Judgment Day

What a crazy and confusing couple of days it’s been. The Fed left rates alone. Then there is the unexpected decline in oil stocks so back above $60 goes the price of oil. But wait we’re not done yet. Durable goods orders are the highest they have been in six years. Wait again. New home prices fell by 10% last month and I’m sure I left out a lot more. So the markets may be a little mixed up until we get some clearer signals. What we need are some more companies with some solid earnings.

Speaking of earnings, it’s judgment day for CLRK. They are reporting earnings after the bell today. I’m hoping that some of the deals that they have signed will bear some fruit. All we have to do now is just wait and see.