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Market Close

Gold, Oil, and Energy were today’s winners.

The market made a gallant attempt to recover it’s losses from earlier, but you have to remember that it was options day, so one has to be mindful of that.

Selling was strong and buying was light. In the morning hours the selling took the average volume to above the six month averages, first time that has happened in quite a while.

More in the wrap up tonight, fill your cars gas tanks soon as gasoline is most likely to go up over the weekend or Monday at your local stations.

Not only did oil hit a new intraday record today but Goldman Sachs has raised their full year outlook for the black gold. They now put the average crude oil price for the 2nd half of 2008 to be $143 per barrel.

More tonight..