Thursday, March 22, 2012

Market Movers

China slowdown threat............. our economy is tied to China's economy that's primarily what moved the market down today.
 Along with weak European economic news.

Oil and the price of Gas is the other main threat. 

The Obama administration cajoled the world electronic funds transfer regulatory banking agency to cut off payments for oil shipments out of Iran. Iran can ship oil out, but they can no longer get paid for it. After a while Iran is going to get tired of having their cash cow cut off, and they are going to start some crap. Israel is saying when not if to attack Iran's nuclear complex.  Then there's Syria, the situation is dire and severe, but it's not our concern. We are not the world's policeman. But I can just see Obama wanting to go in there and make the US act like a freedom fighter. People need to learn to fight their own battles, we have enough irons in the fire as it is.

Oil ............  105.48   - 1.79

10 Year US Treasury Bond ................... 2.275% Interest rates are rising, inflation is going up.

US Dollar .................... 79.65 + 0.06

Russell 1000 Large Caps ...... 770.27  -5.88
Russell 2000 Small Caps ......  821.44  -8.48
Russell 3000 Whole Market.. 824.85  -6.47

VIX ................... 15.57  + 0.44

Notice the market went down today.
When the market goes down, there is more fear than greed in the market.
When people are fearful, people jump out of stocks, and the volatility index goes up.

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