IF oil weakens down to $54 and drops again into the 40's this will be big trouble once again for the markets, the energy sector is off big the last month and half, any more down side and it will be 52 weeks lows for the entire sector, as for gold, I sold off some of my JDST on its huge rally above $9.50....if gold rallies and JDST sinks back below $8.00 Im back in...
JUST WAIT UNTIL SUNDAY!!!!!!! this weekend (JULY 5th) everything should be back to normal in greece, they will agree on something and by Monday morning markets around the world will be surging 2-3%, all losses that took place last Monday in all markets will be erased and forgotten about, so DOW futures should be up over 250 points come Sunday night after a deal is made....so buy what you can tomorrow before the close.....Markets already made back 1/2 its losses, next week it will be rally time, greece will be back to normal once again
How high will the stock index futures go tonight.... think the Sp500 index futures will rise at least 8.00 points
I don't expect oil to drop to $40 in a week but I expect it to drop to $54 in a week or max two weeks. It might rise to $60 again but it should definitely hit $54 because of Iran/USA talks.
Ok so it up 2.50, it isn't down, and it very seldom is at first light in America. The markets will send American masses out the door on a positive green note, never a red note.
Job numbers due out in just minutes ...just kick back and get ready to collect more risk free money....no matter what the job numbers its a positive for the markets...
I agree, rally is what the markets do heading into the fourth of July weekend. If the number is weak...good news, fed will stay on hold, if it's strong good news the recovery is taking hold, inflation is low oil is low=FED ON HOLD...NO INFLATION=Soaring stocks market.