Bloomberg:
- Shares of LG.Philips LCD, the world's largest liquid-crystal-display maker, rose in Seoul as an easing screen glut helped the company report higher-than-expected profit and forecast panel prices to rise this quarter.
Wall Street Journal:
- Saudi Aramco, the state-owned Saudi Arabian oil company which is China's biggest foreign oil supplier, is negotiating to take a 25% stake in a second refinery in China's Shandong province.
Financial Times:
- The Internet Corporation for Assigned Names and Numbers, which governs the Internet addressing system, has approved a domain address for Web pages designed to be viewed on mobile phones. The mobile-phone industry can use ".mobi" as a designated domain name.
China Securities Journal:
- China's economy may slow to 8.6% in the third quarter and 8.2% in the last three months of this year, citing a report by a think tank affiliated with the National Development and Reform Commission.
Xinhua News Agency:
- The China Council for the Promotion of International Trade and the US Commerce Department signed an agreement aimed at helping small US businesses break into the China market.
Late Buy/Sell Recommendations
Goldman Sachs:
- Reiterated Underperform on DRI.
Night Trading
Asian Indices are unch. to +.50% on average.
S&P 500 indicated -.11%.
NASDAQ 100 indicated -.16%.
Morning Preview
US AM Market Call
NASDAQ 100 Pre-Market Indicator/Heat Map
Pre-market Commentary
Before the Bell CNBC Video(bottom right)
Global Commentary
Asian Indices
European Indices
Top 20 Business Stories
In Play
Bond Ticker
Daily Stock Events
Macro Calls
Rasmussen Consumer/Investor Daily Indices
CNBC Guest Schedule
Earnings of Note
Company/EPS Estimate
AMTD/.17
RECN/.28
AMB/.25
MI/.74
Upcoming Splits
EAC 3-for-2
Economic Releases
None of note
BOTTOM LINE: Asian indices are mostly higher, led by technology stocks in the region. I expect US equities to open mixed and consolidate recent gains throughout the day. The Portfolio is 100% net long heading into the day.
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