Still Counting

We keep setting records, as earnings keep filtering in. Exxon reported a 10% increase in earnings. Apple posted good results. Ford's losses were less than expected. Everyone's happy, right? Well, there is one dark cloud on the horizon. Countrywide, the big mortgage company, had a big decline and doesn't see things improving anytime soon. Housing is still the spoiler for the party. We'll have to see how this settles out. In the meantime, we'll enjoy the party! DJIA +14.63 NASDAQ +8.26 S&P 500 -0.21