Bloomberg:
- US Commerce Secretary Carlos Gutierrez called on China to crack down harder on copyright piracy and open its markets further to US products or risk a protectionist backlash that would hurt both economies.
Late Buy/Sell Recommendations
Citigroup:
- Downgraded (RDY) to Sell from Buy.
Night Trading
Asian Indices are unch. to +.75% on average.
S&P 500 indicated +.08%.
NASDAQ 100 indicated +.12%.
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
- (ARRO)/.29
- (RECN)/.28
- (RI)/.46
- (SCS)/.11
- (UTIW)/.23
Upcoming Splits
- (BUCY) 3-for-2
Economic Releases
10:30 am EST
- Bloomberg consensus estimates call for a weekly crude build of 950,000 barrels. Gasoline inventories are estimated to fall 1,450,000 barrels, and distillate supplies are expected to decrease by 1,250,000 barrels. Refinery utilization is expected to rise .50%.
BOTTOM LINE: Asian indices are higher, boosted by exporting shares in the region. I expect US equities to open mixed and to trade modestly lower into the afternoon. The Portfolio is 75% net long heading into the day.
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