Yahoo! not perfect

This morning I think that the writers at Yahoo!’s financial website will be surprised. Though I’m not necessarily watching the Dow futures or the S&P or NASDAQ, I am watching a few particular stocks, and those stocks will be opening a little lower than they closed yesterday. So when Yahoo! states as one of their headlines that US Stocks Head For Higher Open, is someone being hopeful?

Alright, so I actually do watch the Dow futures. And the S&P and NASDAQ. But when I see the Dow up so well before hours and I see some of the stocks I follow set to open below where they closed, I get the idea that the market will start higher and will come down. Maybe I’m wrong, I can handle that. Maybe I’m right, do you want to bet against me?

The second thing that the Yahoo! finance page seems to have incorrect is the Asian Straits Times market. The number shown is 3,344.53 , up +3,344.53, which is represented as being up +1.00%. The Straights Times went up 1% and they accidently have it as 100% or it went up 1% and they accidently have it as 100%?

Yahoo! can be so confusing.

Alright.. this morning might be a little painful to you GOOG longs. ORCL longs might also be a little sad. But if the market ignores the increased unemployment numbers, everything might go higher and stay higher. After all, that’s not a problem right?

The Chicago Exchange is raising the margins for grains.. sounds like someone wants more money somewhere.

I’m holding puts in COF, GS, and C. Time for a drop to make me happy.