Iceland says it is dropping bid for EU membership - @AFP
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Let's see. Two days ago the market drops 300 points and pundits said it was because the Fed might possibly raise rates ever so slightly, and now today the market is up about 200 points because investors, it appears, forgot that story, that the Fed might possibly raise rates ever so slightly.
Obviously it's all about taking profits two or three days ago -- and making up some flimsy explanation, and once the market was driven lower, the same folks moved in and bought. Interestingly, all the headlines today over at Yahoo!Finance seem more negative than the news we saw two days ago.
Emerald Oil may just be one of the biggest movers in the market today:
WTI is down today; all the news about oil seems more negative today, and yet Emerald Oil is up almost 14% after reporting yesterday. Two thoughts: a) volatility in the oil and gas sector is the name of the game, right now; and, b) at some point, we will see the "Hillary re-set."
There were thirteen (13) new permits yesterday for North Dakota -- not trivial. Missouri River Resources will be putting in four short laterals in the same 320-acre drilling unit in Squaw Creek.
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Apple
From Bloomberg:
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