Tuesday, August 03, 2010

The Market On Tuesday

Morning. Navigating the web is becoming problematic as we work through a larger more stuffed maze of ads. Its getting ridiculous and I'm sure it will get more extreme.

At 7:45 a.m. futures are slightly down.

Investors will be parsing economic data throughout the day. Its really a crap shoot, the market could go in any direction including sideways, and including a severe downturn.

The price of oil is now up over $80 per barrel and is up today. With oil being central to the stock market, that might have some pull on energy equities. We shall see.

CNN: Stocks set for flat start
...readings on personal income, factory orders, home sales and auto sales.


U.S. light crude oil for September delivery rose 59 cents to $81.84 a barrel.

No comments: