Oct 19, 2009 | Posted by: Mr_Bill
U.S. stock futures indicated a higher open as earnings optimism stoked markets around the world.
Futures for the S&P 500 were up 6.5 points, at 1088.5, and were 4.37 points atop fair value. Futures for the Nasdaq rose 11.25 points, to 1739.32, and were 4.88 points above fair value. The pace of earnings reports will accelerate this week with 135 S&P 500 companies scheduled to release their quarterly results.
“Truth to Power!”
Since: Apr 07
Dangerous to bet on Optimism. Suckers Rally!
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