Bloomberg:
- Sharp Corp., the world’s top maker of liquid-crystal display televisions, will raise panel output by at least 10% to meet demand driven by soccer’s World Cup and the Winter Olympics, according to executives.
- Growth in Australia’s economy will accelerate to 3.3% next year as exports and business investment surge, economists said.
- The board of NY’s main transit union voted tonight in favor of a contract offer to end a dispute that sparked a three-day subway and bus strike last week, the union said.
Late Buy/Sell Recommendations
Goldman Sachs:
- None of note
Night Trading
Asian Indices are -.50% to +.50% on average.
S&P 500 indicated +.05%.
NASDAQ 100 indicated +.06%.
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
- None of note
Upcoming Splits
ABC 2-for-1
Economic Releases
10:00 am EST
- Consumer Confidence for December is estimated to rise to 102.5 versus a reading of 98.9 in November.
BOTTOM LINE: Asian indices are mostly lower, dragged down by financial shares in the region. I expect US equities to open modestly lower and to rally modestly into the afternoon, finishing mixed. The Portfolio is 75% net long heading into the day.
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