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Monday morning
By Rob | April 28, 2008
For the week, the Dow gained +0.33%, the S&P 500 +0.54%, Nasdaq +0.83%, and the Russell 2000 +0.11%. Though we still have three more trading days in April, the S&P 500 has gained +5.7% for the month which would be its first monthly gain since October. Over the weekend, oil went to $120, showing no signs of slowing down. There are bunch of quantitative models that call for “sell-everything” situations when oil increase so dramatically over the short term. However, this week we expect the market to break through the 1400 level and continue making gains due to tax checks feeding into the economy and the relative undevalue-ness of US markets compared to Euro-markets.
The GPS Snitch lets you track cars and people: NetworkWorld magazine swears by this product. The GPS Snitch is a little (four inch) tracking device you put in a ritzy car, a memory-lagging grandfather, and in the box you’re shipping the Mona Lisa. It has GPS, a cellphone and a motion sensor.
It will send you alerts when it detects movements. And you can ping it and ask it “Where are you?” Or you can have it report regularly — as often as every few seconds. You track it over the Internet via Google Maps on your PC or laptop. The gadget costs $400 and you pay every time you ping it. NetworkWorld’s reporter tested it on his wife when she went shopping. His wife (who knew) was still amazed to have her husband tell her precisely where she’d just been. You can learn more at GPS-Snitch and at BlackLine GPS which has some other neat GPS products.
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