Bond Yields Still Climbing

The markets are mixed at the open, after a very strong run into the close yesterday. Bond yields are climbing higher, with the 10-year breaking above its 50-day and reaching 4.80%.

Retail sales were weaker than expected, but the stocks are hanging touch. Most of the drop came from the plunge in gasoline sales, which is actually a good thing.

GE reported an in-line quarter, and the stock is down slightly. This isn't that surprising, given the strong run the stock has enjoyed recently. Next week, earnings season will really kick into full gear.

In other news and notes:

• Wish me luck in Vegas this weekend
• Do you prefer 30 Rock or Studio 60?
• ASFI profiled in IBD
• JTX announces $200M buyback
• NPD says Sept. video game sales grew +38%
• JBHT beats EPS, revs light
• AmTech expects solid results from SNDK next week
• Cowen says SIRF well positioned for LBS in 2007
• ASPV lowers Q3 revenue guidance

long GE, SIRF, SNDK