After a while, watching the absurdity of the markets, one wonders whether it's even worth bothering. Days like today deserve nothing but a loud "WTF?" in response.
Obama's budget, all $3.78 trillion of it, is DOA. Not even worth a look, seriously. Deficit for fiscal 2014 is only $744 billion. It will never see the light of day.
Money Daily will resume "coverage" as soon as something rational happens (actually, we'll be back tomorrow even though rationality has vanished from most of America).
Dow 14,802.32, +128.86 (0.88%)
NASDAQ 3,297.25, +59.39 (1.83%)
S&P 500 1,587.72, +19.11 (1.22%)
NYSE Composite 9,192.79, +104.42 (1.15%)
NASDAQ Volume 1,715,150,125
NYSE Volume 3,556,269,500
Combined NYSE & NASDAQ Advance - Decline: 4968-1562
Combined NYSE & NASDAQ New highs - New lows: 483-20 (imbalance?)
WTI crude oil: 94.64, +0.44
Gold: 1,558.80, -27.90
Silver: 27.65, -0.228
Showing posts with label WTF. Show all posts
Showing posts with label WTF. Show all posts
Wednesday, April 10, 2013
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