Closing Market Report 8/16/2013

The KUIK Closing Market Report for Friday, August 16:
Markets finished down.
Direction Change Units  Last  Time Change
Dow Down                    (31) points           15,081 2:39 PM
S&P500 Down -0.33% percent             1,656       (5.49)
Nasdaq Composite Down -0.09% percent             3,603       (3.34)
30 Year Treasury Up                       7 Basis Points               3.86 Annual Yield
Bloomberg reports that Samsung will introduce a wristwatch-like device named the Galaxy Gear next month that can make phone calls, surf the Web and handle e-mails.  It will go on sale this year ahead of a rumored competing product from Apple.  Calling Dick Tracy.
Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK.
http://www.bloomberg.com/news/2013-08-16/samsung-said-to-introduce-smartphone-like-wristwatch-next-month.html
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