Light at the end of the tunnel

This week had been great so far in the financial sectors. We are seeing some lights for recovery, may be we are just out of the recession.
DOW gained significantly on Monday.
AIG, FNM, OPC, F and CEMJQ are on the rise. I hope that it continues its rally.

My wife is here and I am really happy that she finally made it to Canada. She is a sweetheart. I need some rest so we can continue with our normal life.

The news flash:

- NEW YORK (AP) -- Bank of America Corp. stock rose as investors appeared comforted by reports that the bank has the means to cover a potential $34 billion shortfall in capital.

- Benchmark crude for June delivery rose $1.42 cents to $55.26 a barrel on the New York Mercantile Exchange, levels not seen since November. Weekly inventory data from the Energy Information Administration is due later Wednesday morning, but an overnight report from the American Petroleum Institute showed a 1-million-barrel slip in crude oil stocks and a 2.9-million-barrel drop in gas supplies.

- WAYNE, Michigan (AP) -- Ford Motor Co. will invest $550 million to convert its old Michigan Truck Plant into a facility that will build small compact modern cars, the car maker said Wednesday.

- NEW YORK (AP) -- Investors found another reason to buy up stocks Wednesday after a report indicated job losses might be slowing. The ADP National Employment Report, an unofficial gauge of the labor market, said that private sector employment fell by 491,000 last month, a huge improvement from the 708,000 jobs lost in March. The ADP report said unemployment is likely to rise for several more months, but at a slower rate.

- MINGORA, Pakistan – Helicopter gunships and mortar teams pounded militant strongholds Wednesday, killing dozens outside emerald mines, the military said, as Taliban reinforcements poured down from their mountain hide-outs and seized homes and government buildings.
The army began taking the fight to militants entrenched in both the Swat Valley and in Buner, just 60 miles (100 kilometers) from the capital, as Pakistan's leader prepared to hear demands from President Barack Obama for forceful action from a struggling ally.

- Mexico City showed more of its usual ebullience during a raucous morning rush hour. Thousands of newspaper vendors, salesmen hawking trinkets and panhandlers dropped their protective masks and added to the familiar din of truck horns and street music. Cafes accepted sitting customers, and many corporate offices reopened.