Don't Trust Monday Morning's Good Vibes
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"The causes of events are ever more interesting than the events themselves."
-- Marcus Tullius Cicero
The market is set to open strongly this morning following big gains in overseas markets. The cause of the strength is acquisition activity like that surrounding ABN AMRO Holdings (ABN Quote) and, more importantly, a weak yen. The yen has been the primary market driver recently because of its importance in the carry trade. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
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DOWN
154.48
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DOWN
19.14
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DOWN
37.61
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DOWN
0.48
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10 Yr
3.23%
SPDR Gold
115.06
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|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |


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