Tuesday, April 19, 2016

Nightcap 4-19-16

Stocks closed mixed and oil held at $41 a barrel. Interesting results in the New York State primary. Trump wins big, Clinton finally beats Sanders, and Cruz got crushed coming in third place. Maybe this will give Trump and Clinton the momentum change they need to become the nominees? Maybe this was the deciding factor? The only other interesting story today was that Intel has announced 12,000 layoffs over the next 2 months! Ouch! That's 11% of Intel's labor force is going to be looking for jobs. I also wager that most of those jobs are not minimum wage jobs. Ouch again! Everyone is saying that the economy is getting better. Where? Besides the usual mess of things, there was nothing else of great importance in the news.

What do you think?