Markets Open Flat And Lackluster
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January 23, 2013 - 9:59am
Opening Market Commentary For 01-23-2013
Premarket was more or less flat this morning looking somewhat like the past morning sessions. Google (GOOG) and IBM (IBM) both had good financial reports that at least did not spook Mr. Market and send the averages down.
Markets opened on time and that is about the best news one can look forward to. The HFT computers have been active melting the averages upward and I expect more of the same while we wait on the debt ceiling extension vote today. By 10 am the markets were flat and lackluster.
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