Search This Blog

Monday, September 21, 2015

The Market On Monday

  Good morning. It is a chilly 48 degrees and it is sunny here in the Upper Hudson Valley. We are in for a delicious week of temperatures in the 70s during the day. Wednesday is the first day of Fall and time is flying. We see that Trump's hold over the GOP is starting the get slightly strained and who is gaining on him - Carly Fiorina. It's like one crazy following another. On the other hand Hillary Clinton's overall lead over Bernie Sanders is increasing as it should. I like Bernie a lot, believe me, but I also don't believe he can win. Prove me wrong please. I am waiting to see Trump's numbers go down and down and down as they should, no need to go over the many flaws involved with that.

  At 8:00 a.m. ET futures are significantly higher and the price of oil per barrel is up. The market is poised to open higher.

  The article really offers no significant explanation for this morning's opening numbers. We know that things went to hell real fast last Friday when Yellen announced no base rate interest rate hike. It was her reasoning that spooked investors - turbulence in the global economy especially in China. Let's see if the opening holds through the day.

CNN: Stocks: 4 things to know before the open
However, the main indexes in China closed with gains.

No comments: