Happy mid-week everyone! Yesterday's profit taking came out as an opening distribution #1 for NASDAQ (barely) but today's futures traders say it's +0.47% for stocks and -0.04% for metals (after yesterday's rally; gold, silver now climbing to $1,148.93, $15.95!). Lot's going on, there are reports--
7:00 AM MBA Mortgage Index
10:30 AM Crude Inventories
3:00 PM Consumer Credit
--and news--
- The Myth of Dynastic Wealth - Rob Arnott, William Berstein & Lillian Wu, CJ
-
CNBC Stocks seen higher; M&A, earnings eyed U.S. stock index futures pointed to a stronger open on Wednesday, tracking shares in Europe and Asia higher.
- S&P 500 Reaches a Bull/Bear Crossroad - Michael Ashbaugh, MarketWatch
- When the Chinese Eat, They Don't At Our Expense - Kevin Williamson, NR
- Bernanke's Meddling Robbed Us of a Big Recovery - Editorial, Investor's
--and FR threads:
-
AB InBev makes $104 billion bid for rival brewer SABMiller (Budweiser to merge with Miller)
-
Anyone heard this bit of audio? <P> Economic crisis President Bush mortgage speech 2002
-
Fed official: Strong economy nears full employment and higher interest rates
-
-