator Crapo, we’re just talking about a metaphorical cliff; otherwise he’d have probably driven his car off it.

The major averages were down this week by about as much as they were up last week.  Coincidence?  Nope.  Lack of conviction?  Probably.  The Family Stock Index traded down in line with the broader market, dropping 1.8% on the week to close at 13,223.  Alas, I can’t close the books on 2012 today because the market is open for one more trading day on New Year’s Eve.  Forget the fiscal cliff, Congress—pass a law that says every fiscal quarter has to end on a Friday.

Katie and I are tag-teaming this week’s A/Ds; I emailed her to see if she had any insights into specific stocks and she wrote the whole A/D section in response.  It makes me think I’m spending way too much time on these things; it doesn’t, however, make me more inclined to embrace Katie-esque brevity in 2013.

Katie’s comments are first; if I add something it will be italicized.  You can also tell the difference because Katie’s in love with exclamation points.

Advancers

  • Nami & Lita (NL) +2.1%.  Reunited (with Charlotte) and it feels so good.  I hate that song and it’s in my head now, so thanks a lot.  Also I don’t know any other lines so I’m just looping that one over and over again.  Perfect.
  • Zondro (ZQK) +1.5%.  He’s happy to return to normal life without extra dogs in the house. And bonus inside time since it’s so cold outside!
  • Marcus (MCS) +1.4%.  Because video chatting is the future. Or the now. And if we get it all figured out he can see his nieces and nephew onscreen every once in awhile which is bound to do as much to improve his mood as any food or medication.  I agree with that except for the part about more Brinky equals improved mood; let’s just say that hasn’t been my experience today.  And the part about food, because what Marcus really needs is six boxes of butterscotch krimpets.

Decliners

  • Lee (MSTR) -2.7%.  This is wrong. You should be up now that we’re getting back to the usual, right? I’m choosing not to believe that you and me both being down means our 30 day shred isn’t going to go well. It’s a winning plan.  30 Day Shred is an exercise routine-thing we’re planning to do.  Jillian Michaels is the trainer; she scares me.
  • Dustin (DST) -2.7%.  What’s with this? All of us parents are supposed to be up when our kids are gone, aren’t we?
  • Nicole M. (COLM) -3.0%.  Still sick? Dealing with Mario’s delayed reaction to the Steelers loss last weekend?
  • Reagan (REGN) -3.2%.  She’s going to miss her second family so much while she’s gone.  Reagan spends a lot of time across the street at her friend Faith’s house.  I think it’s because they keep their house at 80 degrees and I keep ours at 60; Reagan has lizard blood like her mother and she can’t take a little chill.
  • Ruby (RJET) -3.4%.  Worried Jenny’s going to try to get her to go see Breaking Dawn. Or watch Pitch Perfect 50 times while she’s there.
  • Katie (CATY) -3.5%.  Because of FAT. It’s been a rough week for my fatness because I’ve eaten way too much. But the fast food ban and 30 day shred are starting, so we can turn it around!
  • Jenny (JNY) -3.7%.  She must have had to ride in the back seat some, and we know she doesn’t like that. Plus she has to share a room in Hilton Head, just like she does every other day.
  • Zero (ZIP) -4.7%.  It’s okay, Zero – you can come back and be Reagan’s guitar teacher a little longer. Don’t be sad that you’re not going to be able to spend hours with her showing her what to do.  Zero’s trying to make a run at Lucas to retain his worst-performer title; with one day left Lucas leads at -42% against -39.6% for Zero.
  • Justin (SCI) -4.8%.  Because we don’t even know what he left behind yet.

 

Name Ticker 12/28/2012 Change
Brinkley BCO $28.07 -0.44
Charlotte ICE $123.66 -2.59
Dustin DST $59.81 -1.66
Ghost Marisa MOLX $26.68 -0.45
Icarus FAST $46.18 +0.10
Jenny JNY $10.70 -0.41
Jodi Ann JOY $61.48 -1.04
Justin SCI $13.62 -0.68
Katie CATY $19.12 -0.70
Lee MSTR $93.55 -2.61
Lisa LNCE $23.68 -0.32
Lucas LEI $1.34 +0.08
Lulu LULU $74.31 -1.4
Marcus MCS $13.45 +0.18
Mario T.E. MGEE $50.21 -1.16
Mario T.Y. WMAR $10.69 -0.01
Namilita NL $11.65 +0.24
Nicole E. NICE $32.71 -0.11
Nicole M. COLM $52.09 -1.59
Reagan REGN $167.97 -5.51
Ruby RJET $5.71 -0.20
Wilson WILC $4.75 unch
Winston ED $54.93 -1.12
Zero ZIP $8.10 -0.40
Zondro ZQK $4.11 +0.06

 

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