Friday, April 3, 2009

Spring Break


Spring break is next week for the kids in this part of the world. Kind of fitting since this market also needs a break after that monster move that it has had off the March lows.

<--- S&P 500 1 month chart. +23% in under a month.

RIMM tore the cover off the ball with earnings last night. Go Canada.

Semiconductor memory maker and perpetual capital destroyer Micron Technology reported in line last night and had very cheery things to say about the bottoming of its end markets pretty much across the board.

Ever notice how there are way more positive data points on days when the markets are up?

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I don't know but Michael Arrington might. Google to buy Twitter? I've heard good things.

"Why would Google want Twitter? We’ve been arguing for some time that Twitter’s real value is in search. It holds the keys to the best real time database and search engine on the Internet, and Google doesn’t even have a horse in the game."

Real time search. Sweet.

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