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Wednesday, February 9, 2011

Wednesday Woof Woof

By now most of anybody in the market must have felt the opening pressure in most stocks not all... The Dow...  Nas...   S&P 500...  TSX 60... Venture... Nas 100 all opened on a gap down except for the Venture which barely could call it an open above yesterdays close.

TD's
BEFORE THE BELL


Toronto’s main stock index could open lower on Wednesday and as the London
Stock Exchange is to buy Canada's TMX stock exchange operator to create
the world's fourth-largest trading centre. Wall street is also set for a lower
open, with the Dow snapping a seventh straight day of gains, while investors
await another set of earnings in a reporting season in which most companies
have beaten forecasts. European shares edged slightly lower from their 29-
month high, with technical indicators signaled that the market looked overbought.

Chinese shares fell, a day after the central bank raised interest rates
for the second time in just over six weeks, with commodity-related and financial
firms leading the selloff. Nikkei was also down 0.17 percent on profittaking.
Oil edged up, with North Sea Brent topping $100 again, due to market
jitters over possible supply constraints stemming from unrest in Egypt and after
data a day earlier showed a drop in U.S. stockpiles. Gold held near the previous
session's near three-week high in Europe, supported by an increased
focus on inflation after China's second interest rate hike, and a slightly softer
greenback



12:48  
 
GLTA Lostoutwest


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