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[b]REPORTER: President trump are you going to delay Supreme Court nomination, since it is an election year?
POTUS#44: NO — Fake News — go away 😉 8)LOL … 2018 definitely is one of those interesting years … My daily prayers continue for both “R” & “D” leaders to do right thing & overall good for American people … Ted Cruz would be great future justice (or even POTUS) as have admired his knowledge of law, constitution, conservatism and pure genius IQ 🙂 [/b]
[color=red][size=5][b]Dow Jones 24,117.59 −165.52 (0.68%)
S&P 500 2,705.97 −17.09 (0.63%)
Nasdaq 7,445.08 −116.54 (1.54%)
Russell 1,643.86 −24.66 (1.48%)
NYSE Comp 12,438.40 −72.15 (0.58%)[/b][/size][/color]Germany, Spain and Italy have down more than 10% from the high which many call a bear market has started..
The European Closes
France CAC40 -1.1%
Germany Dax -1.5%
Italy FTSE MIB -0.58%
Portugal PSI20 -0.67%
Spain Ibex -0.9%
UK FTSE -0.1%^^^ +1 — yes we’re already in 10% correction mode and the 20% bear market is not out of the picture — depending on how “blinks” in the tariff wars or based on possibly 2 more FOMC hikes this year … I do hope we stabilize in days ahead as OIL prices are at $73 (a new 4 year high) — and that adds to inflation fears & diminishing benefit of TAX cuts also.
[b]Prayers for those impacted by shooting at Maryland newspaper (at least 5 perish) 🙁
http://www.capitalgazette.com/bs-md-gazette-shooting-20180628-story.html%5B/b%5D[color=green][size=5][b]NICE SUPER GREEN REBOUND …
STILL WOULD BE CAUTIOUS IN DAYS AHEAD 8)Dow Jones 24,216.05 +98.46 (0.41%)
S&P 500 2,716.31 +16.68 (0.62%)
Nasdaq 7,503.68 +58.60 (0.79%)
Russell 1,645.02 +4.56 (0.28%)
NYSE Comp 12,475.96 +63.89 (0.51%)[/b][/size][/color]
[color=green][b]TGIF — HAPPY FDIC FRIDAY to all …. HEAT WAVE in land of deer in SW VA
Futures are bright GREEN … DOW looks to open +150 higher possibly
Maybe it’s because of WALLGREENS replacing GE & folks need more stress tabs & meds these days – lol[/b] 😉 8)[/color]
[color=red][b]FILL UP YOUR TANKS TODAY (as OIL prices are climbing)
I am thankful to have filled up our Toyota Avalon (18g tank) last week at $2.41 (as we have low gas taxes in Virginia
OIL prices are climbing & months ago I shared that maybe we would hit $100 in future (as OIL prices do not always correlate with supply demand … hopefully we have seen highs though – lol) … a major hurricane can spike prices & hurt supply for example[/b][/color]
US May core PCE 0.2% vs. 0.2% expected, Prev +0.2%.
Core YoY 2.0% vs 1.9% expected – higher than 1.8% last monthNote YoY is the highest since April 2012
PCE deflator up 0.2% vs 0.2% expected. Prior month 0.2%
PCE deflator up 2.3% vs 2.2% expected. Prior month 2.0%Personal income +0.4% versus 0.4% expected. Prior month revised lower 20.2% from 0.3%
Personal spending 0.2% versus 0.4% expected. Prior month revised lower 20.5% from 0.6%Real personal spending 0.0% versus 0.2% expected. The prior month was revised lower to 0.3% from 0.4%
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