Greg Michalowski
Weekly oil inventory data will be released at the bottom of the hour
- The private data released late yesterday showed a drawdown -2.4 million barrels of crude oil
Gold finds support near its 100 day moving average. Flight into gold on stock selling.
- The 100-day moving average comes in at $3304.31. The low price today reached $3311.62 so far
NASDAQ index continues to take the most heat as stocks continue their retreat.
- Tests its 200 hour moving average at 21126.27
US dollar moved lower in early US trading. The more dovish Fed a catalyst
- Early US trading sees US dollar weaken post-mortgage fraud allegations against FOMC member.
Trump: Cook must resign now!!!
- The full court press is on
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