Monday, July 27, 2009

The Market On Monday

At 8am futures are slightly up.

77% of the companies that have reported earnings so far, have done better than expected. This is a cold fact.

Oil is up as well. More companies will be reporting today including Verizon, Honeywell, and Corning. This along with soon to be released home sales data will affect the day's outcome.

Reuters: Stock futures signal gains on Wall Street
Oil rose for a third session on Monday to hit its highest level in more than three weeks, near $69 a barrel...

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