Wednesday, April 23, 2014

News - Daily Summary

Another quiet day across the globe. Besides U.S. troops arriving in Poland and other border nations, Ukraine was calm. Nothing major happened in Venezuela, Syria, or the Middle east. In South Korea the recovery work still continues as the death toll keeps rising. There was also no new developments in the search for the missing Malaysian jetliner.

In the U.S. the stock rally stalled today. Stocks were down a bit. New housing starts are way down in the latest report. Mortgage origination's are down as well. Gold, silver, and oil were up. GM is supposed to report earnings tomorrow and it is going to be interesting to see what they will be especially after the recall mess they are going through. Apple earnings were higher than expected. There were no other major developments in the U.S. today .

It was another day in the calm before the storm.

What do you think?