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[kdsieran]

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,7, 2014 (Aug.Before I begin, I do have to say one thing about Wingstop (NASDAQ:WING) being a "fast-casual" restaurant chain.WING collects a 5.0% to 6.0% cut of all franchisee sales whether the franchisee makes money or not.About 75% of sales at a WING restaurant are takeout just like most donut and coffee orders at DNKN.My instinct says that's a conservative number as there are really vast, population-dense areas barely even touched.For example, there are only three so far in New York, one in New Jersey, and none anywhere else in the Northeast above those two states.Let's be really conservative and say AUV sales stay flat from here.
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,I took a deep breath and took the plunge.Conventional oil reserves that number in the billions of barrels.These are the types of barrels that oil producers were able to turn a profit on when oil was $20 per barrel.A radical Islamic group called ISIS is bringing terror to the northern parts of the country.This group is so extreme they have been disowned by Al Qaeda.(click to enlarge)Source of image: Securing America's Energy FutureThe goal for ISIS is to establish a caliphate (Islamic State) in Iraq and Syria.The Taq Taq licence area is located 60 km northeast of the Kirkuk oil field and the adjacent city of Kirkuk, 85 km southeast of the city of Erbil and 120 km northwest of the city of Sulaimaniyah.
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,It has been a revolutionary change of the unicycles.However, as the life pace gets faster, people cannot afford the time to take a close look at the scenery alongside the road.However, the problem of global warming gets more and more serious.Recently, a photo took by a German photographer attracts many people's attention.Alcoa's (NYSE:AA) Engineered Products Solutions [EPS] and Global Rolled Products [GRP] segments are well positioned to capitalize on emerging trends in global aerospace and automotive markets and the company's recently held investor day reaffirmed this view.based aluminum producer is on track to meet its 2013-2016 revenue and margin targets for both of these segments.
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,When a soldier enlists, he signs a contract for a certain period of active duty -- usually two, four or six years.However, everyone who joins the army signs on for an eight-year obligation.When the active duty tour has finished, the soldier may finish out the remaining time in the reserves or as an Individual Ready Reservist (IRR).IRRs do not train or drill regularly, but they may be called to active duty at any time until their eight-year term has ended.At the end of eight years, soldiers can sign on for an additional eight-year term of service.To retire from the Army, a soldier must have served for 20 years.
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,As can be seen from the graph below the interest rate spreads (differentials) can vary quite a bit.But there is a strong reversion to the mean.Looking at the graph below showing the spread between investment grade corporate bonds and Treasuries, I would put that mean value at around 1,5% to 1.7%.So what does one do when one watches the spreads in corporate bonds vs.treasuries? The reader is probably ahead of me here.Buy corporate bonds when the yield differential is above the mean.My instrument of choice is VCIT, the Vanguard Intermediate Investment Grade Bond ETF.Also a choice would be LQD.the equivalent ETF from iSshares.
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