Friday, October 23, 2009

The Market On Friday

At 8:00 a.m. futures are ever so slightly higher.

That could change real fast as Microsoft is scheduled to reveal its third quarter results, before the opening bell. Generally that's at 8:30 a.m.

Microsoft just released Windows 7. I am a Mac user so I don't really investigate PC products. As you know I do a lot of music production work and everything I use revolves around a Mac. The software is Mac only in most cases.

Hey, its Friday. One of the last weekends to see some foliage here in the Northeast.

Regardless, one might suspect that the Microsoft numbers will be the charm at 9:00 a.m. and could very well set the tone for today's market through 4:00 p.m.

CNN: Wall Street readies for tepid open
"Company news has consistently outperformed market expectations, so that's what's driving markets at the moment..."
Reuters: Stock futures slightly higher ahead of Microsoft, data
Microsoft's fiscal first-quarter results are due before the opening bell and one day after the closely watched launch of its Windows 7 operating software.

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