Pre Open News
Futures trading higher on the econ news just released-
In the news:
LEH cutting numbers on BBT C BAC FITB JPM KEY MTB MI NCC PNC RF STI SNV TCB USB WB WM WFC ZION;
UBS ups to BUY - KGC ABX;
SY raises guidance;
Gapping up- CTRN MF CAG ASTI CCU LMC RMBS MU BHP UBS RTP SSL VLO HBC ;
Gapping down- ORCL RBN SAP GOOG XL FMD PAYX JNPR NS CHK IBM MER AMR;
LEH cuts GOOG target to $580;
Final Q4 GDP +.6% V .6% consensus- so no recession number yet;
Initial jobless claims- 366K v 371K consensus- ;
Gold -$945- Crude $106.5 EURO 1.576;
The QUANT on the pullback;
Barron's on the second half;
Grant's observations;
And 24/7 on the 25 most valuable blogs;
posted by DAVID at
8:22 AM
2 Comments:
The futures trade up while the qqqq's are down over .58 percent...ODD.
Good, RImm, Apple, ORCL all gapping down.... very weird!
NQ FUTURES TANKED AFTER THE CLOSE ON THE ORCL NEWS- WAY BELOW FAIR VALUE- REMEMBER FUTURES CLOSE AFTER THE CASH INDEX CLOSES AT 4:00- THAT IS WHY THEIR IS A BIG DISCREPANCY- AND THE QQQQ FOLLOWS THE FUTURES AS THEY ALSO TRADE AFTER 4:00
Post a Comment
Subscribe to Post Comments [Atom]
<< Home