What We're Reading

On Cindo de Mayo I had recommended long MON via either common or calls with a stop below $109.   Today it broke out with volume, triggering stops.  I've taken a partial, calls are up 347%, stop (alert) up to $112 and letting it run.  Will add back shares if it tests the 50d.  This one, I believe, will test the highs over the coming months.

(click chart to enlarge)

I don't always write about plays after they're posted due to time restraints but this one has been a thing of beauty.

Feliz Cinco de Mayo a todos mis amigos y mi familia.  Click para jugar.  Disfrutar!

• Bond and fixed income guru Jeff Gundlach Presentation – Ira Sohn Conference 2014 Valuewalk
• Seattle Mayor announces plan for a minimum wage hike to $15/hr.  The highest in the country.
• You probably won't see much in MSM (main stream media) on it yet but quietly Michigan filed it's vote last week for a Constitutional Convention for the states, making it #34 =  or a majority which is required for such.  This has not occurred in over 200 years!  Why should you care?  Because it's at these conventions that Constitutional Amendments can be passed (and you're rights sneakily given away under the guise of being "good" for you).  I'm sure the balancing budget proposal and the 28th Amendment will be pushed up front of our faces however don't buy the hype.  Look deeper, inves