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Friday, August 30, 2013

The Market On Friday

  Good morning. It is 67 degrees and cloudy here in Upstate NY. The weather logo shows sunshine, go figure because it sure seems like rain is on the way. Hey the long weekend awaits, nothing like a three day weekend to help boost just about anything. It looks like the US is going to go it alone and eventually start raining bombs on Syrian military assets as they are so coldly and objectively stated. Maybe it won't happen at all, as Britain wised up real fast. It's been a strange week as usual with the threat of a new war oscillating with MLK 50th anniversary of the "dream speech." Turns out the I have a dream part was spoken extemporaneously, and a wow to that.

  At 8:10 a.m. futures are slightly higher and the price of oil per barrel is lower. The market is poised to open in the mixed to flat area.

  One would suspect that many floor traders are resting on ocean related beaches as the holiday weekend is taken early. Consequently on days like today trading is volume is lower but things can become a little more volatile. The interest is in a steady as she goes type of day heading into September. That is the hope.

CNN: Stocks: Steady ahead for now
...the University of Michigan will release its latest consumer confidence survey...

2 comments:

Anonymous said...

http://usgreentechnology.com/us-green-stories/swedish-engineers-invent-nano-gas-that-instantly-neutralizes-carbon-pollution/

Jim Sande said...

Yah, HNG. Causing a stir to say the least.