Title : The Energy And Market Page, T+193 -- August 1, 2017
link : The Energy And Market Page, T+193 -- August 1, 2017
The Energy And Market Page, T+193 -- August 1, 2017
Dow 30 futures: market could open above 22,000 -- completely uncharted territory. No analysis why the surge -- right now, after a triple-digit jump yesterday in the Dow 30 -- futures now show another triple-digit jump on opening.What happened? So what happened in the past 12 hours that would lead to this surge?
weak dollar
Let's stop there and add two links:
Now that we know more about the DXY, let's post the graphic:
Okay, so where were we? what happened in the past 12 hours that would lead to this surge?
- the dollar continues to weaken (no sign it will change; debt limit needs to be raised -- soon)
- another retired general officer joins President Trump's inner circle
- news that 73% of companies reporting so far in this earnings season have reported "beats" on both top and bottom lines
- crude oil: cheaper for longer (or as Shell says, "cheaper forever")
- more reports of overseas investment in the US -- including physical plants, not just financial investments
Thus Article The Energy And Market Page, T+193 -- August 1, 2017
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