adbrite ads

Your Ad Here
Your Ad Here

tickers

$IN

amazon

Friday, February 12, 2010

THE CHECK IS IN THE MAIL!



The holiday weekend looms ahead and some pressure meets us this Friday morning. China raised reserve requirements which has spurred a dollar rally and taken stock futures from up a little to down 7 on the S&P. Thats the driver right now and probably means we may spend the day looking over our shoulder. Balance that with prospects for the Greece rescue and you have some who won't go into the weekend short. We'll see which side wins out today but for now we're looking a lower open and then we'll go from there.

Meanwhile except for a couple of MLPS they are all ex dis and you money should be arriving into your account or mailbox come Tuesday. MLPS did well yesterday with a 3 point gain and we're back over 280. Last week's climax bottom under 270 intra day is holding so far while the dow 9800 level holds intraday as well. Key levels out there for us to watch!

No news drivers this morning and nothing on the upgrade downgrade list. Energy numbers will be out today delayed by the snowstorm. So inventory for crude and nat gas will be market moving. Global markets are mixed. Bonds are higher this morning with the 10 year at 3.70.


No comments: