Good Morning

Tuesday, April 15, 2008

What is moving markets today

PPI inflation reading higher than expected

US Bancorp, Johnson & Johnson, State Street top earnings expectations

Delta and Northwest announce merger; Will create world's largest airline

Markets starts off positive, but do you hear more and more negative sentiment in the markets, 2 weeks ago the "experts" were convinced we had hit a bottom. Now its all about how we have not seen a bottom yet. How can a novice trader believe what they hear on financial channels these days. The truth is everyone is out to make the call..someone is bound to be right, but key is to not get caught up in the hype of the markets. Capital preservation is the most important thing when it comes to traders who do this for a living. Without capital you cant trade so be careful not to get churned in this market.