This is the housing sell season,said CNBC host Jim Cramer.There's no inventory.Prices are being bid up,I know in the tristate area.It's too hot.*
I like 2:45 for a stock market rally.A great rally takes place at 2:45 and runs till 3:15.That's the sort of rally you want to trust.*
Though topping the May 2-4 box office,Sony Pictures' The Amazing Spider-Man 2 didn't do quite as well at bragging rights over its opening as Disney's Captain America:The Winter Soldier did in its April debut.Spider-Man,starring Andrew Garfield and Emma Stone,brought in 92 million dollars,while Captain America had earned 95 million.It's all Disney right now,the popular analyst Jim Cramer pointed out.
About 40% of the year's box office is made over the summer cinema season,which begins the first weekend in May.*
The Institute for Supply Management's April service sector report came in stronger than expected at 55.2.Over 50 indicates expansion.There was a big jump in new orders from 53.4 to 58.2.Employment in the sector held basically steady at 51.3,versus March's 51.6 reading.Inventory backlog fell,while traffic and sales were up due to a break in the weather.*
A U-2 spy plane on a mission over the Los Angeles Basin overwhelmed the region's primary air traffic control center,the Los Angeles Air Route Traffic Control Center in Palmdale last Wednesday,causing up to 500 delays for a one hour period at LAX Airport,the FAA said.The secret aircraft apparently had to input a lot of waypoints,confusing the system that safely spaces airline flights.The U-2 was actually flying at an altitude of 60,000 feet,far above the airliners.Mitigation measures were put in place and engineers are making software changes to prevent a reoccurrence of the incident.
The U-2s are known to fly out of Edwards Air Force Base,California.The US Air Force is phasing out its fleet of about 36 of the 1980s version of the Cold War era spy plane.*
Sony(SNY),Disney(DIS)
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