U.S. stock futures advanced Monday following news that lender CIT appeared to have secured $3 billion in last-minute rescue financing, at the onset of a heavy week for earnings.
About three hours before the start of trading, Dow Jones Industrial Average futures rose 69 points to 8756.0. The S&P 500 futures rose 6.6 to 943.5 and Nasdaq 100 futures rose 9.1 to
For now, most veteran traders and analysts are skeptical that another sustained run higher has begun. Though corporate earnings reports have generally exceeded beaten-down expectations, the conventional wisdom is that the broader economy is still squarely in recession, too weak to justify a continued rally in stocks.
http://online.wsj.com/article/SB124808330892564803.html
Wow @ the futures this morning.
Piggie, I get your point. The objective is to read very little in regards to mainstream media about trading (haha, TRY, see above). Comment came from sentiment among traders I know, and after separating the trader wheat from the chaff-fluffers at anonymous sites such as ET.
{Obvious this in no way reflects a system.}
About three hours before the start of trading, Dow Jones Industrial Average futures rose 69 points to 8756.0. The S&P 500 futures rose 6.6 to 943.5 and Nasdaq 100 futures rose 9.1 to
For now, most veteran traders and analysts are skeptical that another sustained run higher has begun. Though corporate earnings reports have generally exceeded beaten-down expectations, the conventional wisdom is that the broader economy is still squarely in recession, too weak to justify a continued rally in stocks.
http://online.wsj.com/article/SB124808330892564803.html
Wow @ the futures this morning.
Piggie, I get your point. The objective is to read very little in regards to mainstream media about trading (haha, TRY, see above). Comment came from sentiment among traders I know, and after separating the trader wheat from the chaff-fluffers at anonymous sites such as ET.
{Obvious this in no way reflects a system.}
