Here’s an interesting play ….
Northern Virginia schools are closed today because of the threat of a snow storm.
So, Pizzeria Uno sent an email announcing a special “Snow Day Deal” … free meals for the school-cancelled kids … (with a matching adult paying full fare, of course).
Question: Wonder if Uno’s will get sued if some jabrone drives off a slippery road coming to score some free chow for his kid?
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Hot off the wire …
Despite the Administration’s dire warnings, the release of jailed criminal immigrants and the slower-than-usual TSA checks …
The Washington Post is reporting survey results indicating that 61% of folks support the Sequester’s budget cuts overall … though 60% oppose the cuts to military spending.
Said differently, folks overwhelmingly support the non-military donestic spending cuts.
That’s huge!
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Here are some interesting details …
It’s snowing in DC today … err, kinda.
Not much on the ground … temp is 34 degrees … roads are clear … but those AccuWeaterher folks are saying more snow is coming.
Good enough for the Feds … to shut the government down.
Archive phote … not from today!
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Just heard my absolute favorite public service message on TV:
Due the inclement weather, non-essential Federal government workers do not have to report for work today.
Maybe the Feds can use the snow storm to solve the Sequester bruhaha … here’s how.
Yesterday was a day of stock market joy … the Dow hit a new high water mark.
Since halving itself during the financial crisis, the market has more than doubled … recouping its losses … and more.
But, what about the the technical factors … just reading the charts.
Yesterday, we posted the red section below … and asked the question: see the pattern?
To me, looks like we’re approaching a cyclical peak.
Today, look at the black line … and the trend line that I’ve added.
The chart deflates the S&P 500 … adjusting for inflation.
Hmmm.
Looks like the real value of the S&P 500 has been trending down for the past 15 years or so.
Think we’ll defy the trend line and keep heading up?
I’m betting the under.
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Disclaimers:
I’m still holding my ground.
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