Dow Futures 11/04/08 - Stock Market Report

11/04/08 Pre Market Trading Report:

Today, November 4th, 2008, the Dow Futures and Stock Market's are set to jump higher as we get set to pick the next President today at the voting polls. On the morning of the Election, the Dow Jones Futures are surging 220 points, the S&P 500 is set to open 23 points higher, and the Nasdaq is up 32.50 points on the morning of 11/04. Libor Rates fell for the 6th straight session yesterday and there are more signs coming out that the credit markets are finally thawing. Don't forget Art Cashin's S&P 500 targets to watch.

Asian Markets - European Markets 11/04/08

Japan's Nikkei, spiked 537 points, or 6.3 percent, to 9,114.60 after being closed Monday. The FTSE 100 index was 0.49 points, or 0.01 percent, higher at 4,443.77, while Germany's DAX was up 21.59 points, or 0.4 percent, at 5,048.43. France's CAC-40 was 23.82 points, or 0.7 percent, higher at 3,551.79.

Stocks to Watch today: 11/04/08

I will be watching Hartford Financial ( HIG) as this stock has major momentum and volume, Las Vegas Sands ( LVS ) for any dip or strength. LVS has solid support at $12 so any breakdown through this would be bearish.

MasterCard ( MA ) - MasterCard came out with great earnings last night and the stock has traded into the mid $150's in after hours last night. This took Visa ( V ) up with it. Watch these two stocks.

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