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Friday, June 30, 2017

The Market On Friday

  Good morning. It is overcast and 72 degrees here in the Upper Hudson Valley, the forecast predicts thunderstorms and temperatures in the 80s this afternoon. Looks like Sunday might be nice, hot, but sunny. Saturday looks mixed. Can you believe it, we are heading into July.

  At 9:10 a.m. ET DOW futures are +33 and the price of oil per barrel is up. The market is poised to open moderately higher. Notice that oil has gained roughly $3 per barrel over the last week, that translates to higher gas prices.

  The president is not even up to the level of being a bore. This is someone who lacks any basic core values that are good. He is a sick human being and I am ashamed that this troubled and confused person who is a billionaire mind you, is in charge. That tweet yesterday is all you need to know about this disgrace. Turns out that having a tremendous amount of money and asset worth most assuredly does not translate into having core value internal worth. In fact in this most obvious case, it's worthless.

CNN: Volatility returns; Merkel challenges Trump; Oil jumps by Ivana Kottasová

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