ZLBT Chats

Saturday, August 6, 2011

ZL's Ambiguous Weekend Charts

Crude oil futures ended a wishy-washy session in the black today
snapping a five-day losing streak. 
By the close, crude oil for September
delivery eked out a gain of 25 cents, or 0.3%, to end at $86.88 per barrel.
For the week, however, the front-month contract fell a whopping 9.2%
-- its heftiest week-over-week drop since the record loss of 14.7% in early May.


DJIA explored a range spanning more than 400 points today,
but settled 60.93 pointsor 0.54%, higher.
All but 10 of the Dow's 30 components ended in the black.

For the week, the Dow shed about 5.75%,
resulting in its lowest Friday close of 2011.
HAPPY WEEKEND

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