nnuut
Moderator | TSP Legend
Re: Nnuut's Account Talk
50% "C", 50% "S" COB Today. Jumping off the Pad into the pond. Looks like Energy is supporting the Market, if Inventories are up tomorrow at 10:30 Oil (etc.) may continue downward and help the markets, but ya never know? So here I gooooooo!
Maybe not?
09:40 am : As expected, stocks open on an upbeat note as investors embrace another sell-off in oil prices. After breaking through a key area of support at $55/bbl, crude for February is down 3% at $54.40/bbl amid everything from warm weather easing supply concerns to a continued reduction of speculative excess. While oil at 18-month lows bodes wells for consumers and corporate profitability for some sectors, it is worth noting that early market gains are modest at best since an ensuing sell-off in the large profit engine that is the Energy sector (-1.6%) removes some notable leadership.DJ30 +17.16 NASDAQ +3.11 SP500 +0.68 XOI -1.7% NASDAQ Vol 80 mln NYSE Vol 46 mln
http://finance.yahoo.com/marketupdate/overview
50% "C", 50% "S" COB Today. Jumping off the Pad into the pond. Looks like Energy is supporting the Market, if Inventories are up tomorrow at 10:30 Oil (etc.) may continue downward and help the markets, but ya never know? So here I gooooooo!
Maybe not?
09:40 am : As expected, stocks open on an upbeat note as investors embrace another sell-off in oil prices. After breaking through a key area of support at $55/bbl, crude for February is down 3% at $54.40/bbl amid everything from warm weather easing supply concerns to a continued reduction of speculative excess. While oil at 18-month lows bodes wells for consumers and corporate profitability for some sectors, it is worth noting that early market gains are modest at best since an ensuing sell-off in the large profit engine that is the Energy sector (-1.6%) removes some notable leadership.DJ30 +17.16 NASDAQ +3.11 SP500 +0.68 XOI -1.7% NASDAQ Vol 80 mln NYSE Vol 46 mln
http://finance.yahoo.com/marketupdate/overview