Thursday, July 16, 2009

Stock Market Updates, and MJ hair on fire

Alright, the positive and great earnings reported by the market sector leaders -- Intel Corp., Goldman Sachs Group Inc. and Johnson & Johnson made the market move up and up. JPMorgan Chase reported 36 percent rise in quarterly profit, topping Wall Street forecasts. Google also reported great earnings, further fueling the stock market to move higher and higher.

Indeed signs are now clear that the economy is moving towards recovery. But what about next week?

Remember "The outlook for the consumer, for credit, is not glowing, yet."

And many thinks that the market is overbought as of this week. I warned you, be wary, be careful.


On another note, and this quite interesting, is that there is a video showing MJ's head on fire! Watch the video at CNN. He suffered 2nd and 3rd degree burns.