Wednesday, July 15, 2009

Earnings Rally

  • The $INTC earnings news last night greased the skids and the market took off today. It tamped up all day long. Volume was strong. Tech and small caps led. Nice!
  • New Senator Al Franken asked Sotomayor if she remembered the one case TV lawyer Perry Mason lost. Isn't that what we expected from the SNL vet?
  • The week is flying by.
  • I noticed that the TV show The Cleaner had Grace Park smoking a cigarette in last weeks show. She also used the words "ass" and "shit storm." Its cable but sometimes catches you by surprise.
  • So is the market still going sideways for the Summer? Probably. I have remained long. Still thinking we are headed to an economic recovery.


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