It’s been such a great week. My overall portfolio’s are up 60% .I am so optimistic right now about the market yet cautious. I finally sold HIG, looks like CEMJQ is the dark horse.
I have to observe OPC very closely; don’t want to get blind sided with any unexpected hits. I will be looking forward to some great numbers next week.
My wife is doing great and happy. She is enjoying every moment here. We got a big plan this weekend. We are invited to a dinner tonight. She wants to do some shopping tomorrow and Sunday we are meeting two families for brunch. It is going to be a busy weekend.
- WASHINGTON (AP) -- The pace of layoffs slowed in April when employers cut 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 percent, the highest since late 1983, as many businesses remain wary of hiring given all the economic uncertainties.
- Wall Street welcomed the Labor Department's report that employers cut 539,000 jobs last month -- the fewest in six months and much less than the 620,000 analysts had expected. The news sent the Dow Jones industrials up as much as 143 points in early trading. The jobs report also said the unemployment rate climbed to 8.9 percent -- the highest since 1983 -- from 8.5 percent as many businesses refrained from hiring amid an uncertain economic outlook.
- NEW YORK (AP) -- The group of dissident Chrysler bond holders challenging Chrysler LLC's government-backed restructuring plans, said Friday that it is dropping its court fight. Geoffrey Gwin, principal of the Group G Capital Partners LLC hedge funds, said that after weighing the obstacles ahead and along with the opposition they had faced before, the group's five remaining members realized that they couldn't mount an effective legal challenge.
- TOKYO (AP) -- Toyota Motor Corp., battered by plunging global sales, reported its worst annual loss since its 1937 founding -- and forecast even more red ink in the year ahead. The world's largest carmaker said Friday its net loss for the January-March quarter was 765.8 billion yen ($7.7 billion) -- bigger than General Motors reported for the same period. That brings Toyota's fiscal year loss to a larger-than-expected 436.94 billion yen ($4.4 billion), a dramatic reversal from the record profit of 1.72 trillion yen it earned the previous year
I HOPE WE ALL HAVE A GREAT WEEKEND
No comments:
Post a Comment