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Strong Bounce In Early Trading
Posted on 12/27/2006 08:15 AM | Link | Post Comment
The market is opening on a positive note. The housing data came in a little better than expected, causing for another call that the worst of the housing slump is behind us.
Oil prices have fallen further, breaking below $61. This is weighing on the energy complex. For its part, the 10-year yield is up a bit to 4.61%.
The dollar is down today on news that the United Arab Emirates is looking to diversify some of its holdings away from the dollar.
The NYSE opened 2 minutes later this morning to observe the passing of Gerald Ford. I met him once when I was young, skiing in Beaver Creek, and he was very friendly. I know this doesn't speak to his political accomplishments, but it is a memory that sticks with me.
In other news and notes:
Oil prices have fallen further, breaking below $61. This is weighing on the energy complex. For its part, the 10-year yield is up a bit to 4.61%.
The dollar is down today on news that the United Arab Emirates is looking to diversify some of its holdings away from the dollar.
The NYSE opened 2 minutes later this morning to observe the passing of Gerald Ford. I met him once when I was young, skiing in Beaver Creek, and he was very friendly. I know this doesn't speak to his political accomplishments, but it is a memory that sticks with me.
In other news and notes:
- AAPL gaps lower on faked documents rumor
- SEC starts formal options probe on UNH
- Asian markets strong again overnight
- STP featured in IBD
- ICE target raised to $125 at BofA
- NEW falls after declaring dividend
long AAPL
- Will The Streak End At 8?
- Sneak Peak Ahead Of The Open
- The Week Ahead
- A Mostly Flat Open
- Midday Check
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Fri Jul 18, 2008 08:23AM
U.S. stock futures rebound on Citigroup results"S&a [read more]
U.S. stock futures rebound on Citigroup results"S&a [read more]
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