Wednesday, May 13, 2009

Same Data, Different Result

  • Sure, the market fell today. But it's the same market that was going up with the bad news earlier. It's not like the underlying data has changed much.
  • Despite that, weak retail sales and home foreclosures get the blame today.  Volume seems to be picking up, so it'll be interesting to see how long IBD keeps their "market is in a confirmed uptrend" comment in the Big Picture.
  • IBD is out at 5pm EDT, right?  Minutes away...  Drum roll...
  • I've been writing about the seasonality stuff recently.
  • Natural Gas (UNG) pulled back. Interesting entry over at Adam Warner's on UNG that anyone who plays it may want to read.
  • Green Shoots Withering from WSJ blog.
  • SlingPlayer Mobile comes out for the iPhone, but is limited to wi-fi only.  No 3G network.  So if you're in your house, you might as well just go into the family room and watch the TV.  Just saying.  And at a hotspot, you only have 2 hours a day.  You can use a mobile version on a Windows mobile phone all you want with ATT.  But not the iPhone.  Read about it.
  • Of course, you can cut out the middleman and just get the Orb app for the iPhone and stream your TV and PC content over ATT's 3G all you want.  Till the cows (the size of schnauzers) come home.  I don't know why anyone would pay for Slingbox + SlingPlayer mobile.  But that's just me.