Wednesday, January 05, 2011

Monthly Strength Randomosity

Yes, the stock market was up yesterday. Today there is a split tape with the Dow down and the Nasdaq up (a smidge). And we're in the monthly strength period where money is added to the 401k plans... And we're in the January Effect, etc. Good economic news is coming in as the employment numbers and manufacturing numbers are improving. Gold is falling. Bonds are falling. And oil prices are increasing as demand improves with economic growth.


(He says, repeating himself...)

  • I am cruising through George Bush's book, "Decision Points." I read about the staff turnover, and lo and behold, I see the staff turnover bug hit the Obama administration today. It's called "change."
  • This is a big week for me, as I am a tech geek. CES will be making news headlines for the rest of the week. No Apple, but other companies will be making noise about their ideas and plans. Microsoft's Steve Ballmer talked about the XBOX and Kinect. It will be interesting to see where they take that. But I'm trying not to watch the CES Twitter feed!
  • I am very big into reading books on the iPad. I think Google Books seems to have the best prices. Their app doesn't do landscape mode, though.
  • One big Twitter storm this morning is whether Miamk Dolphins coach Tony Sparano still has a job or was he fired?
  • If all CES does is show us lots of tablet wannabes and 3D televisions, I will be disappointed.

Picture is of CNBC Fast Money's Melissa Lee.

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