Tuesday, March 22, 2011

The Market On Tuesday

Good morning. It is 37 degrees and cloudy here in Upstate NY. Yesterday's snow is gone. Truth is it may very well snow again and then some. Still its nice to not be so bundled up all the time. I think the adjustment from winter to spring is a hard one. It takes a few weeks to settle into the change.

At 8:20 a.m. futures are ever so slightly up, the dollar is mostly down, and oil is down.

The stock market was raging yesterday. Any little signs of hope out of Japan will be viewed as a positive development on Wall Street. Mergers are always good for some festivity.

And then its on to Libya. Just out of curiosity, how does Obama get to initiate a military offensive of any kind? Isn't there a little hey Congress whad'ya think clause in there somewhere...

CNN: Stocks: Nervous investors step back
"Any good news in Japan is going to tempt investors back into the markets."


Oil for April delivery slipped 15 cents Tuesday morning, or 0.1%, to $102.18 a barrel.

No comments: