Wednesday, April 19, 2006

present key market movers

Primary attention NOW is interest rates & current earning reports that are moving the market. Next is oil prices with the "problem price{" getting close but not yet critical. Lilewise the Chinese Pres visit will rekindle the concern of US VS Chinese inerests which will not be resolved by tomorrows short visit with GW Bush. Likely Gates visit will do more good than the latter. There is a lot of money chasing commodities as well as stocks and this will continue pushing both up until the uncertainty factor comes into play. Gasoline over 3$ will cause a lot of bitching and Administration taking to the pulpit. I'm sleepomg well and keeping fuinvested but with mental stops for each stock I own. In the fullness of time these key movers of the market shall change.

2 Comments:

Blogger Pete said...

Seawall your right on. Thanks.

5:37 PM  
Blogger Pete said...

Seawall, You are right on regarding Bush. In a few short days his "ivestigation" indicates "no gas gauging!!" Man is he quick on the trigger !- what a cowboy!

12:33 PM  

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