Tuesday, November 18, 2014

Economic Journal - Tuesday, 11/18/2014

(as of 7:00 AM PST)
 
Stocks are positive at the start, buoyed by international news.  Japan's leader has indicated a two year delay on a controversial sales tax due to weak economic numbers.  There is also talk of more stimulus from Japan.  Europe is on the plus side after solid consumer confidence data from Germany.  Gold is strong on a weaker dollar today, but oil cannot shake off continuing weakness. Stocks appear to be in a consolidation mode, digesting recent gains, and perhaps setting up for an end of year rally.

No comments: