Thursday, August 5, 2010

DJIA
open 10,679.67
close 10,674.98 down 5.45
day high10,679.75
day low10,612.85
today's volume 139,607,108
3mo avg. daily volume 231,956,614
DJTA
open 4,506.25
close 4,491.63 down 15.57
day high 4,506.25
day low4,447.10
today's volume 12,873.267
3mo avg. daily volume 22,581,940
 
Apologies for missing numbers yesterday, although any missive would be as boring as the day before's, and frankly today for that matter.  Declines slightly higher than advances, but not enough to turn heads, and overall volume about as low as it could get.  The markets don't care.  Unemployment numbers out Friday, so we'll see if this lack in continued rise is the discounting of that information.  Where the USD is these days, it would make sense the markets are trying to rise against that too, however, perhaps Wall Street knows something about our unemployment figures that I will have to wait until tomorrow to find out.
This rise is the discounting of the expectations of coming QE2.  If we do not have a cash push next week, will the markets tank forcing the fed's hand?  We shall see, but it is food for thought.

On a personal note...
To pretty much any of you involved out there, I already know who I'm voting for... please stop calling me...

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