Monday Morning Musings

The market is getting a bit of a bounce in early trading, following Friday's strong and surprising showing on the heels of that benign inflation report.

Tomorrow, we will get the CPI report, which tends to be a more closely watched measure of inflation.

The big M&A news over the weekend is that Cerberus Capital Mgt. is buying an 80% stake in Daimler Chrysler (DCX) for $7.41 billion. Also, Nokia (NOK) raised its Q2 guidance and the stock gapped higher this morning.

Asian markets were up strongly overnight, with the Hang Seng surging +2.5% to new highs. The 10-year yield is steady at 4.67%, and oil is slightly higher near $62.60.

The overwhelming majority of the votes that came in for last month's poll, of what you would like to see more of on this blog, was for more stock ideas (and technical analysis). Thus, starting this week I will offer more stock ideas and trades, and less market updates.