Monday, September 19, 2005

Morning News

  • Futures are down this morning pointing to a lower open.
  • September NHAB Survey out today at 1pm.
  • Traders looking ahead to Tuesday's rate decision by the Federal Reserve. Economist seem split on weather we will, or won't see a lift in the rates.
  • OPEC holding two days of meetings starting today.
  • Crude Oil on the rise again with the fear that tropical storm Rita will enter the Gulf of Mexico as a hurricane early this week.
  • Crude Oil currently up over a dollar to $64.13 per barrel.
  • Wholesale Gasoline currently $1.84 a gallon.
  • Gold continues to rise currently $467.10 per ounce.
Budd Foxx

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