Happy days are around the corner - Enjoy while you can

This is much better. Last week was a good one.
We have seen DOW rise above 9000 mark.
CAEI is on the move. I sold AVRNQ and made a
few dollars last week. The dark horse “CEMJQ” is on a roll again. What a relief. Looks like UUU is looking very good this morning. Maybe OPC and OCNF are finally breaking through. I think RF might be a good buy this morning. This is looking much brighter then before. I don’t know when I was excited about Monday before.

- WASHINGTON – New home sales in June posted the fastest increase in more than eight years as buyers took advantage of bargain prices, low interest rates and a federal tax credit for first-time homeowners. While home prices are still falling, the figures released Monday were another sign the housing market is finally bouncing back. Earlier this month, the government reported that new home construction rose to the highest level since last fall. And data out last week showed home resales rose almost 4 percent in June, the third straight monthly increase.

- GENEVA (Reuters) – There may be no escape from H1N1 pandemic flu, which according to the latest World Health Organization figures has spread to the most remote parts of the planet including popular island getaways. In a snapshot published on Monday, the WHO said more than 20 countries and overseas territories had had their first lab-confirmed cases of the new virus, widely known as swine flu.

- WASHINGTON (AP) -- Federal regulators on Monday made permanent an emergency rule aimed at reducing abusive short-selling, put in at the height of last fall's market turmoil.
The Securities and Exchange Commission announced that it took the action on the rule targeting so-called "naked" short-selling, which was due to expire Friday.
Short-sellers bet against a stock. They generally borrow a company's shares, sell them, and then buy them when the stock falls and return them to the lender -- pocketing the difference in price.
"Naked" short-selling occurs when sellers don't even borrow the shares before selling them, and then look to cover positions sometime after the sale.

- WASHINGTON (AP) -- President Barack Obama, opening two days of high-level talks with China, said the discussions could lay the groundwork for a new era of "sustained cooperation, not confrontation" in a relationship likely to shape the 21st century.
Obama said that Washington and Beijing needed to forge closer ties to address a host of challenges from lifting the global economy out of a deep recession to nuclear proliferation and global climate change. "I believe that we are poised to make steady progress on some of the most important issues of our times," the president told diplomats from both countries assembled in the vast hall of the Ronald Reagan Building.

- COLUMBUS, Ohio (AP) -- Oil prices on Monday paused in their two-week rally, as stock markets dipped with mixed signals on the economy. Benchmark crude for September delivery lost 5 cents to $68 a barrel on the New York Mercantile Exchange. On Friday, the contract rose 89 cents to settle at $68.05. Oil has rebounded from $58.78 a barrel earlier this month as stronger economic results from the U.S. and China boosted investor optimism along with better than expected second-quarter results from many companies. The Dow Jones industrial average has risen about 11 percent during the last 10 days, but was down slightly in Monday midday trading. The government said Monday that new U.S. home sales jumped 11 percent in June, the largest amount in nearly nine years. Sales have risen for three straight months, but the median sales price of $206,200 was down 12 percent from $234,300 a year earlier.