Wednesday, April 25, 2007

Busy Day

To get the obvious out of the way, the DJIA bagged the 13,000 peak today and doesn't look as though it's going to give up too much ground in late afternoon trading. Amazon (AMZN) is the Queen of the ball today, up nearly 25%!!! on reports of rosy sales and profits.
New home sales were up 2.6% in March. Compared with sales of existing homes that's down 8.4% in March, the biggest decline in 18 years. Meanwhile, the Euro is approaching that all-time high vs. the U.S.Dollar.

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