{"id":20839,"date":"2013-07-11T09:08:02","date_gmt":"2013-07-11T13:08:02","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=20839"},"modified":"2013-07-11T09:08:02","modified_gmt":"2013-07-11T13:08:02","slug":"going-up-big-today","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=20839","title":{"rendered":"Going up big today?"},"content":{"rendered":"<p style=\"text-align: left;\">Are we lucky people, or not? Helicopter Ben is at it again, pushing equities even higher.<\/p>\n<p style=\"text-align: left;\">Everyone should subscribe to <em>Business Insider&#8217;s<\/em> free<strong> Money Game<\/strong> newsletter.\u00a0 From this morning&#8217;s email called, <em>&#8220;10 Things You Need To Know Before The Opening Bell<\/em>&#8220;:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">During a Q+A after his speech in Boston yesterday, Fed Chairman Ben Bernanke sounded a distinctly dovish tone about the direction of monetary policy. He signaled rates would stay low for a long time, citing an unemployment rate that probably overstates the health of the labor market.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Markets were up big, led by the Shanghai Composite, which gained 3.2% on the day. The Hang Seng ticked +2.55%, and Australia&#8217;s S&amp;P\/ASX 200 gained +1.31%. European markets are higher across the board, led by the DAX at +1.08%.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Gold futures are staging a comeback after Chairman Bernanke&#8217;s speech, and are now 2.88% higher than they were prior to 4 pm Wednesday. Mike O&#8217;Rourke of JonesTrading says gold is best-positioned to take advantage of the dovish Bernanke struck yesterday. Meanwhile the dollar is falling. The DXY dollar index was down -1.32%, and off -1% against the Swiss franc.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Initial jobless claims will be published at 8:30 am. Consensus is for 337,000 against 343,000 prior. Import\/export prices and the Bloomberg consumer comfort index also come out this morning.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">The Bank of Japan issued its most sunny outlook for the country&#8217;s economy since 2011, the FT&#8217;s Jonathan Soble reports, saying the economy was &#8220;starting to recover moderately.&#8221; They cited a 10.5% gain in machinery orders for May as evidence.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Greece&#8217;s unemployment situation continues to worsen as the April jobless rate hit 26.9%, a 3.8 point rise from last year and a 0.1 point increase from March.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Samsung has topped Apple for mobile web use. They now control 25.47% of that market, ahead of Apple&#8217;s 25.09%. Nokia clocks in at 22%.<\/p>\n<p style=\"text-align: left;\">\u00a0To subscribe, click <a title=\"Business Insider\" href=\"http:\/\/www.businessinsider.com\/\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Ever need to fix something. Anything?.<\/strong><span style=\"color: #000000;\"> Search on YouTube. You&#8217;ll always find a helpful video. <\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">If you&#8217;re a manufacturer, it&#8217;s great customer P.R. to make videos showing how your stuff works, how to fix it and, most importantly, why you designed it the way you did.Most popular: when the designer himself\/herself star in the video.<br \/>\n<\/span><\/span><\/p>\n<p style=\"text-align: left;\">And if you do good ads, you&#8217;ll get even more bang for your buck if you put them on YouTube. Here&#8217;s one from Evian, which is just plain stunning. Click <a title=\"Evian commercial\" href=\"http:\/\/www.youtube.com\/embed\/pfxB5ut-KTs?rel=0\" target=\"_blank\"><strong>here.<\/strong> <\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Fluking a serious pleasure. <\/strong><span style=\"color: #000000;\">We travel all the way to Siena, Italy and fluke upon a fabulous exhibition by a New York photographer called Steve McCurry, whom I think of as the Henri Cartier-Bresson of today&#8217;s time &#8212; in color, not in black and white. The exhibition is <\/span><\/span>at the <em>Santa Maria della Scala <\/em>and housed way underground in a sort of vault. The setting is fabulous. Best I&#8217;ve ever seen for a photo exhibit. They give you an audio device. McCurry tells the story of many of the pictures.<\/p>\n<p style=\"text-align: left;\">This is McCurry&#8217;s most famous photo &#8212; the young Afghan girl, with those ultra-piercing eyes.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/AfghanGirl.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20850\" alt=\"AfghanGirl\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/AfghanGirl.jpg\" width=\"300\" height=\"406\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/AfghanGirl.jpg 300w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/AfghanGirl-221x300.jpg 221w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Here&#8217;s Michael, my son&#8217;s favorite picture. You cannot take this picture any longer. The train tracks are gone. There are high rises everywhere.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/TajMahl.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20852\" alt=\"TajMahl\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/TajMahl.jpg\" width=\"500\" height=\"331\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/TajMahl.jpg 500w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/TajMahl-300x198.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">This is my favorite photo. An Indian tailor saves his sewing machine during one of the monsoon floods.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/SewingMachine.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20857\" alt=\"SewingMachine\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/SewingMachine.jpg\" width=\"500\" height=\"375\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/SewingMachine.jpg 500w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/SewingMachine-300x225.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">The photo has a happy ending. The manufacturer of the sewing machine found the man and sent him a new, free sewing machine.<\/p>\n<p style=\"text-align: left;\">The Siena exhibit runs until November 3. You can see more here: <strong><a href=\"http:\/\/www.santamariadellascala.com\/\" target=\"_blank\">Museum Information.<\/a>\u00a0\u00a0<\/strong>Y<span style=\"color: #000000;\"><span style=\"color: #000000;\">ou can see many more of McCurry&#8217;s wonderful photos on his web site: <a title=\"Steve McCurry, photographer, web site.\" href=\"http:\/\/stevemccurry.com\/\" target=\"_blank\"><strong>SteveMcCurry.<\/strong><\/a><\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>The best airline seats are nearest the exit door.<\/strong> <\/span>Apparently some seriously selfish passengers on the ill-fated Asiana flight delayed getting off the stricken plane by rummaging around for their luggage and taking it with them. What madness do we humans exhibit. That&#8217;s it. I sit in exit aisles.<\/p>\n<p style=\"text-align: left;\">The Wall Street Journal&#8217;s William Harless says some passengers from the flight that crashed at San Francisco&#8217;s airport appear to have been injured by\u00a0 the standard lap-band seat belt. A business class passenger with access to a chest harness emerged relatively unscathed. How do you get one of those? Sounds like a great idea. I&#8217;m checking.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>The New Yorker&#8217;s newly designed web site is stunning. <\/strong><span style=\"color: #000000;\">I love the New Yorker as a print magazine. We get two subscriptions &#8212; one for Susan and one for myself, so we don&#8217;t fight over the issue. You get free access to the web site with a subscription. That&#8217;s how I get these great cartoons, from this week&#8217;s issue:<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/Triumphant.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20863\" alt=\"Triumphant\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/Triumphant.jpg\" width=\"512\" height=\"403\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/Triumphant.jpg 512w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/Triumphant-300x236.jpg 300w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/CrashedtheDow.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20864\" alt=\"CrashedtheDow\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/CrashedtheDow.jpg\" width=\"530\" height=\"409\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/CrashedtheDow.jpg 530w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/CrashedtheDow-300x231.jpg 300w\" sizes=\"auto, (max-width: 530px) 100vw, 530px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/Products.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20865\" alt=\"Products\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/Products.jpg\" width=\"519\" height=\"553\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/Products.jpg 519w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/Products-281x300.jpg 281w\" sizes=\"auto, (max-width: 519px) 100vw, 519px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #000000;\">\u00a0<\/span><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/HarryNewton.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16364\" title=\"HarryNewton\" alt=\"\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/HarryNewton.jpg\" width=\"233\" height=\"210\" \/><\/a><br \/>\nHarry Newton who&#8217;s going to have his cataracts removed and replaced with new lenses which will not give him 20-20 long distance vision, but perfect vision for reading and for computers &#8212; &#8217;cause that&#8217;s what he does most of the time. For long distance, I&#8217;ll have to wear glasses. But since I&#8217;ve been doing that since I was six, it won&#8217;t be a burden. I&#8217;m told you see a lot better with new lenses and no cataracts. I&#8217;m looking forward to my new world. Some time this summer.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are we lucky people, or not? Helicopter Ben is at it again, pushing equities even higher. Everyone should subscribe to Business Insider&#8217;s free Money Game newsletter.\u00a0 From this morning&#8217;s email called, &#8220;10 Things You Need To Know Before The Opening Bell&#8220;: During a Q+A after his speech in Boston yesterday, Fed Chairman Ben Bernanke sounded [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20839","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/20839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20839"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/20839\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}