(as of 7:30 AM PST)
It is a quiet market this
morning. Profit taking seems to be the
order of the day after what has been a very strong start to the month of
June. There is not much economic data of
note. Oil and gold are higher. Oil is extending a rally which comes from supply
worries, especially low production from Libya.
Apple continues to rally after yesterday’s 7 to 1 split. Complacency is the biggest threat to the
continuation of this six week rally.
There is a foreboding feeling that we are looking at the calm before the
storm.
1 comment:
I went over this website and I conceive you've got a large number of splendid information, Ian Filippini Santa Barbara
Post a Comment