A very choppy day today as what could be expected from a strong down day the previously. Heading into the close with about 30 minutes to go, we’re seeing the Dow again give up what fleeting gains it had after lunch and we are slightly lower.
Gains are feeling a bit fleeting as we head into the close of business this Monday morning.
March has been a tough one for the bulls but after today’s rally, there is some light at the end of this tunnel.
If you build it, they might not come
Some interesting historical action…
Dovish Fed plus dovish China gets you up 27 in the spoos. That’s been the theme all year around the world.
With everyone looking for the best deal, it’s tough to find sales growth
Weekend deal-making, window dressing and what is looking like a short squeeze blasted the stock market higher this morning.
Flex Shot, Roto Oven and “oversupply of oil”…they all get way too much air time.
It only goes up.
That’s Hot Saudi military strike (they jut wanted to shake off the rust) Gasoline (and so goes the fears of oversupply) Lollapalooza (Paul McCartney and Metallica…OK) That’s Not US oil production (great, we slow down and the ME falls apart) Cushing (PADD 3 up, PADD2 down) One Direction (down) Carry a big ship. […]
Float like a butterfly, sting like a bee.
That’s Hot Refinery production (almost ready to ramp those refineries up and kick up global warming a few degrees) Germany (for every winner there’s Greece) Mad Men (not a TV story about Oil Bears) That’s Not US Fracking regs (no more “it’s like water” chemicals ) US Dollar (it’s good to be King…sometimes) DWTS […]
The week has been full of failures, let’s review the ones we missed.