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Friday, July 22, 2016

The Market On Friday

  Good morning. It is 79 and sunny here in the Upper Hudson Valley. The forecast predicts a mostly sunny day with temperatures hitting the mid 90s this afternoon. It's going to be a scorcher. Well, the worst horror movie in American history played last night. America went to bed shivering under its collective sheets, terrified of boogie men lurking everywhere and anywhere. Fortunately there's a big bad nasty jacked up sheriff in town who is going to draw his AK and shoot the living bejeezus out of every last piece of terrorist immigrant job stealing authority hating bad deal making Chinese Latino Muslim scum for our sake. Do I get a Hallelujah!!

  At 9:00 a.m. ET, futures are modestly higher and the price of oil per barrel is up. The market is poised to open slightly higher.

  After a small reprieve on Thursday, the indexes are back into positive territory. The second quarter corporate results keeping piling in and the conclusion is that this stuff is smoking. Get richer America because terrorists are now lurking in your churches, your schools, under your beds, why they may even be you! I knew it, you are terrorist!

CNN: Stocks: 3 things to know before the open by Alanna Petroff
Meanwhile, shares in Chipotle (CMG) swung between gains and losses in extended trading after the company reported that quarterly profits were down 82% from last summer due to high-profile E. coli problems.

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