Nothing Is Certain
Originally published on Thursday, Oct. 4 at 2:31 p.m. EDT.
- In 2006, it was said that home prices would never decline in a 12-month period.
- Up until recently, there was near unanimity that Apple's (AAPL) shares would only rise. But since the shares went through $700 on the upside, the stock has been an underperformer. The shares are down by $5 today in an otherwise solid market backdrop.
- Last night on "Fast Money," it caught my attention that there was total unanimity that the price of crude oil would continue its southerly course. The only argument was when to short oil. Today the price of crude is up by nearly $3.50 a barrel!