The most anticipated IPO of the year, and quite possibly the decade, is set for 11 am today when Facebook will make its debut on the Nasdaq under the symbol FB. While I do enjoy browsing the site, and I'm a regular visitor, I won't be adding it to portfolios at this point in time.

Last night we learnt news of a $2 billion trading loss at JPMorgan which caught many off guard. While I haven't watched Jim Cramer's "Mad Money" TV show regularly in recent years because I find it more sensational than informational I believe he got it right last night when discussing the issue.

Before I introduce this month's I would like to make a very special mention, and thank you, to Bill Weldon the outgoing Chairman and CEO of Johnson & Johnson (JNJ). At today's AGM Bill announced that the Board of Directors of JNJ had approved a 7% hike in the annual dividend marking the 50th consecutive annual raise for shareholders. The news this morning was music to my ears and to clients' accounts!