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Thursday, August 20, 2009

The Market On Thursday

At 7:00 a.m. futures are slightly up.

Oil is staying firm around $72 per barrel and there seems to be a level of emotional calm in the equities articles.

Everybody is looking to China. China incidentally is moving to have public health care for all of its citizens who number approximately six times the population of the USA.

Reuters: Stock futures signal gains; eyes on commods
Oil was steady above $72 a barrel on Thursday, after rising more than 4 percent the previous day, buoyed by industry data showing a steep drop in crude imports and stockpiles in top consumer the United States.

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