Friday, July 8, 2011
THIS IS 8JULY2011
July 8 is not a particularly monumental day in history:
- the First Crusade in 1099 is remembered in history
- Vasco da Gama (left) set sail to India in 1497
- Commodore Matthew Perry (right) sailed into Tokyo Bay
- the first issue of the Wall Street Journal was published in 1889
- Florenz Ziegfeld had his first Follies in 1907
- the Dow Jones Industrials experienced its lowest low at 41 in 1932
- that UFO (yes, it was never identified) supposedly crashed in Roswell in 1947 (these drawings at that time are why all those movies show aliens looking like James Carville).
- U.S. began troop withdrawal from Vietnam in 1969.
- Boeing tests the Dreamliner in 2007...except where is it today? Oh, All Nippon Airlines will fly from Tokyo to Delhi next week.
- and Atlantic was launched as the final mission of the American Space Shuttle Program today.
No particular significant births on this day in history, but, so that you can entertain yourself by clicking on the name:
1934 wide-eyed comedian Marty Feldman (right) was born (golfers take note)
1935 singer Steve Lawrence was born (okay, that was a clip with Eydie Gorme about the Bossa Nova first, pleasantly off-pitched, but stay tuned for "Go Away Little Girl")
1949 Hawaii comedian Frank DeLima
1958 actor Kevin Bacon
The number one song a century ago was John McCormack's "I'm Falling in Love with Someone," and fifty years ago was "Quarter to Three" performed by Gary U.S. Bonds, but the next day came Bobby Lewis's "Tossin' and Turnin'," which stayed at the top for seven weeks.
The Guns of Navarone might have been the number one film today, but in 1961, it ranked as #2 by critics to West Side Story. La Dolce Vita, Blue Hawaii and Breakfast at Tiffany's, also did well this year. Muchly debated, but Audrey Hepburn actually did sing that version you just clicked on. However, her voice was deleted from the subsequent movie soundtrack. Can you imagine this was 50 years ago?
Have a great weekend!
It looked bad for a while, when the Dow Jones Industrials sunk 150, but they recovered to only drop 62 to 12,647, with Asian markets up and the rest of the world decreasing. Gold jumped another $13/toz to $1544. It was $1551/toz in May. The differential between the NYMEX oil ($96/barrrel) and Brent Spot ($118/barrel), at $22/barrel, is high, but not quite a record. Exactly hree months ago the difference was a few cents greater. Apparently, this disparity has more to do with the North Sea production decline than aything in Libya, Syria and Yemen.
Wow, all of a sudden Calvin is a Pacific hurricane at 75 MPH, heading west in the general direction of Hawaii. However, weakening is expected soon. There is a disturbance in the mid Gulf of Mexico with a general trajectory towards the Louisiana to Florida coastline, but nothing looks threatening at this time.