Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, January 16, 2007

When is Tuesday Monday?

Monday was the MLK holiday, so this is the first trading day of a shortened week. Markets were mixed. Intel's earnings report was bleak. The company is off 39%. While Intel is the elephant in computer processing, it has been slashing prices to fend off the fly around its ear, AMD. I think we will see that situation stabilizing, as technology (namely wireless devices) leads the way in 2007. The consumer electronics show in Vegas displayed some of the new gadgets for this year. My husband is pushing for a new television at home. I hope he doesn't see this television best in show! Dow +26.51 NASDAQ -5.04 S&P 500 +1.17