It was a flat week for the stock market.� That wasn't bad considering the strong gains the previous week.� The comment in last week's Weekly Wrap�that "the underlying tone is improving as the worst fears are fading" is still valid.�
Earnings and Fed expectations dominated the action this week.�
Second quarter earnings reports continued to impress.� It now appears that second quarter operating earnings for the S&P 500 companies in aggregate will post a very strong 15% gain.� That is well above the 12
Firm Up Your Dinner Plans. Deciding ahead of time what you are having for dinner will keep you from grabbing the wrong foods when you are in a pinch. Set a deadline for yourself, say 3 p.m., to know what you're serving. This will give you plenty of time to plan and pick up what you need.
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Star Magazine
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Israeli planes strike deep into Lebanon An Israeli soldier stands in front of a smoldering car at the scene of a rocket attack near Kibbutz Giladi, northern Israel, August 6, 2006. Ten Israeli soldiers were killed and at least nine others were wounded when a Hizbollah rocket slammed into a group of reservists in northern Israel on Sunday, medics and Israeli media said. REUTERS/Carlos Barria (ISRAEL)