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Friday, April 23, 2010

The Market On Friday

Its been a long week, looking forward to Saturday morning laze. Hopefully the weather will be gorgeous and amazing, I'm afraid to look at the forecasts. All in all its been a very mild and generous Spring.

At 7:20 a.m. ET futures are slightly up. The on the spot articles suggest that the market will open higher.

The story reverts back to Greece and its serious financial woes. Apparently there is a day coming up in May when Greece is expected to pay up and the concern is that its not going to happen. Once again Greece has made an announcement that it will borrow and pay. Is this dejavu all over again?

Basically the first quarter report are showing investors the money. There is no other bottom line. The green light is on.

CNN: Stocks headed for gains
Greek Prime Minister George Papandreou formally announced Friday morning that the country will seek aid from the European Union and International Monetary Fund.
Reuters: Stock futures point to higher start
At 10 a.m. ET, Commerce Dept releases new home sales for March.


Commerce Dept releases March durable goods orders at 8:30 a.m. ET.


U.S. stocks staged a late-day comeback on Thursday as strong quarterly profits from consumer bellwethers like Starbucks Corp...

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