- As I was watching the Engadget live-blogging of the Apple 3g iPhone conference, I saw AAPL trading down big. So I bought some AAPL near the lows. (Just a trade, not a recommendation). This is a nice upgrade to their phone, and the price point is perfect. $199 for the 8 gig, $299 for the 16 gig. And the latter is available in white.
- I'm going to get one. July 11th. Set an alarm on your Outlook calendar! Maybe I'll line up at Best Buy now! (Uh, no. I can wait a day or week or whatevah).
- And this one time, in band camp... With parents cutting back and costs rising, camps are forced to modify services, which could impact everything from bug juice to bowling. Bug juice? Anyways, an interesting look at how summer camps are dealing with higher costs of energy. They're adjusting! Enrollment numbers for camps are roughly the same. Interesting, considering folks are depressed about the economy.
- Why is the Fed so dumb? Bernanke was jawboning inflation last week, and that leads to fear and concern. Treasury prices declined Monday, pushing two-year note yields up the most in two decades, amid further concern that accelerating inflation will pressure central bankers to raise interest rates. The key word here is "concern." Because the fears of inflation haven't materialized in any of the numbers. We're over 3%. Oooooh.
- Inflation is not accelerating. Heck, the new iPhone 2.0 is going to be $199. How many hundreds of dollars is that from iPhone 1.0 last year? C'mon. Plus, it has a GPS, slices bread, and gives a great hand job. So we're getting more functionality out of the same device at a much cheaper price.
- (Yes, we may have to take public transit or carpool to the Apple store to buy our iPhone 2.0 because fuel is expensive. I get that. But the prices of things other than fuel and some food items aren't accelerating in the least).
- Crude oil drops 3%! WHAT? Seriousness alert! This country needs an energy plan. We need nuclear power plants. Lots of them.
- From Yahoo Finance, we learned that financials struggled today and McDonalds had nice earnings. Last week was Wal-mart with the nice earnings. I think we know where those tax rebate checks are being spent!
- I went to the Angels-A's game yesterday. Walk off grand slam by Mark Ellis in the 12th.
