Holidays Shmalidays

I love general holidays in the US.  No, its not that I get to stay home from work (what work?).  Its the flood of announcements that come gushing from the PR departments throughout corporate america.  Today's big announcement?  Steve Jobs is stepping back from the day to day operations of Apple to focus on his sketchy health.  What does this announcement by Apple have anything to do with the holiday you may ask?  Only that if it was a normal trading day, Apple stock would be pummeled and the general market would most likely end lower.  Releasing this announcement on a holiday allows people to step back, assess the situation and hopefully make a rational decision about the company and not the man running it.  Of course you can still trade the market on a "off" day by using futures, but who's counting.  My totally unsolicited and purely theoretical theory is that Apple will sell off Tuesday morning and then flatten when all the bandwagoneers are through jumping.  The stock will then climb higher but will not reach its current level for ........ oh I don't know, 6 months. ;p

Speaking of press releases, whatever your thoughts on Wikileaks (I will not be giving my opinion on Wikileaks at this time), I'm surprised that Bloomberg does not have this story on its front page as of 10:45am.  Does this mean I need to go to Yahoo Finance to get my finance fix.  Even my "home town" news channel has the story on its front page.  Please tell me its not so Bloomberg!  Hummmmmm, maybe Mayor Bloomberg is on the "list" and doesn't want his news organization spreading the story that there is a "list".  Big Corporate Media conspiracy theorists converge!  Maybe Steve Jobs is on the "list" too? :)  Cheers!

PS -SARCASM ALERT!!!!- Just found this pop up at the top of Bloomberg.  Really the same people screaming that a barrel of oil is as rare as a pink striped hippo are now saying don't worry, there's no need to increase the production of oil, supplies are above the five year average.  Its a good thing they're being paid all that money to talk their book and run our country. (and finally one more set of parenthesis - No I don't buy into the idea that GS is a vampire squid out doing the Lord's work for the enrichment of the leisure class while enslaving the workers of this once proud and prosperous nation.  Or at least I don't believe all of that ;)  )  SARCASM ALERT ENDED!!!!