Gee…another decent sized gap to the upside! Rates are also coming down after they teased the 3% level. We will leave it at that for this morning. Most gains have been coming pre-market. Not the easiest proposition.
A few things sticking out this morning: For a change, oils/energy have the bid. The fact is oil prices have moved up recently while the stocks lagged. Today, the stocks play some catch-up. A glance at the OIH, XLE, XOP and you will see 6 weeks trading at recent lows. Draw a line under the […]
Futures are down a wee bit after an up day yesterday. Loved yesterday’s action in growthland. Hopefully, it continues. Other areas bounced including OIL PRICES which rallied back above the 50 day but most oil stocks remain gross. Today is fed day. They spent the last two days playing Space Invaders, Ms Pacman, Galaga, paper […]