not only will you help a good cause by buying a beanie, all the chicks will go crazy,
dead set, when i wear it in the chook pen collecting the eggs, they all go wild
now for the bad news
DOW 20606 minus 372
S&P500 2357 minus 43
DAX12631 minus 173
FTSE 7503 minus 18
OIL 48.97 plus 0.31
GOLD1259plus 24.73
AUD 0.7427
SPI Futures minus 62
Neighbours VS Number 96........lets face it, Kylie aint no Abigail
President Trump's loose lips to all sorts of characters -- and the subsequent media coverage -- could be steering the stock market right into a summer correction. Consider this. Over the past week, we have continued to get good, if not strong, reads on the U.S. economy. April industrial production blew it out of the water, signaling that manufacturers are seeing solid global demand. The Institute of Supply Management's non-manufacturing index topped estimates, notching its 88th consecutive month of growth. The Nasdaq Composite has continued to rip to new heights, as investors remain star struck by what's happening at tech giants such as Tesla (TSLA) , Apple (AAPL) , Amazon (AMZN) and Facebook (FB) .
While household name retailers like Macy's (M) and J.C Penney (JCP) have stunk it up with their first quarter earnings, consumer demand to start the second quarter has bounced back to healthy levels.
Despite all of the upbeat headlines, the broader S&P 500 and Dow Jones Industrial Average have barely budged during the past five sessions. Further, stocks have taken to selling off on bad Trump related news, first with Comey (and now again with Comey) and then with the alleged comments made to a Russian diplomat. On Wednesday, stocks finally collapsed under the weight of recent Trump related news. The Dow Jones Industrial Average finished the session down 372 points to 20,606.93.
This reaction by stocks could indicate the first signs of investors losing confidence in what Trump could get accomplished. Remember, there is still a "Trump Trade" priced into so many sectors of the market.
Wonder what news will drop today
what we can expect?
A warm head if you buy a beanie
Futures currently point to a big drop, minus 62 points,
is this the start of the "correction we had to have" ?
