Ms. Market will probably take a break and go Christmas shopping this week ... at least until Friday AM and the jobs report. Will she buy a green sweater & scarf, or a red overcoat ? Time will tell, but I think she's getting a bit tired of hairy bears and will soon move to the muscular bulls, perhaps for a stampede up.
WSJ says beefers had worst month since 2000 in November - most lost money. Shucks.
Baosteel is reported to be preparing a bid for RTP. Its chairman is quoted indicating such.
Old Man Winter has arrived here - 4+ inches of snow and 20F temperatures. Heating oil prices are quite high - I just paid $700 to fill my heating oil tank. That doesn't bother me, but Joe Common Man might get a shock. The average income for a two income family is around $55,000, so that one tankful is over 1% of income.
Be patient. Some of my recent adds are "granny stocks" that I like for very long term investments. I expect they might pull my Alpha Fund return down, but I want to slowly create a portfolio with very long term stocks I can hold for 20 years or more. Over a one year horizon, I think I can get about 20-30% or more in them but obviously over longer time frames that won't stick.
If I can get a good entry and 20-30% in one year, then holding them for 20 years becomes easy. Many of Mrs. B stocks in her Sky Fund are like that: PG, PEP, MCD, etc.
I'm just explaining my strategy and tactics.