Search This Blog

Tuesday, March 29, 2011

The Market On Tuesday

Good morning. It is 30 degrees and hazy here in Upstate NY. The first week of spring has looked and felt a lot like winter. The birds know otherwise as the sounds of spring are here just not the temperatures. Plants are 98% dormant. We have settled on buying a summer vegetable share in a very local farm, its in the same town where we live. We'll see how it goes plus we are growing some of our own in a small garden. Maybe we raise the beds this year.

At 8:30 a.m. futures are slightly up, the dollar is mixed, and oil is down.

The market seems to be stable-ish lately, trading within a narrow range. The news has not changed much. Let's face it, the Japanese nuke disaster is probably much worse than is being reported. Still investors are impressively maintaining their cool.

Today we get news on consumer confidence. Is this the kind of confidence that attracts soul mates? Can a person be consumer confident yet psychologically uncertain?

Figure Obama talking Libya will add a key feeling tone to today's sentiment.

CNN: Stocks set for early gains
(On Monday)...volumes remained lackluster as cautious investors continued to focus on global developments.


After the start of trade, the Conference Board will release March consumer confidence figures.


Oil for May delivery slipped 62 cents to $103.36 a barrel.

No comments: