Markets barely budged today. In this heat, we are barely moving, as well. The temperatures in Mississippi are red hot! Taking out the trash has become an aerobic event and a reason to change clothes. It's definitely summertime. Markets are lolling around, but considering the events of last week, that can be a good thing. Oil is easing up again, as all those SUVs hit the road for vacations. The yield curve is still adjusting. All indexes yawned. Steve Jobs is at it again. He's pushing Apple into competition with the likes of Blockbuster, as they gear up for rental of movies online. With this heat, it will be just another reason to never leave home!
DJIA +0.57 NASDAQ -1.39 S&P 500 +1.45