Good morning and welcome to the weekend. It is 60 degrees and sunny here in Upstate NY. The forecast has the temperatures getting so hot over the next few days along with thunder and lightning storms - my poor doggy, she completely freaks out in the thunder. The rescue remedy does seem to take at least a little bit of the edge off her fear. In truth when you see your dog quietly experiencing fear, you become even more poignantly attached to them because you so much want them to feel good. Well it was an amazing game 7 last night. The Spurs were in it right through the last quarter when Manu Ginóbili inexplicably lost control of the ball on at least three possessions. I know that right now he is kicking himself for taking his eyes off the ball. Maybe he can redeem himself next year but meanwhile the Heat are the champs and Lebron James remains the greatest active player in professional basketball. He is unbelievably good and talented - pure genius.
At 7:55 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
After yesterday's barn sale sell-off who can possibly know what to expect or think about the market's future right now. With futures higher, investors must see bargain prices, what else could it be. Long term there has to be some kind of correction in the pipes with the Fed cutting out quantitative easing which is in part responsible for our present bubble. One thing thing about the market, it's always interesting.
CNN:
Stocks: Regaining composure after plunge
Traders say the coming shift in monetary policy will make for volatile markets in the months ahead.
European stock markets bounced back in morning trading...
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