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  • Chicago Boyz Morning Market Report

    Posted by Jonathan on January 6th, 2016 (All posts by )

    DJIA – down 225
    NASDAQ – down 48

    LMT – up 0.7%
    NOC – unch
    OA – up 0.7%
    RTN – up 0.4%

    Unexpectedly!

     

    5 Responses to “Chicago Boyz Morning Market Report”

    1. Grurray Says:

      Crude oil is getting pummeled. The Saudi’s are going to run out of Shia clerics to execute keeping the price out of the 20s

    2. Jonathan Says:

      Let those silly Saudis and Persians have their tantrums. We can safely ignore them and the rest of the ME, since as everyone knows oil prices are declining only because the world is moving inexorably to wind, solar and other renewable energy sources.

    3. Whitehall Says:

      Dumped all the stocks in my 401k into money market and government bonds last night.

      Just fleeing to safety!

    4. Robert Schwartz Says:

      “because the world is moving inexorably to wind, solar and other renewable energy sources.”

      Sure.

    5. Whitehall Says:

      I don’t worry about low oil prices staying low for long.

      Remember Say’s Law – supply creates demand.