With 0% of the Vote In….

While we’re all waiting for the election returns to come in, here are a few items I found interesting:

Bespoke has a great post that notes the divergence in the recent rally. The weaker dollar is helping more internationally-focused companies. As a result, stocks of companies with no foreign sales are up just 10.36%. But stocks with more than half their sales coming from outside the U.S. are up 17.55%.

Michael Stokes takes a look at trading gold using my gold model.

The latest Intrade data shows the GOP gaining 63.75 seats with a standard deviation of 11.3. That’s based on the 50-seat and 60-seat contracts. If we use the 60-seat and 70-seat contracts, it’s a gain of 64.3 seats with a standard deviation of 13.

The lede of this story sounds like it’s from a Carson monologue from 1986:

Gov. Arnold Schwarzeneger says welfare recipients can no longer use state-issued debit cards at medical marijuana shops, psychics and other businesses whose services have been deemed “inconsistent with the intent” of the program.

On November 5, 1974, Jerry Brown was first elected Governor of California. The Dow was at 674.75.

Check out Josh Brown’s great Star Wars-themed roundup of the financial blogosphere. I’m honored to have been named a Jawa.

Posted by on November 2nd, 2010 at 10:44 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.