Thursday, September 3, 2009

Stock Market Update: Thursday, September 3, 2009

Well, today is the day. The day all of America has been waiting for. Yes, that's right, it's the first day of the 2009 college football season and fans everywhere are giddy with excitement for one game in particular. A game with national implications and a story line that is certain to capture the attention of every serious football fan. A game everyone is leaving work early for, so they won't have to miss a moment of coverage. Yes, that's right, I'm talking about South Carolina vs. North Carolina State at 4:00 PM on ESPN - and more importantly, in glorious high definition on ESPN HD! Why this game over that Ducks / Broncos game? Simple! This game has future ex-wife, Erin Andrews, providing her always stellar sideline reports! Does it get any better than this? I submit it does not!

In financial news, it was a pretty good day for just about every one of the bank stocks we track, except for three Oregon based banks: West Coast Bank, Columbia River Bank and perennial penny-stock candidate (say that three times real fast), Bank of the Cascades. Everyone else saw a bit of an increase today, except for these fine institutions. Working for the best bank in America: Priceless. Working for one of these other losers: Not so much.

(And yes, I realize the Erin Andrews link didn't really lead anywhere but I just couldn't help myself from jerking the chains of those of you who probably clicked on it as soon as they saw it!)
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(Opinions expressed in the Stock Market Update certainly do not represent the views of U.S. Bancorp and sometimes not even Peter Milliron. Read at your own risk. Or not, as the case may be.)
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