While YHOO traded like a dead sardine on Friday, I would note that the out-of-the-money call options were very active over the last two days.
Is subprime making a comeback in the Big Apple?
Run, don't walk, to read Knowledge@Whartons' "China at a Crossroads: Trade Tensions Vie With Consumer Needs."
I thought many of the economic releases Friday morning (among them inventories, confidence, retail spending and consumer prices) were unambiguously negative vs. consensus.
Regardless, Mr. Market remains the Energizer Bunny.
China has raised its reserve requirements in an attempt to take preemptive measures to control inflation.