Friday, July 13, 2007

TGIF (and Victoria Beckham!)

  • It'd be perfectly normal if the stock market took a light-volume breather after yesterday's ramp. Friday's also tend to move opposite the weekly trend as traders book profits ahead of the weekend.  Options week next week, and often times the pre-options week starts off weak and sets up a buy mid-week.  We definitely saw that this week. 
  • So David Beckham (not pictured) comes to play soccer here.  That means that Victoria Beckham (pictured) is here as well.  Posh Spice!  Who knew she had a reality show?  Victoria Beckham:  Coming to America.  Combine that with the Spice Girls reuniting?  Uh, spicey...
  • One of the signs the real estate "correction" isn't over?  Too much interest in real estate!  Real estate websites boom, despite market slump.  Just an anecdotal add here, but seems to me there is a huge interest by folks in buying foreclosures.  Listening to a local talk show in Sacramento, which is biased towards people who would be interested in real estate anyways, the callers were asking how and where to find out about foreclosures and how quickly they could flip the houses for gains.  Not exactly a sign of "the bottom" in housing, is it?
  • Hmm, weight loss stocks.  We're mid-summer and the "weight loss" season is winding down.  If you haven't taken off you're "winter coat" yet, time's running down on summer.  Pretty soon, folks will be able to hide their flab underneath a sweater, enjoy the holiday season, and not worry about it until the New Year's resolution.  No sell or buy recommendations here.  Just an observation. 
  • Are the Pussycat Dolls the new Spice Girls?  I think so.
  • Victoria Beckham (naked, nude, topless, dancing, singing, posh, spice, girls, smoking, bra, panties, blah blah blah).  Some Posh triviaBeckham became "Posh Spice," so called because of her regal and composed attitude, deadpan facial expressions and much elegant pointing towards the camera, and a penchant for short black Gucci dresses and high heels.
  • Heading to Reno for the weekend! 

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