the market had their best week in years after surviving a brutal January. The fed cut again, subprime losses continue to mount as banks and other financial institutions are forced to mark to market their subprime portfolios of bad loans. The presidential campaigns are humming along as the pretenders continue to drop out of the race and the contenders begin to solidify their places.
The Super Bowl is this Sunday. Tough to know who to cheer for, one has the Pats going for the perfect season, yet on the other hand, one has the underdog Giants, going for an undefeated season away from their home field, Giants Stadium at the Meadowlands. As long as it is a good game, I won't really mind who takes it.
The marketing is starting. With January being so volatile, we missed out on a chance to start off huge or get crippled out of the gates. Water under the bridge. Nuf said. On with it.
Happy Friday.
DJIA 12,743.19
NASDAQ 2,413.36
SP500 1,395.42
Labels: commentary, motivation, politics, sports, stocks