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Saturday, 17-May-2008 04:13:52 CDT

Friday was good news?

Last week things seemed as bad as they could get for equities. Every piece of good news was destroyed by a seemingly larger piece of bad. This seems to be a market with no momentum. It can't get traction. Good news gets you nowhere, but bad news gets you down. Is there hope? Yes. Where do we find it? Friday.More...

Best since Truman

George W. Bush continues to surprise me. His soft stance on spending has prompted a few nasty editorials from me, but his recent reorganization plan for government security is really an innovative idea. It is quite possibly the best idea for reforming the government since the administration of Harry S. Truman.More...
Tech Leader Index
Last Update 4/10/2006
Start Cap $1,593,623,137,937
Market Cap $1,163,676,883,825
Last Close $734.10
Index Value $730.21
% Change -26.98%
1 Day Change -0.53%
Point Change -3.90
Year to Date 1.97%
  Click for Details
Redneck Index
Last Update 3/30/2006
Start Cap $34,485,194
Market Cap $160,556,129
Index Value $4,655.80
% Change 365.58%
YTD 379.82%
Qwest DSL

We are trying a test here at investmenttool.com. We have decided to wire our offices with business DSL and host our own web site on a Dell Poweredge server. Here is our preliminary experience.More...

The Week Ahead

What might happen in the stock markets next week.

It will be a nervous week next week. Investors are on edge following the conversion of the summer of hope into the summer of losses.More...

The portfolios:

Last weeks portfolio snapshot. More...

Weekly Market Model Updat

Our models still look strong. More.

Common Sense on Mutual Funds : New Imperatives for the Intelligent Investor
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to  those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes  a strong case for index funds with this exhaustive study of investing. The rest of the article.

News Headlines
1 AMEX takes a profit hit
2 Intel & Oracle News Pressures Tech Stocks
3 Asian markets retreat, wait for US
4 Wall street at a turning point
5 Fed cuts can't sustain market
6 Investors await IPO recovery
7 Earnings Glass Half Full
8 JDS Up on upgrade
9 Microsoft Tops estimates
10 Tech stops stride higher
11 Tech stocks maintain gains

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