|Day Low/High||99.84 / 102.30|
|52 Wk Low/High||57.89 / 132.72|
The rumor is that educational subsidies for the military may be cut. High above the Alps, my Gnome is hearing that the for-profit school stocks are down across the board because of a rumor that the administration might be considering cutting school...
Run, don't walk, to read a New York Times column that raises some concerns regarding high rates of student defaults. I have recently expressed concern about the efficacy of the for-profit educational sector and the risk to the industry's share price...
Let's break it down. Favorite long: Lincoln National (LNC) Favorite short: Grand Canyon Education (LOPE)
My favorite long is TBT, and my favorite short is Grand Canyon Education. Favorite long: ProShares UltraShort 20+ Year Treasury (TBT). Favorite short: Grand Canyon Education (LOPE).
Building on Monday's gains, U.S. stock futures were headed significantly higher Tuesday,