Happy Thursday folks!
How about them precious metals, gold's at $1,174.50 and silver's now at $16.63 --and futures traders see a steady-as-she-goes +0.39%. They got stocks off a fifth of a % after yesterday's 'broad gains in mixed volume'. The Dow's now ready to cross the big 20K line and Rush says it'll be there before the end of the day "mark my words". No wait. That's what he said a couple weeks ago....
We got a 'flood warning' for today:
7:30 AM Challenger Job Cuts
8:15 AM ADP Employment Change
8:30 AM Initial Claims
8:30 AM Continuing Claims
10:00 AM ISM Services
10:30 AM Natural Gas Inventories
11:00 AM Crude Inventories
New FR econ threads:
- Why the Stock Market ‘January Effect’ Is No Longer Very Effective
- Putting An End To Obama's Economy-Destroying Regulatory Siege
- Trump effect? Bill targeting H1B visas reintroduced in US Congress ($100K minimum salary)
- Why Government Solutions Usually End In Inflation
- Trump has a secret weapon on jobs and trade
- Ford Cancelling Mexico Plant, Invest $700 million in MI expansion instead