Use access key #2 to skip to page content.

Vet67to82 (< 20)

Wednesday 6/25/2008

Recs

43

June 23, 2008 – Comments (1) | RELATED TICKERS: DHT , USO , SKF

The FOMC will render their opinion Wednesday afternoon. I expect the interest rate to hold steady with stronger wording about inflation.  But, the US Energy Information Administration will be releasing the crude stats at 10:30 AM Wednesday morning, and I expect the US EIA to report the 6th weekly decline in crude supply. ... Wednesday is going to be a rough day in the  market.         

 

1 Comments – Post Your Own

#1) On June 23, 2008 at 7:28 PM, JoHooch (< 20) wrote:

Yeah most likely a rough day, but historically shortly after the fed stops cutting rates, the market begins to do a lot better....short term pain.

Report this comment

Featured Broker Partners


Advertisement