- In "oh my gosh, really?" health news, kids need more exercise! Instead of one hour a day of moderate physical activity, young people may need to do 90 minutes to stave off high blood pressure, raised cholesterol levels and other risk factors that can lead to heart problems. Probably a good idea for adults, too. I've noticed young kids in the neighborhood are outside playing a lot. But the middle-aged kids are nowhere to be seen. I suppose they're inside with their XBOX 360s and Playstations...
- Market Thoughts... According to CNBC this morning, 65% of companies are beating estimates. Yet, even with the good news the stocks that are getting the most attention are the stocks that are blowing up. Yahoo (YHOO), Dell (DELL), Advanced Micro Devices (AMD), and Intel (INTC) are some of the tech darlings that investors are focusing on. This market stinks for tech stocks, and especially semiconductors where the words "price wars" are being thrown about. But looking at a larger and more diversified index like the SP500 or the total stock market (SPY or VTI), it's easier to see a correction and a summer trading range. If we're still in a bull market as I believe, then the tech stocks are overshooting to the downside (same in reverse as when the market rallies). The market seems to be pricing in a recession, yet the GDP slowdown is supposed to bring us down to 3%. Not a recession in a wikipedia definition.
- Some NFL training camps are open! Lots of news here.
- The Sacramento Kings and the city of Sacramento have agreed to a new arena deal that would call for a $.25 increase to the Sacramento County sales tax. This will go in front of the voters in November. My prediction? It's going to get voted down in a big way. The number of folks disinterested in the NBA and Kings far outnumber the supporters. And nobody likes their taxes raised!
- More health... Energy drinks make you sleepy! But after an hour, people who had (energy) drinks had slower reactions and more lapses in concentration than those who had a no-sugar, no caffeine drink. You know, that's been my experience.
- Been playing around with Moho, an animation package. It's also pretty good for just drawing cartoons.
