Hump Day at 2008-07-28 12:07:51
A lot more earnings reports (many of which are positive) and a drop in oil prices are front and center today.
Premarket futures are indicating a positive open as the market attempts to build upon yesterday's nice gains.
Premarket gainers: PHLY, CNH, VTNC, INFN, ISRG, FRE, FNM, EMC, ILMN, CSIQ, SYNA, UAUA, LCC, AMR, DAL, PFE,
Oil, Financials, & Tech at 2008-07-28 12:07:51
Good morning. A rebound in oil prices and mixed earnings reports top today's headlines. Initial jobless claims also came in higher than expected this week. Overall, premarket activity has been volatile giving little clue to today's direction.
Premarket gainers: VITL, QCOM, BIDU, RSH, IDCC, VAR, LSI, LVLT, NCC, GR, TRA, AN, WM, AMZN, TRA, DGII
Mixed Earnings & Data at 2008-07-28 12:07:51
Good morning. Investors are digesting another round of mixed earnings reports, more bad news on foreclosure activity, higher oil prices, and a much better than expected durable goods orders report. Premarket futures have been volatile this morning, but current show a positive bias.
Premarket gainers: RVBD, JNPR, SAIA, ANGO,
Today & The Week Ahead at 2008-07-28 12:07:51
Good morning. As we begin the last trading week of July, this morning investors react to more earnings reports, higher oil prices, and news that private equity firm KKR plans to sell itself to the public.
In other news, two banks were shut down by the FDIC over the weekend and the Senate passed its housing bill on Saturday. This morning Gary Stern, president of the Federal Reserve Bank of Minneapolis, said he believes the credit crunch will continue for several quarters and could still get worse.
Premarket gainers:
A Year To Remember at 2008-07-28 12:07:51 As I sat down to write our Christmas letter last December to friends and family, as per the routine, I spent time reading Christmas letters we've sent in previous years. By doing so, it was evident to me especially last December that not a lot of things had changed for our family for several years.
In fact, the only changes over the last five years were the different vacations we've taken, but not much else. I remember making the comment to my wife at the time that I have a strong feeling that won't be the case for 2008. And, given the past seven months, that has been completely correct.
Last week my wife earned a Ph.D. in Spanish (cum laude) and will begin a new job as a tenured tracked professor at Southern Utah University next month leaving a job she had si
|