7 Stocks For Monday
Stocks fell Friday on disappointing guidance from Dell, a wider-than-expected trade deficit and record high oil prices.Oil crossed the $67 mark intraday and gasoline futures topped $2/gallon.Crude rose 7.3% this week. Airline stocks were hit on the higher energy news.
The trade deficit for June widened to $58.8 billion in June vs $55.35 billion in May. The bond market rally ended a 6-week decline. European Government bonds recorded their biggest weekly gain in two months after the US data was released. The yield spread between European and US treasuries is 1%, the highest since 2000. The average has been 0.39% for the past 10-years and was flat as recently as September 2004.
Seven Stocks For Monday
The trade deficit for June widened to $58.8 billion in June vs $55.35 billion in May. The bond market rally ended a 6-week decline. European Government bonds recorded their biggest weekly gain in two months after the US data was released. The yield spread between European and US treasuries is 1%, the highest since 2000. The average has been 0.39% for the past 10-years and was flat as recently as September 2004.
Seven Stocks For Monday
posted by Gordengekko at 10:20 AM
1 Comments:
Hey gordon - how many yachts can you waterski behind? My yacht sunk in Myrtle Beach
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