In labor news, longshoremen walked off the piers today; rescue operations are continuing

We believe a contract with steep labor concessions is the sign of a troubled core industry, not 'good news' for investors.

The addition of jobs by Texas employers, as well as the declining unemployment rate, is great news for the labor market.

There is some good news in this report today, which is that this video game industry one has the best rating system of any entertainment industry. And it has done more to respond to the FTC (Federal Trade Commission) report last fall that said that the entertainment industry was marketing adult rated products to kids,

Today is very news driven. You've got GE, you've got HPQ, and the economic reports were a little better. It's the tech stocks that are leading the way. You're seeing a rotation out of the consumer stocks and into the techs.

If Thomas Edison invented electric light today, Dan Rather would report it on CBS News as "candle making industry threatened".