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Tuesday, November 10, 2009

Another Day Of Gains?

Good morning. Futures are slightly negative as the dollar attempts to stabilize and investors question whether the rally can continue especially since the S&P has posted a gain every single trading day so far this month.

As expected, news flow is relatively quiet but there are a few noteworthy items to cover including a decrease in retail store sales, Moodys makes some positive comments about AIG, heavy losses at MBIA due to its insured credit derivatives, as the market rallies good times return for hedge funds, Senator Dodd is set to unveil a financial reform bill and Obama promises to question China over the Yuan.

Read more of my premarket report.

Posted by Kirk at 8:58 AM in Premarket | Bookmark | Feeds | Link |


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