Consumer confidence data brought in the sellers today, although not very strong, as concern about unemployment kept the uptrend in check.
The FDIC is looking to require banks to pre-pay fees through to 2012, in order to raise capital. In other words, the FDIC is broke with bank failures at a two decade high. I wonder if the Feds are concerned at the failure rate and if Congress considers that banking institutions are fundamentally sound.
AAPL has sold over 2 billion iphone/ipod applications, with 85K applications available, truly phenomenal.
Summary: no changes, the markets remain in a technical uptrend |