Sears Soars 30%!

Sears has breached the psychologically important $7 barrier again to levels not seen since late January. For those keeping track at home, it's almost back to where it was exactly two weeks ago! Almost.

This is great news for long-term investors who never gave up on the turnaround story. Much like an 18-wheeler which accidentally drives down a very long and very narrow dead end alley but miraculously manages to back up a few feet without taking damage, here it is! Woohoo!

Yes, sir. I never thought I'd say it. This turnaround story may have L'eggs. Next stop? Levels not seen since 1978? Keep the faith!

The Super Bowl's Black Swan

February 3, 2017
Wells Fargo Quants Tell You How to Bet on the Super Bowl

Wells Fargo Asset Management’s Analytic Investors LLC, the Wall Street quant shop that has accurately predicted 10 of the last 13 Super Bowls against the point spread, says take the Atlanta Falcons and the three points over Tom Brady, Bill Belichick and the New England Patriots.

So what went wrong? 25-sigma event just after Lady Gaga's halftime performance? Nobody could have ever seen it coming! Again.

And here's the best part. I have no assets with Wells Fargo Asset Management. Woohoo! ;)

The Sarcasm Report v.274

February 4, 2017
CNBC: A couple who spent $30,000 eating out last year highlights a critical money lesson

The life lesson is obvious. If you are spending $80+ per day to eat out then it is very easy to forget exactly how much you are spending. Make it an even $100 though, and you'll never forget. Neither will your waiter! Round up, I say. Round up! It's a win-win for everyone!

"What most people do when they earn a dollar is pay everyone else first. They pay the landlord, the credit card company, the telephone company, the government ..." writes financial adviser David Bach in "The Automatic Millionaire," and at the end of the day, they pay themselves whatever is left over. Oftentimes, that's not much.

Pay yourself first. If there is anything left over then send a few dollars to the landlord, the credit card company, the telephone company, and/or the government. It's a vastly superior plan. None of those entities need the money as much as you do. What's the worst that could happen? Eviction notices? Penalties? Collections? Liens? Lawsuits? Summons? Oh, please. That only happens in the movies!