Quote of the Day

"This is no time for ease and comfort. It is the time to dare and endure." - Winston Churchill


Morning news of note:

• NYSE short interest rises to record levels in May, for the third month in a row
• French economic growth slowed to +0.2% in Q4, near recessions levels
• Time Warner initiated its first dividend - $0.20, or 1.1% yield
• The FDA requested additional technical information from Syneron Medical on its VelaSmooth approval
• Apple recalls 128,000 iBook, Powerbook batteries

The market is opening a little weak this morning. I would not be surprised to see the market take a breather today. It would actually be healthy.