Tuesday, March 8, 2016

Nightcap 3-8-16

Stocks followed the oil down today. So maybe the correlation is back on. Or, was this just some profit taking my investors? We will have to wait and see how the rest of the week plays out. The other big news today was that there were four primaries for the Republicans and two for the Democrats. As I write, Donald Trump has won the primary in Michigan and the primary in Mississippi. Ted Cruz is the projected winner in Idaho. In the democratic race Hillary Clinton has won in Mississippi, and Bernie Sanders has won in Michigan. I would think that Hillary Clinton would have run away with the race by now, but she has not. I also thought that Donald Trump was going to run away with the race but, he isn't either, though the wins tonight surely help him in that direction. The real question is what will Marco Rubio do? As I write he has not picked up any delegates today. There are also rumors that he will drop out of the race before the Florida primary next week in order to keep him from losing his home state. Nothing has been resolved or decided at this point. Besides the usual crime, mayhem, and disasters, there was nothing else of great importance in the news today.

What do you think?