I'm boarding now to go to San Francisco, transferring to another flight to go to Shanghai. International check-in took me a total of three hours from 4am to 7am, allowing me to finish four interviews of Jack Schwager's in the New Market Wizards. And now, I finally got a chance to sit down and write something before my flight leaves at 7:40am.
I have left a message in my phone telling my traveling schedule. Hopefully, that'll help people who are trying to reach me.
One more note before we get to market updates. MY ADVISOR IS VERY PLEASED WITH MY IDEAS IN MY STATISTICS RESEARCH!!! That made my day yesterday, but I had been smiling oddly since my meeting with him yesterday at noon, which was probably too much.
Now, quick recap on market update >>>
So Moody's is still signaling that it is considering cutting Portugal's rating, but the market appears to be tired of the European debt problems, so I don't see anything disastrous happening.
The ten-year yield is down but the market is up, which shows a mixed feeling toward the end of the year. We might see some side-way walks, but in the ten years before 2011, I'm net optimistic, more because of how crammed and crowded the department stores are both in New York City and Boston.
Just a side note, my portfolio has been doing well, with HIG, GS, and CSCO climbing up with the market.
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