Friday, February 23, 2007

G.I. Jane II

  • Seems like we all may have jumped to the wrong conclusion. Britney Spears has clearly been chosen to star in "G.I. Jane II."  Congrats, Britney!  Filming to start once she's out of rehab.
  • The market?  I know we all thought that Pelosi, Reid and the new Democratic Congress had passed a resolution banning the Dow from having a down week.  Apparantly, this was a "non-binding" resolution because the Dow went down this week!  From our friends at Yahoo Finance, For the week, the Dow industrials lost 0.94 percent, the S&P 500 was off 0.35 percent and the Nasdaq composite index added 0.75 percent.  Looks like sector rotation, eh?  Check the semis again...
  • Looking at my stock market playbook, which has been totally worthless since the Fall, we're closing in on the end-of-month seasonal boost.  I would expect that 401(k) additions being dollar-cost averaged in would keep us in rally mode for awhile longer.  I still have some cash on the sidelines with some low-beta stocks, and a few small cap mo-mo stocks.  Yes, I'm getting antsy with the cash but no reason to chase.  Patience, Muck...
  • From Cramer-centric Madd Money on uranium:  Don't let living in the great U.S.A. lull you into missing out on the future," Jim Cramer told viewers of his "Mad Money" TV show Thursday. There is a "sad bias" against nuclear power in this country, and with the democrats likely to win the elections, it looks like this bias will stand, he said. While Americans protest nuclear power, the rest of the world is embracing it and "leaving us in the dust," Jim stated. Jim thinks now is the time to be a buyer of Uranium stocks as the price of uranium has exploded to $75 a pound.
  • Hurricanes caused by global warming?  Thanks ABP.
  • Alyssa Milano in a new ABC drama pilot.  Alyssa has won the lead role in an ABC drama pilot about a successful Atlanta lawyer who returns to her messy family in Savannah, Ga., with her newborn son.  Hey, nobody told me Charmed was no longer on!
  • Michelle to co-host "It's Out There" on Fox.  ...fronted by conservative blogger-columnist Michelle Malkin and former Clinton administration operative Kirsten Powers, will take on political and cultural issues enflaming the blogosphere.
  • MOFO!  Thanks Adam, for keeping us updated on what Lenny is up to in his life after baseball.  Other than his car wash joints.

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