I survived The Beast aka Manhattan, NYC. To this causal observer, business in the Beast must be good. The Grill Room at the Harvard Club was full at lunch, and the Tap Room at the Athletic Club was full for dinner even though the minimum period was over. People were spending money.
Men's fashions are a bit dour, still. A few colorful ties were spotted, but most men wore boring, drab neckwear. Few wore pinstriped suits either. Again, sadly, your writer was the best dressed man in the room. As usual, beautiful women admired my ties. When are the men of NYC going to start dressing a bit better?
Krypto wants me to buy some emerging market stocks. It's a decent signal, and on these down moves I hit the first signal and then wait. Down moves can be vicious; swinging at ever pitch can be painful. But the first one gets a swing and I will obey, likely via ETFs at the open.
There's a weak sell signal for gold+silver, too. I'll wait for a strong signal there.
Word of the Day
"Abduction" - noun [$100] Logic
Abduction means a syllogism whose major premise is certain but whose minor premise is probably.
Sentence: Much reasoning in life (investing, detective work, historical analysis, policy analysis) is neither deduction nor induction, but is abduction, where one starts with facts and creates a probable scenario / narrative that fits the facts to use in actions. Sherlock Holmes used abduction.