Friday, February 13, 2015

0.2 Away From 18,000 -- February 13, 2015

Updates 

February 14, 2015: Dow closed at 18,019; S & P, 2,097; NASDAQ, 4,894.

Later, 10:41 a.m. CT:



Original Post



NASDAQ nearing 5,000.

S&P over 2,000.

And President Obama takes out 20 ISIS fighters in northern Iraq. At least that's what I heard on the radio earlier today. Twenty (20) ISIS fighters.

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Nomination for most bizarre headline over at Yahoo!Finance: Ten cheap energy stocks that could soar up to 202%. The precision is quite remarkable: 202%. Not 199% or 204% but right at 202%. These numbers are almost as precise as the global warming numbers which suggest the ocean will rise 0.01 inch per decade and the global temperature -- if they massage the data just right -- will rise 1.68 degrees over one century -- that's in centigrade. It sounds even worse if the numbers are in Fahrenheit. Sort of like environmentalists measuring oil spills in gallons rather than barrels. But back to the linked investment story: my own calculations suggest three of the named companies could soar 201.67% +/- 0.02%.

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