June 15 (Bloomberg) -- A measure of consumer prices in the U.S. rose less than forecast in May, bearing out the Federal Reserve's view that broader inflation pressures would moderate as the economy cooled.
We're off to the races again. Resistance is NQ 1967. Yields drop below 5.2%. Even gold is up on the weaker dollar.
Remember that this is OpEx Friday.
We're off to the races again. Resistance is NQ 1967. Yields drop below 5.2%. Even gold is up on the weaker dollar.
Remember that this is OpEx Friday.
This entry was posted
on Friday, June 15, 2007 at 6/15/2007 08:41:00 AM.
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6/15/07 9:18 AMRegardless of the pre market hoopla and bogus (non) inflation excitement (.7 - uh, is there anything more important than food and energy??!!). I expect a hard rally and quick reversal coming back to negative territory by the end. Still looking for 47 and 152....i thought possibly 48 and 153 for a moment.....naaah. Let's see how it unfolds!
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