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Bobby's Corner Market Open 6.27.2008

Posted by Bob Slade on Fri, 06/27/2008 - 7:18am in

Good Morning:

 

Nervous markets will await today’s economic data, along with Equity and Futures market openings.

Yesterday’s 358 point drop in the Dow-along with last nights 277 drop in the Nikkei followed thru to the other Asian and European markets.

Oil traded over $142 overnight-but has settled to the $141 range presently.

US Futures are pointing to a lower opening again this morning.

 

Oil: $141.18

Gold: $924.90  

Today we have data on:

 

Personal Income:            Exp:  .4%                   Prior: .2%

Personal Spending:       Exp: .7%                      Prior: .2%

U of Mich Confidence: Exp: 56.7                      Prior: 56.7

 

Have a GREAT DAY-GREAT WEEKEND and GOOD LUCK

 

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