Terrible day. Actually my 2nd worst day of the year, down right at 2%. I suspect we'll see more selling pressure during May.
KG announced earnings Thursday morning (King Pharmaceuticals 1Q Profit Jumps). I thought the numbers were outstanding. The stock was up a couple pct early but ended up down over 2%. I can't say I really understand it. Glad they didn't have a bad report!
ANF had worse than expected same store sales (Abercrombie April same-store sales down 15 pct), yet they were pne of my few stocks in the green. Weird.
My sidecar is sitting in a lot of cash. I will still wait a bit and see if there are some MFI stocks in the bargain bin.