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June 30, 2024
A few days ago it was the nasdaq at 7,000 overnight in asia, the nikkei, if you think these numbers have been good here, up by more than 3 . It had been closed for a bank holiday over the last two days so it had some catching up to do right now you can see the hang seng closed up by a half percentage point as did the shanghai if you look at whats been the early trade in some of those european markets that we watch closely, up across the board gains of almost a percent for the dax in germany and ...
June 28, 2024
Obamacare repeal yesterday. A very strong jobs number, with unemployment at an 11year low. But the market meanders during the day. It just wasnt the huge upday that i think you could have expected given all that good news, bought rights now were caught between those that think the economy isnt all that strong, as demonstrated by the weakness in the commodity complex versus retail sales. What could tip things in favor of the bulls . If the white house and congress can come together on some kind o...
June 19, 2024
Yes, indeed it is cold. And there is potential for snow later tonight. Mainly for some mainly for Southern Maryland. But right now it is all about the cold. The good news is that the wind is starting to subside a little bit. The windchill advisory has been canceled or the region, but it is a cloudy day out there. At reagan national. Wind out of the northwest at nine. Much improved compared to this morning, but the windchill is at three degrees. Double digits across the region. 10 in davis, 14 in...