Wednesday, January 30, 2008

Are We There Yet?

Tuesday left the market with a small up day across the broader markets after the ranges and volatility we’ve seen lately this was just a dull day. Volume was slightly higher on the NYSE and Nasdaq today than yesterday , leaving a little accumulation day. Futures were the lightest volume we’ve seen in weeks and one of the narrowest days we’ve seen in weeks. Very typical leading into FOMC to see this type of action. Gold closed the day down $2.00 at $925 an ounce. Crude closed up 65 cents at $91.64 a barrel. After hours was fairly mixed but YHOO took a nose dive off guida[...]

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[Source: The Money Blogs]

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