Random Thoughts: Crude Sounds the Siren
What is crude--quietly up 12%--telling us into the long weekend? Something geopolitical perhaps particularly with Boeing (BA) and Honeywell (HON) (defense names) acting well in a heavy tape? Does anyone else yearn for simpler times? We recently asked how long it would take before pissed-off politicians targeted prior compensation in the hedge fund universe. This news from across the pond is seemingly a step in that direction. I enjoy Grey's Anatomy. There I said it. "It would be nice... if catalysts were driving trading activity in the markets. Unfortunately there is only one catalyst these days trust and its continued deterioration." --BTIG Strategist ...
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