Curt Renz Capital Resources

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The popular stock market averages closed to the downside on Friday as weekly options expired. The interest rate for 10-yr treasury notes closed lower. The price closed down for gold and essentially flat for crude oil.

Earnings season kicked off with big banks reporting. JPMorgan Chase (JPM -6.5%) warned that net interest income could fall short of analysts' expectations this year.

The possibility of Iran attacking Israel this weekend may have prompted risk-off selling by some investors. Such faraway warmongering usually is not a long lasting negative on the US stock markets.

Adapt or perish, now as ever, is nature’s inexorable imperative. - H.G. Wells
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