Tuesday, October 10, 2006

Ho, Hum

It looks like the markets are taking North Korea’s saber rattling in stride. Markets seem more focused on what is happening with third quarter earnings. The first of the third quarter earnings reports is coming from Alcoa tonight. Alcoa will be the first Dow component to report earnings for the third quarter. The market will place a lot of weight on the numbers that they post.

On a more personal note, CLRK seems to be coming back a little and SCUR is flat. The Dow is up barely a point and NASDAQ is down barely a point. Looks like a rather bland finish for the day. Perhaps Alcoa will spur the markets tomorrow.

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