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There is something very wrong when a company's net income increases 28% in the quarter and revenues go up 58% year to year and the babies in Wall Street play automatons and push the stock down as much as 7% immediately. It is important to remember that not very bright people are pushing markets and investors run in herds. Wouldn't it be nice if some people gave companies credit for not meeting unrealistic "expectations" -- especially when you look past the numbers? People are asking -- on TV- "is it over for Google?" How ridiculous!

Michael Vick shouldn't be on a football field and Americans need to stand up on principles. If the only way to make yourself heard is to avoid Home Depot, then do it.

It almost doesn't matter which energy stocks you invest in -- though Fast Money folks love to debate conoco versus chevron. I actually prefer Exxon, but they are all doing very well and will continue to do so. The pressing need for oil is not going away -- not anytime soon, not in our lifetimes. Alternatives are needed, but oil and natural gas will be the principal source for as long as you can look out. A new, comprehensive and international study just concluded the world's growth in population and rising living standards worldwide is expected to increase energy consumption globally 50% in the next 25 years!! Think about that.

Yahoo and Intel did some one day damage to the market, but it rebounded because the economy is driven by Google these days. Expectations for Google are so high that we might not be so lucky to see a quick rebound if things don’t go so smoothly.

Doug Kass, a seasoned and successful investor, was brought on Fast Money this evening. He was cool; he was lucid; he was convincing. But he was as far off message from the folks at Fast Money as one could be. It is to Fast Money's credit that they did have him on the program, even if they paid only scant attention to what he had to say. His message was simple and sobering -- we are bubbled out. The markets are responding to momentum not fundamentals. They are far overshooting.

Harris Interactive's brand survey lists Coka Cola as the number one brand. Interestingly, Microsoft beat Apple.

The US dollar is collapsing and that is why the stock market is going up

If these guys think that they can still meet their earlier estimates for 2007 and 2008, then I want some of whatever they are smoking!

The media seems to have traded in attention to the iPhone for the 14000 mark on the Dow. Both are hype. Euphoria in the market is about to face the impact of Intel and Yahoo numbers as well as the sub prime. All this is a recipe for trouble. Just watch the media turn on a dime.

The New York Times is reporting and Business 2.0, the venerable chronicler of the Internet and technology may be shut down soon. I don't think it will happen.

Even before the phone went on sale, there were a host of companies developing accessories for the iPhone. It is obvious that there will be a large array of such things in the near future. The iPhone will generate its own economy with products developed around the globe. There are now some very specific ones and many others that will follow -- some still unimagined and ripe for the entrepreneur.

Now the very rich can feel very happy on their way to the club, driving the new Lexus hybrid and satisfied that they are doing their part to reduce carbon emissions. Think again guys. Lexus is fooling you and You are fooling yourselves.

Retail sales were down big-time, far below expectations. Oil continues to rise, and will soon be at 80 or more a barrel. Everyone knows the impact of sub prime mortgage problems will really hit the economy and take a significant bite out of it. AND this week, the markets made huge gains and reached new highs. Is there something wrong about this story?

The CNBC crowd knows nothing.