I did some due diligence Friday night/Not much else going on

As still a shareholder (we and I) of Live Nation, I decided to do some due diligence Friday night and drove to Philly with my son to see Bruce Springsteen. According to my channel check, the live music business continues to be a solid contributor to the growth of the US economy, and globally as well, in what I continue to refer to as a very mixed and uneven economic situation.

Here is an update on the Citi Panic/Euphoria index that I saw over the weekend which reflects some cooling from the extreme Euphoria seen in the mid part of July. With the rebound in stocks, I expect it to tick up again this week just as the II and AAII sentiment gauges have.