Dow set to drop another 800pts has the 10 year drops to record lows.
Jobs numbers were awesome.
Buckle up.
Jobs numbers were awesome.
Buckle up.
OIL is taking a beating today due to Russia not agreeing to the production cuts OPEC wants. Screwed up the oil stocks.
Dow off it's lows now down 400pts.
mid afternoon and Dow staying around the -500pt place. the next couple of hours should give a glimpse of what to expect next week.
selling picking up as we head to the close. Dow down about 800pts. Basically where it started the day. think the bulls might have left early for the weekend.
Bulls came back at the end. Only down 250 at the close. Dow up 1.7% for the week. Not too bad.
On the plus side with oil dropping 10% today look for gas prices to come down which will be a nice low key stimulus to the economy during the virus scare. Trump opening up pipelines and drilling on public lands has pretty much broken Opec's ability to set the price of oil.
