Actually, a heck of a lot better than expected given the Chinese interest rate hike over the weekend. Bearing in in mind that a slow down in China means a global slow down, I expected the US market would tank today. The DOW dropped a tick, while the S&P 500 and the NASDAQ both ticked up. All-in-all, not bad.
My newly acquired Cisco Systems (CSCO) shares finally moved up, 2.39%, after been flat to down since I bought them a few weeks ago. With the TSX closed I checked out some of my Canadian stuff on the NYSE. RBC was down while both BMO and TD were up after starting the day on the downside. Not bad given the Chinese thing.
If our financials gain some strength and oil holds at it present level of $91.00, we may have a nice pop to close out the year.
My newly acquired Cisco Systems (CSCO) shares finally moved up, 2.39%, after been flat to down since I bought them a few weeks ago. With the TSX closed I checked out some of my Canadian stuff on the NYSE. RBC was down while both BMO and TD were up after starting the day on the downside. Not bad given the Chinese thing.
If our financials gain some strength and oil holds at it present level of $91.00, we may have a nice pop to close out the year.
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