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Was down slightly. The shanghai composite was up slightly. Also take a look at oil prices. Wti up slightly. 34. 72. A little later this morning, were going to watch for natural gas Inventory Data due out at 10 30 eastern time. Gas prices are trading around the lowest levels in 17 years. Couple big stories were watching this morning. Just hours after the u. N. Security council slapped new sanctions on north korea, south korea is now accusing the north of a new provocation. South Koreas Defense Ministry saying north korea fired several shortrange projectiles into the sea. The sanctions on pyongyang are the toughest in 20 years and came in reaction to the norths recent Nuclear Tests and longrange rocket launch. Its also a very busy day for economics. A lot to talk about. Jobless claims out at 8 30 a. M. Eastern time ....
Consensus, 18. 2, 18. 2. Meantime were watching the month of december and stocks heading into the premarket. A month of gains, of course, for the First Time Since the month of may. Year to date the s p up in positive territory while the russell and the dow are in the red. Interestingly, jim, down for the first time in the past ten years. Thats surprising. I would think the people trying to make contributions for the 401 k would get started. I find that someone who regularly contributed soon has to start taking out. Whoa. Whoa. Its a natural thing. So i find that to be somewhat unnerving given the fact that when are people going to put their money in . Yeah. People are going to Start Playing the yearend target game. There i love. There are a few sessions to go. I love this period because there are anointed stocks. I talked about this last night. Ive been trying to flush out m ....
And just kind of strung up there and the dutch ship, the flagship of this, you know, task force is built to commercial damage control standards, even socalled low threat environment, somebody may get the hands control standards. How do we deal with these problems with the allies not just technically but in terms of what they are able to survive in terms of threats . If i had that answer as clearly as i would like to we would probably say we have the answers. We are in the bit of discovery. I think you are discovering that. You have outlines a few of the things that come about. What kind of equipment and capabilities do our allies have . We need to understand that and you dont really find those issues until you bring them together. We are still coming back the marines come back to sea we welcome them back and they have a capability as they move ahead on ground operations over the years in iraq and afghanistan. We didnt move at the same pace and stay as synchronized as we should have. Th ....
John dawson is having a look at what is going on for the nikkei. What is really driving sentiment . We are seeing one of the biggest gainers driving that. Looking for direction from the fed with regards to quantitative easing. Central banks really directing the money. Taiwan, malaysia, you see both waiting to open. We are also watching for the opening of hong kong. Very important, the stock story of the day is li kashings empire. He goes back to the top of the rich list. He is having chung ka holdings incorporated. This, prices on friday. Friday in the u. S. , when they open today, we will be following this. These stocks will rise. Not my words, the investors. Those are the three stocks to follow. [indiscernible] opening for australia, it is really quite interesting. Financials, tech, consumer goods, all rise. Overall, that is the impact today on australia. Clearly, the chinese open and also the hong kong story. Thanks for that. We are watching this with zeb at the moment. Li kashings ....