Uno De Mayo

So much for Cinco de Mayo. We now have Uno de Mayo. This is a MUCH bigger story than what was reported today. This will be the most important story of the week and maybe the month and up there for the year. The politicians are out of touch with reality and do not understand what the public wants. This included Dems and Repubs alike. The impact that the immigrant, not just Latino, brings to the economy and the growth of this country cannot be underestimated.

Loser's Game

Recently, Squawk Box on CNBC sponsored has sponsored a "fantasy portfolio" contest. Purposely, we entered but did not trade until the beginning of May. Thus, far we are ranked in the top 54%. That is correct. 46% of all entrants are losing money!!

The color of money is green not red. Apparently, most participants do not understand that concept.

Update on LIZ

Since we wrote on LIZ , the stock has moved from $34.16 to tonight's close of $39.46. With the recent pullback in stocks, we are placing a stop on this idea at $39. Retail stocks have been losing their steam as the price of gasoline continues to rise and geopolitical fears abound.