Monday, February 6, 2017

Markets fluctuate on growing tensions between the US & Iran

Dow added 2, decliners a little ahead of advancers & NAZ lost 10.  The MLP index gave back a fraction in the 335s after recent strength & the REIT index fell 1+ to 340.  Junk bond funds are lower & Treasuries gained ground.   Oil is a little lower & gold is higher again.

AMJ (Alerian MLP Index tracking fund)

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Sorry for computer problems, but not much happening today.  But growing tensions between IRAN & the US are making traders nervous.  Dow continues near its record highs, where it has been for 2 months.  That's called a plateau.  Traders need a stimulus to take stocks higher & that is lacking.  Meanwhile earnings reports are coming with mixed results.

Dow Jones Industrials


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