skinny
- 17 Jan 2016 12:00
- 3 of 13
The Papers
Tomorrow is a bank holiday in the US.
skinny
- 18 Jan 2016 07:06
- 4 of 13
Morning!
In the US on Friday, the Dow finished down 391 at 15,988 the Nasdaq down 127 points to 4,488 and the S&P 500 lost 42 points to 1,880.
In Asia today, the Nikkei was recently down 191.54 points at 16,955.74 and the Hang Seng down 184.54 points at 19,336.23.
WTI crude oil traded at $29.42 a barrel and Brent at $31.01.
Gold settled at $1,091.50 an ounce.
Trade well and prosper!
Stan
- 18 Jan 2016 08:04
- 7 of 13
Where are all the muppets today then? -):
CC
- 18 Jan 2016 19:15
- 13 of 13
Feeling grumpy today. I'm not sure what is going to keep driving the market down from here. All the news seems to be out there.
You know the turning point is coming when some of the predictions start to look plain stupid. Oil at $20 - well maybe. Oil at $10 - I don't see that as it's unsustainable even on a short term basis. I've even seen a report now saying oil will go sub $0 and therefore I assume the thought process is that it will be cheaper to give it away than shut down production.
I'm ready for the market to turn now. I shall keeping waiting