The latest forecasts expect Hurricane Sandy to hit a wide portion of the East Coast as early as Sunday afternoon. According to the Wall Street Journal, this could be the most destructive Hurricane in recorded history.
— Eric Holthaus (@WSJweather) October 28, 2012
Blue Mountain Credit Fund still in the red YTD; here are their biggest holdings
Blue Mountain Credit Alternatives Fund was up 0.36% for November, although the fund remains well into the red for the year. For the first 11 months, the fund was down 24.85% gross. Q3 2020 hedge fund letters, conferences and more Blue Mountain's fundamental credit strategy was up 0.63% for November, including a 1.09% gain for Read More
Many members of our staff live in the regions which will get hit by Sandy. We do not know if the Stock market will be open Monday. Therefore, there is a chance we will be closed Monday. Additionally, we may have limited reporting other days if the storm is as bad as many forecast. However, we hope to be open on Monday as well as the rest of the week.
Everyone in the region should keep safe. And if you live in New Jersey, as I do, you should watch this message from our Governor (its from a while ago but still applicable ).