A few days ago it was the nasdaq at 7,000 overnight in asia, the nikkei, if you think these numbers have been good here, up by more than 3 . It had been closed for a bank holiday over the last two days so it had some catching up to do right now you can see the hang seng closed up by a half percentage point as did the shanghai if you look at whats been the early trade in some of those european markets that we watch closely, up across the board gains of almost a percent for the dax in germany and the cac in france. Ftse hanging in there. Still in the green with italy and spain, each up by 1 and look at crude oil prices yesterday a rally in crude oil, up by 2. 1 this morning additional gains of 11cents. 61. 74 a barrel for wti big corporate stories of the morning. Tesla is still struggling with production the carmaker releasing Fourth Quarter delivery numbers that fell short of expectations again, pushing back production targets for the model 3. Tesla delivered 1550 units of the highly an
Obamacare repeal yesterday. A very strong jobs number, with unemployment at an 11year low. But the market meanders during the day. It just wasnt the huge upday that i think you could have expected given all that good news, bought rights now were caught between those that think the economy isnt all that strong, as demonstrated by the weakness in the commodity complex versus retail sales. What could tip things in favor of the bulls . If the white house and congress can come together on some kind of tax reform, this market would roar if they would pass what our president describes as the biggest tax cut in history. Although have you noticed he tends to you hyperbole . However the markets clearly skeptical of washingtons ability to get things done, because otherwise the averages would have soared instead or just bide their time and go up at the end of the day. Were still in earnings season, which is now back to its garden hose status, instead of the fire hose numbers we have gotten used to
Yes, indeed it is cold. And there is potential for snow later tonight. Mainly for some mainly for Southern Maryland. But right now it is all about the cold. The good news is that the wind is starting to subside a little bit. The windchill advisory has been canceled or the region, but it is a cloudy day out there. At reagan national. Wind out of the northwest at nine. Much improved compared to this morning, but the windchill is at three degrees. Double digits across the region. 10 in davis, 14 in quantico. Still with a light trees below zero. Again, the windchill advisory has expired. Lets talk about this next weather system that is going to slide in later tonight. It is bringing snow and freezing rain to the deep south, from texas, continuing to move into the carolinas. The thing with this system is it will be relatively light, but it will impact against Southern Maryland. A Winter Weather advisory is in effect through early tomorrow. If you are traveling through the remainder of the d