Looking for a positive open. Futures up nice after yesterday’s roller coaster ride in the market. Oil is over $75.00 again and is getting close to $76.00. So far it does not seem to be impacting the general mood of the markets, yet anyway.
Some good earnings reports this morning. Honeywell (HON) beat estimates and that is a good bellweather stock in my book for market health. Each investor/trader has their own list of stocks that they use to gauge the market and Honeywell is one of those on my list.
European and Asian markets on the upside this morning.
Recent Posts:
- Taxpayers to the Rescue of Afghanistan Banking Crisis?
- Economic Data and Earnings Schedule for September 2 2010
- Christina Romer Makes a Final Recommendation Before Leaving To Teach Keynesian Economics
- Homebuilder Hovnanian (HOV) Reports Dismal Quarter
- Auto Sales Data for August 2010
- Stock Market Rewind – September 1, 2010
More on this topic
(What's this?)
Guest Post: Top Oil Expert Says Geology is “Fractured”, Relief Wells May Fail and Oil May Le...
(naked capitalism, 8/19/10)
Guest Post: The Government is Dealing with the Oil Spill Like the Soviets Dealt with Chernobyl
(naked capitalism, 8/9/10)
“America’s New Oil Haven — 3X Bigger Than Texas”
(Stock Gumshoe, 6/9/10)
