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Wednesday, July 22, 2015

The Market On Wednesday

  Good morning. It is 69 degrees and sunny here in the Upper Hudson Valley. A gorgeous day is anticipated. We see that some of the more recent Trump mischievousness involves The Donald giving out Lindsey Graham's cell phone number. Whatever it takes to get Lindsey a date is okay with us. We see there has been another very questionable arrest and unexplainable death of a black person, Sandra Bland. This is just completely unacceptable. Law enforcement has to make some serious adjustments and reforms, we can't allow a routine traffic stop to end in a death of black person.

  At 8:50 a.m. futures are in the flat area and the price of oil per barrel is, of course, down. The market will open in the flat area.

  Oil continues to tumble. There is a large glut in the world and the OPEC nations continue to flood the market. Does this make sense? All I know is that somewhere along the line, something has got to give.

CNN: Stocks: 5 things to know before the open
At 10:30 a.m., the U.S. Energy Information Administration will release new data on crude oil inventories. Oil futures are trading around $50 per barrel, down 1.4%.

2 comments:

Anonymous said...

The Sandra Bland video was doctored:

http://www.chron.com/houston/article/Sandra-Bland-dash-cam-video-appears-to-have-been-6399017.php

Jim Sande said...

It's disturbing, give certain individuals power and it turns them into abusers.