Closing Prices From Yesterday
Today’s Number(s)
Yesterday
The markets are still nuts, but in a more muted way. The market opened up 70 points and proceeded to sell off. While selling off we made a low in the Dow of a net change of -166. From there we climbed right back up despite oil slowly falling. Oil closed down $2.46, and yet the markets made it back to unchanged.
After hours NFLX and IBM came out with earnings. IBM was average which caused the stock to run up $3 and then down -$3 (a range of $6).
Gold has made it up almost $100 this moth closing near $1,300.
TODAY
I am getting close to coming out of the January retirement. This market has the earmarks of wanting to go higher. Oil has been a lag on the market for months. Yesterday oil took a big drop of $2.46, about as big as oil ever falls in one day, and the markets worked their way back up. This has my gut telling me that there is a lot of buying underneath.
One fear the markets have to get over is what happens in Europe on Thursday. And given Dhragi’s ability to disappoint every time he opens his mouth, people are obviously cautious about getting over exaggerated.
POT is held each Wednesday night at 7:00pm eastern.
Contract the office at 1- 855 – RWT – 0008 for more details.
Attorney Stuff
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