Tuesday, May 26, 2009

We need a spark


It’s been a while that I bogged. Life is great except the market.
The market behaves so strange that no one has a clue.
I am hoping that after the Memorial Day, the market will be on the rise.

My wife and I had busy weekends. It’s great to have her here. We went to Jasper on a long weekend and it was great. We get to enjoy the mountains the fresh air.
My wife is such a lovely lady. She laughs a lot and makes your day brighter.

The market had been pretty crazy. I just don’t know what to expect.

- Stocks jumped Tuesday after a research group reported consumer sentiment rose in May to the highest level since September.
The Conference Board's Consumer Confidence Index vaulted to 54.9 from 40.8 last month, soaring past the 42.3 figure that economists surveyed by Thomson Reuters were expecting.
- MILWAUKEE (AP) -- The clock is ticking on a June 1 deadline for General Motors Corp. to restructure, and this make-or-break week is expected to bring more plant closures, employee concessions and other last-minute efforts.
- NEW YORK (AP) -- Consumer confidence extended its rebound in May, soaring to the highest level since last September as more shoppers are feeling the worst of the recession is behind them. The Conference Board said Tuesday that its Consumer Confidence Index, which had dramatically increased in April, zoomed past economists' expectations to 54.9 from a revised 40.8 in April. Economists surveyed by Thomson Reuters were expecting 42.3. In February, confidence levels had hit a new historic low of 25.3.
- SEOUL, South Korea – North Korea reportedly tested two more short-range missiles Tuesday, a day after detonating a nuclear bomb underground, pushing the regime further into a confrontation with world powers despite the threat of U.N. action.
Two missiles — one ground-to-air, the other ground-to-ship — with a range of about 80 miles (130 kilometers) were test-fired from an east coast launchpad, South Korea's Yonhap news agency reported, citing an unidentified government official.
- YANGON, Myanmar – Myanmar pro-democracy leader Aung San Suu Kyi told a court Tuesday that although she gave "temporary shelter" to an uninvited American earlier this month, she had not violated her house arrest and was merely trying to shield the man and her security guards from punishment.
Testifying for the first time in the case, Suu Kyi appeared frail and pale but managed an occasional smile. A judge questioned her for less than half an hour about John W. Yettaw, who swam uninvited to her lakeside house.

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