- Stocks are swooning because of whatever. We have geopolitics. We have a downtrend or correctionthat seems to be in place because of either the Fed's fear of inflation because of a too strong economy or because of bad earnings from a slowing economy. Take yer pick. New lows zooming. Oversold? Sure. "Everyone" thinks that stocks could ramp if there is any good news at all out there. Well! I'm going to remain long and in beta, and may add a little more near the close. I think we're still in a bull market, and this is a correction.
- Well, the war coverage is out there. Once you've seen one Beruit bombing, you've seen them all. So it seems like a good tme to search YouTube for something. Turns out the most popular vids out there are from Emmalina. She dances. She talks. She curiously tilts her head to one side as she speaks. She's made the big time, in an article at the Washington Post. Her numbers are eye-popping. According to the YouTube counters, she has more than 4,200 subscribers to her oeuvre, which includes 28 videos ranging in length from a few seconds to a few minutes. As of 8 p.m. Friday, her work had received 363,652 views since the first video went up two months ago. That's 2,000 more than when I checked Friday morning, making it one of the most popular destinations on YouTube. So there you go. Immitation is all about flattery, so check out lazydork's immitation of Emmalina.
- Christie Brinkley? Yeah, the Uptown Girl is divorced again. #4! Peter Cook is the latest husband to be cast aside. Haven't heard much about Christie lately. I think the last time I remember seeing her was in those exercise informercials with Chuck Norris selling some total-body workout gizmo.
- Ah, the closing bell. Maria on the tube and the talk is that the Nasdaq is at a 9-month low. Oil is at record levels. $100 a barrel? The latest guest said he'd hesitate to put any price cap on oil. It could go up and up and up forever. Hey, think how much it'll cost when it's so expensive that nobody's buying it! (bah)
- Of course, higher oil prices are something that we must pay. We have to drive. We'll cut back on other spending first. Coffee. Cheesecake. A better paddle for the kayak.
- Hizbollah or Hezbollah? Can we get a ruling on this?
- Bill Clinton is out there telling Africa to encourage AIDS testing. "People living with HIV and AIDS can live a normal life if they go for testing to know their status. We'll bring the medicine and it does not matter at what cost but how many lives will be saved and changed," Clinton said. Doesn't matter the cost, eh? AIDS kills 10 people per hour in Malawi. Yikes.
- Disney released Pirates of the Carribean: Dead Man's Chest this summer. They'll release the DVD at Christmas. They'll have the 3rd movie in Pirates of the Carribean next summer, and the DVD Christmas 2007. Then a sequel to the Chronicles of Narnia. Big movie money, eh?
- Great one up over at Barry's. From the email bag! I got a good laugh out of that one...
- Easyguru at StockBee talks about the Weekend Dilemma. Yeah, that's it, huh?
- David thinks the "weekend long" trade might be crowded at The Shark Report. That's a good blog, btw. If you haven't subscribed to the feed, what are you waiting for? Why do you even read financial blogs? Maybe you should take up knitting or something. C'mon. (OK, it's friday and I'm losing it..)
- Tickersense has started a blogger sentiment poll, which I participate in. The July 10-14 poll shows 28.57% bulls, 31.43% bears, and 40% of people who don't have a clue. Er, who are neutral.