19-23 Nov Eco Calendar: SANDY Aftershocks, Black Friday, OPEX, Thxgiving
Claims came in better than expected and this was another day where the market didn't know what to do with itself until after lunch. Tomorrow we get to rest from all this nonsense and give thanks for having the blessing of having our currency valued by the banks that lend us money. This is a blessing because it has Thomas Jefferson rolling over in his grave, and nobody around from the Walking Dead cast to do him in.
I sold off some of my junk bond stuff today, and took an opportunity to load the gun with RGR which is on a tear, having granted a one time dividend for those in that stock before COB 4 December of $4.50, almost 8%. The stock is one of those thinly traded molassas like vehicles that even 42% short hasn't woken up and smell the squeeze yet, and it has been two days post divvy announcement for this gun manufacturer. I have so many shares of this stock when I wake up I can smell the cordite on my keyboard.
I'll take the ten percent all the way to the bank and your little divvy too.