(As of 7:05 am pacific)
The market looks a little
weary after surging over the last week.
Optimism continues as talks in Washington, DC appear headed in a
direction that will avert the full effect of the fiscal cliff. Gold continues its descent while oil continues
to rally. The dollar is generally down
against other global currencies. Oracle
announced earnings that beat expectations giving the technology sector a boost. Look for some profit taking today. Interest rates have shown a slight increase
over the last few days. There is a lull
in the action as markets look for more progress in tax and budget negotiations.
