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Commentary: Editor's Letter *New* Alerts! Please click here...
On Wednesday afternoon and in follow-up stories on Thursday and twice on Friday, Herb outlined how AremisSoft (AREM:Nasdaq - news - boards), a software company, may have a contract in Bulgaria that is not quite worth what the company has claimed. The company's stock was halted at the open on Thursday and didn't resume trading until Friday afternoon. Herb will continue to track this story, while hunting for other intelligence gems on your behalf. As Herb digs deep, Jim Cramer continues to move stocks in the market. Subscribers to RealMoney benefited from his Action Alert call on Vignette (VIGN:Nasdaq - news - boards) on Thursday. The stock, tabbed as a gainer by Cramer, shot from just under $8 to nearly $10 by Friday. For more from Cramer, he'll be appearing Wednesday, May 23, on CNBC's "Squawk Box" as a guest host from 7 a.m. to 10 a.m. ET. The Fed's recent move has helped solidify the recent bullish trend in the market. In fact, the Fed's aggressive easing has started to prompt concerns about inflation and Fed rate hikes later this year or early next year. Justin Lahart recently took a closer look at this surprising turn of events. Todd Harrison, our resident trading guru, will be taking this week off for some R&R. For astute Friday readers, you'll note that fund manager Doug Kass has agreed to step into the fray on Todd's behalf. Doug has written in Barron's on investment themes, and, as watchers of the Columnist Conversation will no doubt know, he's a lively writer. We look forward to Doug's contributions this week. Finally, if you have any questions, comments or concerns, feel free to email me at dave.kansas@thestreet.com or our customer support staff at members@thestreet.com. We'll make sure your issues get handled. L'Etoile du Nord Dave Kansas Dave Kansas is editor-in-chief of TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He welcomes your feedback and invites you to send it to Dave Kansas.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,023.42 | 1,069.30 | 2,112.44 | 35.03 |
Oil *
76.05
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UP
17.46
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2.67
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UP
7.12
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DOWN
0.30
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10 Yr
3.50%
SPDR Gold
107.43
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+0.17%
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+0.25%
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+0.34%
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-0.85%
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