Bobby's Corner-Market Open 5.13.2008

Wed. May 14, 2008

Good Morning:

The dollar strengthened after yesterday’s strong retail sales data.

With speculation that the Fed’s easing policy is at the end of the cycle the week dollar

sentiment that has been the trend in the marketplace for the past few years may be waning.

World Equity markets were mixed overnight, and US futures are lower as poor earnings forecasts from Deere & Co and Electronic Arts Inc caused concerns about 2008 earnings.

Oil: $ 125.52

Gold: $ 865.90

Today we have data on:

CPI   Est.: .3%      Prior: .3%

Have a GREAT DAY and GOOD LUCK