Monday, October 19, 2009

The Market On Monday

At 7:50 a.m. futures are moderately higher and the market is set to open higher.

Today optimism is back. Investors are looking to see green news from the large number of corporations reporting this week on their third quarter results.

We have two economies. There is Wall Street which is presently booming although some suggest it has hit its limit. Then there is the vast economy of the middle and poor classes and its quite a different story..

CNN: Stocks set for early gains
The company report deluge continues this week, with about 27% of the S&P 500 on the docket.
Reuters: Futures rise on earnings optimism

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