All Things ETF

I have one thing to say, do not party too hard during the week. I got home at about 1 am this morning; I had a great time celebrating a friend's birthday last night. Now I can't move this morning. I am dragging my feet. My head hurts a just little. :-) Ow-w! OK , trading volume to pick up today. So far, so good on earnings from companies that are considered bell weather stocks such as GE and BAC . Wall Street Journal before-the-bell report expects a dampened or lowered opening this morning.

Interesting situation today! Yesterday we saw a nice big run up in the markets with Intel reporting better than expected earnings, and now today, two major money center banks also reporting better than expected earnings results. It's a little hard to say if there will be a pullback today. The Wall Street Journal before-the-bell update suggests a flat opening with the pending CIT bankruptcy filing dampening much of the enthusiasm that the markets had yesterday. 7/16/2009 9:19 AM

Good morning everyone. I hope the week is off to a great start for everyone. The confirmation hearing of Supreme Court nominee Sonia Sotomayer continues for a third day. I am able to watch the hearings on public television throughout the day and they seem to be going well. Republicans senators are really trying to push the envelope, trying to trip the nominee up and force her to make a mistake, but the nominee is having none of it. Expect fireworks today. I can feel the tension oozing out of the TV screen. Go Sotomayer , Go! On a financial markets note, expect a little action in the markets today. I think there is a feeling that although unemployment will continue to rise, the recession has basically ended and the job losses that we are continuing to see is more a matter of businesses repositioning and transforming to compete in a drastically changed competitive environment. Again, I have been touting technology stocks as a good investment because many tech companies, especially the l