Search This Blog

Tuesday, June 23, 2015

The Market On Tuesday

  Good morning. It is 76 degrees and thunderstorms are expected here in the Upper Hudson Valley. It's pretty still out there, no wind at all. The sound of chirping birds as I type is very strong and pleasing. Today South Carolina may decide to take down it's Confederate flag, Mississippi decides too. If only an equally similar and simple act could disassemble deeply rooted racism. The flag might go, but it will take eons for racism to fizzle out.

  At 8:30 a.m. ET futures are moderately higher and the price of oil per barrel is down, now trading in the $60 range. The market is poised to open higher.

  The Greek drama continues to unfold and right now hopes are high that a debt restructuring deal is coming. Otherwise, a market calm seems to be in play, extreme disruptions and worries are temporarily relaxed.

CNN: Stocks: 5 things to know before the open
"Market reactions still continue to point to a firmly rooted belief that lenders and Greece will manage to reach an agreement that will prevent a Greek default and Grexit."

No comments: