The Stock Market has been up and down worse than that on and off-again 11th grade girlfriend you had with a
temperament to match. Makes you feel like John McEnroe did back when he would go on a rage back in the day (watch this clip). I’m sure most of you are now aware, this recent drop in the market is not the worst we have ever seen and we all knew it was coming. Today’s slight comeback is due to an upbeat assessment of manufacturing activity and has eased some fears of the economy grinding to a halt. Ben Bernake knows what he’s doing, and he’s steering America on the right course with his forecast of the U.S. economy to continue to grow moderately. So if you are feeling like ol’ Johnny Mac, take it easy, buy some dividend stocks, look for the fallen fruit stocks, and take a smoke break. U.S. Treasury Secretary Henry Paulson said today – The US economy is ‘healthy’ and transitioning to a soft landing after blockbuster growth in early part of last year. Smoke em’ if you got em and just relax Masters.
New 52-week low for iRobot (IRBT) today. Don’t forget that to consider iRobot’s intellectual property – all their wonderful patents, brilliant inventions, and technology. Sure they haven’t built R2-D2 or C-3PO but they have basically created their own Droid Factory that is generating revenue and constantly evolving new and better technologies. Read the insight and action figure perspective here at the Masters.
