Trading Now

Trading Now

Thursday, July 30, 2009

BREAKING NEWS

Exxon Mobil's second-quarter net tumbled a bigger-than-expected 66% to $3.95 billion.

MasterCard did better than expected but has less debit customers than Visa, which did very poorly yesterday.

NYSE Euronext beat forecasts but not profit wise.

Motorola also has not lived up to expectations.

Weekly jobless claims rose by 25,000 last week. Continuing claims fell to 6.2 million. Expect to see 9.6% unemployment by next week.

CMBS is expected to sell $3B by September. But in a $3 Trillion Dollar market that's a dustbowl.

Banks and financial companies are holding 80% of the $600T derivatives market. Think there may be a problem.

2 comments:

  1. Hey you...I have a blog now too....lifebymissputz.blogspot.com
    will you please read it so I'm not the only one doing so?
    Love you, Tarah

    ReplyDelete

InofreeTV

Wikinvest Wire