Search This Blog

Tuesday, April 23, 2019

The Market On Tuesday

  Good morning. At 9:00 a.m. ET DOW futures are +41 and the price of oil per barrel is up. The market is poised to open moderately higher. Notice that the price of oil has just passed the $65 per barrel range. Oil generally remains in a $5 range meaning that $65 to $70 is the likely but not absolutely definite range that it may float in next. It may also very well drop below $65. Long story short, gas prices are rising.

CNN: Oil and sanctions; Tesla's robo-taxis; IPO brew By Charles Riley

No comments: