First Real Post

Well, this is the first real post. This is a work in progress, so I am sure that things will change frequently and this thing will evolve over time.

Asian indexes are mixed this morning while European ones are down modestly. American indexes are set to open lower as well. ADP is out and ugly. I will be looking for the S&P to reverse and go positive in early trading.

Not surprisingly, the president, seems wishy washy again, as after only two days ago saying GM had 60 days to submit another plan, it looks as though Obama is pushing for a swift bankruptcy for GM and Chrysler.

No big earnings yet but we will soon see big names begin to report.

Interesting article about what Citigroup traders are thinking.

Looking at dividend yields, Atlas Energy ATN, looks tempting. At yesterdays close dividend will yield 22.4%, and the stock might have support at $10.00. A less concervative stop could be placed just under $8.00. Will buy small today and do more research.

In the M&A world not too much of importance going on. Arb premium for WYE is $3.38 or 7.84%, and for SGP $2.38 and 10.09%.

Well boys and girls, I believe that's it for today. If none of this is interesting, please remember it is a work in progress. Feel free to leave suggestions.