Good morning. It is 61 degrees and overcast here in Upstate NY on this fine Monday morning. The weather logo is not indicating rain but I would not take that to the bank. I hope you had a good weekend. I had a recently productive weekend where I put some time into cleaning up the yard, sweeping the driveway, and trying to polish up the old street appeal. I'm hoping to take another Coursera course on finance and upgrade my understanding of the world's money flow. The last course was a basic finance course, it was interesting. It was mostly about understanding how interest rates are calculated. It's good stuff to know.
At 7:57 a.m. ET futures are flat and the price of oil per barrel is down. The market is poised to open in the flat to slightly lower area.
The article is predicting a calm day. The last two weeks on Wall Street have been anything but calm with the DOW dropping roughly 500 points. Trading is often volatile when many investors are on vacation and trading volume is low, plus August is historically a bearish month. Appreciate a calm day but do not be surprised with something less.
CNN:
Stocks calmer after two weeks of losses
...no major corporate or economic reports on the agenda.
Asian markets ended mixed results.
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