BG,
Going with DOWN on Friday to finish the week,
gl,
baz
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Economic Reports:
Export Prices....0.8%
Import Prices....0.2%
Trade Balance....-26.0Billion, -30.0B illion was expected.
Michigan Sentiment Index 9:55am(Eastern)....expected to dip to 70.0 from 70.8
L'AQUILA, Italy (CNN) -- President Obama said Friday that leaders of the industrialized nations
have agreed to continue fueling economic growth while strengthening regulatory measures but
they also realize that full recovery is "still a ways off."
China reported their trade surplus for June, which fell to $8.3 bln,
well below the $15.5 bln consensus estimate.
Japan's Nikkei stock average dipped slightly for its eighth straight day of declines.
The Nikkei lost 5.4% on the week for its steepest weekly decline since late January
Chevron (CVX) is trading lower by 3% this morning after saying saying the upstream earnings
benefit from an increase in prices for crude oil is largely offset by substantial unfavorable foreign currency
effects, and that Q2 downstream results are projected to be significantly lower than Q1.
Corel misses by $0.01, misses on revs
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Starnet Gypsy,
"I've actually been using you as a reverse-barometer, Baz, and betting the picks"
That actually would have been a good strategy for the last month or so.
Have a feeling that like the economy, I´m coming out of my slump.
See the next leg of the DOW going down for a while.
Time will tell,
have a great weekend!
