day trading 07/06 pre market world VCR day

Google it young'uns

Dow Jones 21136 minus 48
S&P 500 2429  minus 6.77
DAX 12690 minus 132
FTSE    7524  minus   0.81
GOLD 1293  plus  13.95
OIL   48.37  plus  0.97
AUD 0.7509
SPI Futures   plus 15
oh you are awful, but i like you.....are you married?

https://www.thestreet.com/story/141...tles-wall-street-stocks-fall-for-day-two.html

Wall Street sat in wait of market-moving news out later this week, including a potentially game-changing testimony on the Trump-Russia scandal, the U.K. elections, and possible changes to eurozone monetary policy.

That led to cautious trading on Tuesday, though stocks ultimately closed lower for their second day in a row. The S&P 500 was down 0.28%, the Dow Jones Industrial Average slid 0.22%, and the Nasdaq fell 0.33%.

Market activity should accelerate toward the back half of the week with several catalysts likely to trigger trading. The United Kingdom will hold its general election on Thursday -- Prime Minister Theresa May is still holding a lead in the polls over Labor's Jeremy Corbyn. Also on Thursday, the European Central Bank will announce a decision on monetary policy. Improving economic data in the eurozone could affect members' growth forecasts.

Finally, former FBI director James Comey will deliver his public testimony to the Senate Intelligence Committee on Thursday. Donald Trump fired Comey earlier in May while the FBI was investigating the Trump transition team's ties to Russia. News reports also indicated that Trump had asked Comey for his loyalty and requested he stop investigating former National Security Adviser Michael Flynn.

"Investors are fleeing for safety ahead of [those] three key events later this week," said Lindsey Piegza, chief economist at Stifel Fixed Income. "June 8th is slated to be a very busy day, to say the least

FWIW

http://money.cnn.com/2017/06/06/investing/gold-prices-geopolitical-concerns/index.html

Gold often does well during times of turmoil. So is it any surprise that the price of the yellow metal is up 13% this year and approaching $1,300 an ounce?

Qatar. The latest terror attacks in London. The upcoming U.K. election. More drama in the Trump administration as former FBI director James Comey is set to testify in front of Congress Thursday.

Is that enough turmoil for you?
All of these geopolitical concerns are helping to lift gold prices. They rose an additional 1% on Tuesday.
Some think gold could climb even higher, especially if Qatar and other nations in the Middle East continue to feud. Saudi Arabia, Egypt and others have cut off diplomatic ties with Qatar, which they have accused of sponsoring terrorism.
Ding Yao, an analyst with ThinkMarkets in London, said in a report that "the conflict between Saudi Arabia and Qatar could change the shape of the Middle East" and has the potential to push gold to $1,350 an ounce "if the tensions continue to escalate."
The spike in gold is happening as the U.S. dollar continues to weaken and long-term Treasury bond yields slip as well.
A decline in the value of the dollar tends to be a good sign for gold.


Fans of the yellow metal often point out that gold is not as subject to the whims of politicians and central bankers since it's not a paper currency. The supply of gold is determined by what's in the ground, not a government printing press.
What's more, the price of digital currency bitcoin is soaring too. It was only last week that bitcoin prices topped $2,000 for the first time. They are now approaching $3,000.

These are potential signs that investors are also starting to get nervous about the U.S. economy, especially after the government reported last Friday that fewer jobs were added in May than expected, and job gains for prior months were revised lower.

The U.S. stock market still remains near all-time highs despite these worries. But investors may be coming to the conclusion that having exposure to assets like gold that could do well if stocks go down isn't the worst idea in the world.
"Investors are hedging their bets to some degree. There are some potential negative surprises lurking," said Lisa Kopp, head of traditional investments at U.S. Bank's Private Client Reserve.
One big concern? Consumer debt levels are rising again -- and are even above 2008 levels.

This doesn't mean that another financial collapse like the one the global economy suffered nine years ago is nigh. But it does mean that the U.S. economy may not wind up roaring back to life anytime soon.
Analysts at research firm Incrementum wrote in a report last week that worries about a sluggish economy, coupled with the highly uncertain and volatile political landscape in Washington should push gold even higher.
"The rally in the precious metals sector has probably only just begun," the Incrementum analysts wrote, adding that "the election of probably the most unpredictable U.S. president of all time" is another reason why this gold rush may not be over yet

what we can expect

our futures currently plus 15 points, mainly due to the rise in oil, but anything's possible (what? who said Derrr?)

have a good day

p.s. Verses

battle of the kids bands

a 4 way tag team match

in the red corner, The wiggles

in the blue corner, The Banana Splits

lets face it, Hot Potato is no match for Tra La La, Tra La La La, Tra La La, Tra La La La