On my day off tomorrow I intend to take full advantage of the time by getting a blood test and heading out to a funeral. Normal stuff.
My singular conflict is whether or not to wear a suit for the funeral, when in fact I really don’t feel like wearing one. Don’t get me wrong: I don’t intend to wear a Hawaiian bathing suit or a Magnum PI costume. I suppose, at the end of the day, anything less than a suit lacks decorum, given the somber mood.
Here are some stocks that I found this weekend, that look interesting to me.
VICL
CMRX
NNVC
AGEN
PRAN
As you can see, I’ve been focused on biotech. I may or may not buy more biotech. In fact, I might ditch the idea all together, content with just RPTP, and buy some AFOP or maybe come oil. Everyone hates oil now and CLR and CXO are cheap. Or, if BALT trades down again, I’ll buy more. Fact of the matter is, frankly, the bulkers aren’t as interesting today as they were two weeks ago. Capesize rates are down 65% since Xmas and the BDI is off to its worst start for a new year in 40 years. To simply ignore that would be juvenile.
I was looking at CZZ, interested because of the share decline. Then I researched it and figured our Brazil is going through a major energy change, discarding the retarded sugar ethanol in exchange for “pre-salt oil.” Apparently, gasoline is cheaper than ethanol at the pump and government subsidies isn’t making a difference anymore. Brazil is awash with oil and the country is moving away from sugar ethanol. So much for Brazil being “the model” for alternative fuel.
Just a few random thoughts on a slow Sunday evening, ahead of a most eventful monday.
By the way, I find the Martin Luther King Jr. holiday to be a melancholy one, considering that such a great man existed so many years ago, who was supremely interested in the betterment of his people, a harsh and bitter contrast compared to the sophists who infect the “African-America” community today. Nothing has been accomplished. As a matter of fact, one might say King’s efforts have gone in vain, as the black community have been plagued by a culture in dire need of a remix (pun intended). Also, I find the term “African-American” to be a ridiculous one, especially since most black people in America have ancestry dating back hundreds of years, and have no more a connection to Africa than I do to the beer laden streets of Dublin.