Wednesday, August 15, 2007

Down On The Open But Then What?

At least from this standpoint this morning but who knows what will creep up in the next hour and a half. Dow Diamonds (DIA) are trading at 12980 right now down about 60 points. Two things that may come into play this morning are the CPI. If its a good number it may give the fed room to set up for an easing down the road (October?). The other issue this morning are the energy markets which are higher this morning on tropical storm Dean and a depression in the the Gulf of Mexico. The latter will not have time to do much but Dean could be formidable down t[...]

Read More...

[Source: The Money Blogs]

No comments:

Post a Comment