5/14/08

Economics

A view of the retail sales numbers reported yesterday:

http://bespokeinvest.typepad.com/bespoke/2008/05/retail-sales-fo.html

A look at the consumer price index:

http://mjperry.blogspot.com/2008/05/inflation-falls-4-months-in-row-lowest.html

And farm income:

http://mjperry.blogspot.com/2008/05/harvesting-cash-who-wants-to-be.html

Politics

More on McCain’s energy policy:

http://hughhewitt.townhall.com/blog/g/cc31d8a3-bf3b-47c2-befe-2bc17a921989

And:

http://article.nationalreview.com/?q=NTUzNWUzYTA4ZTkwMTVhZmM3M2NkZDc5NDhmOTRkMzA=

Domestic

Jeremiah Wright’s magazine:

http://www.weeklystandard.com/Content/Public/Articles/000/000/015/082ktdyi.asp

International War Against Radical Islam

The Market

Technical

The current chart of the S&P:

http://bespokeinvest.typepad.com/bespoke/2008/05/sp-500-holding.html

And another of price and volume:

http://bespokeinvest.typepad.com/bespoke/2008/05/l.html

Fundamental

Subscriber Alert

At the Market open this morning, the Dividend Growth Portfolio will Add to its Holdings of Wells Fargo (WFC-$29) and Ingersoll Rand (IR-$44): the High Yield Portfolio will Add to its Holdings of Martin Midstream (MMLP-$35) and Bank of Nova Scotia (BNS-$48). It will also initiate a one third position in Nustar Energy LP (NS-$51).

http://finance.yahoo.com/q?s=WFC

http://finance.yahoo.com/q?s=IR

http://finance.yahoo.com/q?s=MMLP

http://finance.yahoo.com/q?s=BNS

http://finance.yahoo.com/q?s=NS

News on Stocks in Our Portfolios

More Cash in Investors’ Hands

Hewlett Packard is buying Electronic Data Systems for $12.6 billion in cash.

Finmeccanica is buying DRS Technology for $4 billion in cash.