I recognized it last night alcoa kicked off the season with disappointing numbers. I totally get the endless downgrades in all sorts of sectors. Theres a problem, the dark problem. The dark problem is the stocks themselves. They refuse to stay down. Witness the dow surging 165 points. S p climbing. Nasdaq. 80 . Yesterday i talked about the leadership taking hold from tech to industrials to homes to consumer packaged goods. I said these leaders will soon be followed by others as the new high list expands not contracts. It aint happening today, though. Thats exactly what happens had the commodities complex goes higher. In anticipation of an opec meeting this weekend it might spell the official downward of the group. As consumers we tend to think what matters to us and therefore to the market is lowering gasoline costs. Spending money on fuel and if theres enough spare change left over, individuals might do more shopping. Small businesses might be energized to expand. However, it turns ou
Ordered the National Guard to restore peace in ferguson. It was another night of violence sparked by the killing of a black teenager by Police Officer just under two weeks ago. We begin with the top story over the weekend, defiant rick perry says he will overcome what he calls a political prosecution after being indicted on abuse of power charges. The legal fight threatens to undermine the texas governors political makeover since his disastrous president ial run in 2012. Peter cook has more on the case meanst perry and what it for his future. Peter, how big of a hit is he facing . How serious are these indictments . This is serious, and certainly damaging. The president ial candidate wants their name in the headline with the word indictment written soon after it but that is what rick perry is facing in texas. It is damaging shortterm. At the same time, ive heard from some democrats that think the case against him maybe flimsy. Because of that, ultimately, this could end up being a plus
The family of Emerson Kate Cole family says plan required school employees to give Cole epinephrine, call 911 and notify her parents if she had a reaction
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