Financial markets — Yesterday down, Friday up?

Posted By on February 12, 2016

Dow160212Markets gave back yesterday’s losses today as some thought the selling was a little too panicked. A bit of news from the oil cartels about curtailing output had oil move up and that kicked off a wave of buying the beat up stocks.The close is near in the posted charts and the close for the Dow was over 300 points. So much for a rush to sell … who knows what a long weekend and close markets on Monday (Presidents’s Day) will bring for Tuesday?

NasSP500160212

Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.