Friday, May 01, 2009

TGIF and Monica Raymund!

  • Energy stocks caught the buzz today, and the markets closed the week up. Low volume day and the market was choppy.  Still fits into the churning at the top theme.  Monthly strength period winding down, so we'll see if the mo-mo can last.
  • Big surge (5%-ish) in Natural Gas. Watching $UNG.  One day wonder or the start of the ramp in energy prices?  I think the latter, because the economy has turned the corner and energy demand will go up. 
  • Supreme Court Justice David Souter is going to retire, and President Obama plans to replace him by October.  You know, if President Obama is serious about reaching across the aisle to work with the Republicans, why not nominate a conservative, the very way George H.W. Bush nominated Justice Souter 20 years ago?  (LOL)
  • Couple arrested for sex on lawn at Windsor Castle.  Classy! No room at the Inn, as they say...  "The couple did not care who was looking and just kept going as if they were in their own bedroom."  Japanese tourists filmed the couple, who only stopped when police officers arrived on the scene, witnesses said.  Who has the Youtube link? 
  • President Obama gave you a tax cut, right?  Right?  Right?  Millions of Americans enjoying their small windfall from President Barack Obama's "Making Work Pay" tax credit are in for an unpleasant surprise next spring. The government is going to want some of that money back.
  • Hopefully, you're saving your tax cut so you can send that money back in to the IRS next April.  Nice.
  • h/t to Orange Punch for this:  “Californians, by a roughly 3-to-2 ratio, are unwilling to pay higher taxes to help balance the budget.” - San Francisco Chronicle.  But, I bet folks still want lots of programs and zero cuts...

Picture is of Monica Raymund, who plays Ria Torres in "Lie to Me."