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Post: Monday - Another week of new highs? | Daily Delphi

BlogsPit Talk › Monday - Another week of new highs? May 12, 2014, 6:50 am

CALENDAR
1:00 PM CT
Treasury Budget for Apr
Prior +114.0B Forecast +112.9B

TODAY'S ACTION
Overnight Asian markets were firmer and European markets are trading higher in midsession trade. Here in the US there are no major earnings releases or economic reports scheduled for today. The markets look poised to shoot for new highs today despite the rising tensions in Ukraine. But after last Friday's record high close in the Dow, upward follow-through could prove illusive due to the lack of data today and looming sanctions against Russia that will hurt everyone. Trade strong.


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