Another Reason to Rally

CNN Money.com’s headline this morning is “A Merry Merger Monday.” It looks like Express Scripts, Harrods, and Realogy will all be merged or sold. Even overseas markets are getting into it as Citigroup won regulatory approval for it’s majority purchase of China’s Guangdong Development bank. Norway’s Norsk Hydro and Statoil have agreed to merge their oil and gas operations. Orthopedics maker Biomet appears to be the target of a couple of firms. And Finally Canada’s BCE has announced that it will sell Telesat. All this merger activity has led to a jump in the futures and a likelihood of a continuation of this rally further into record territory.

I’m hoping all the merger talk and activity gives boost to my stocks, especially WIRE which seems down and out at the moment. CLRK signed another licensing deal. This one with Chinese manufacturer Neo-Neon that should help fuel another rise. We need something that will take the stock above the $25.00 range.