Friday, March 23, 2007


The markets are mixed across Asia and Europe this morning . The Dow and Nasdaq are looking to open moderately higher.

Home resales across the US declined for the first time in 3 months. Not a big surprise there.

Yahoo is on a roll with its new Panama Program. Is the new pair trade short Google, Long Yahoo ? It was the other way around for most of last year.

Oil prices continue to head north.

Genentech reports flat sales for the 1st quarter. Shares drop.

Nike reported some soft sales yesterday evening but saw global growth.

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