Monday, July 27, 2009

Monday Randomosity

  • Whoa, is this thing plugged in? The market was down slightly most of the day but managed to close in the positive. Advancers led decliners, and volume was light. 
  • The market has come a long way (baby) the last two weeks.  I think a lot of folks are frustrated that they missed it.  Many have been trying to short the rallies and that certainly hasn't worked.
  • Sarah Palin steps down.  I imagine she's going to go out on the talking circuit and cash in.
  • As Barry Ritholtz noted over the weekend, we've had many stocks report better than expected earnings because of cutting costs.  Amgen todayBiotechnology company Amgen Inc. said Monday second-quarter profit jumped 40 percent on a tax benefit and lower costs following a restructuring program, despite a continued decline in anemia drug sales.
  • Verizon says "Hey, we can play that game!" and announces 8000 job cuts.
  • Senate group omitting Democrats health care goalsAfter weeks of secretive talks, a bipartisan group in the Senate edged closer Monday to a health care compromise that omits a requirement for businesses to offer coverage to their workers and lacks a government insurance option that President Barack Obama favors, according to numerous officials.
  • Michael Vick reinstated to the NFL.  Remember, he's a fantasy stat killer.  So should Vick sign with a team and be named the starter, those receivers go to the bottom of the fantasy draft list. 
  • If you're married, stay marriedIt's not clear if the dissolution of a marriage directly affects health or if some other factor is at play. Still, "marital loss does seem to be a powerful force damaging health," said sociologist and study co-author Linda Waite. "And it seems to work about the same way for men and women, and for emotional well-being and physical health."
  • Another reason to love summer... Watermelon!  Sugar water (nature's gatorade). 

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