11/10/08 Pre Market Trading Report:
Today, November 10th, 2008, the Stock Market and Dow Jones Futures are up big after China passed a stimulus package today. The Dow Jones Futures are pointing higher by over 200 points after Friday's nice trading session. Libor Rates continued to go down this morning with exception to the overnight rate. Check out my Dow Jones chart from over the weekend. These are key levels we need to break and hold.
Futures Markets 11/10/08:
Dow Jones Futures: Up 225
Nasdaq Futures: Up 36
S&P 500 Futures: Up 24
Asian Markets - European Markets 11/10/08
European and Asian markets were significantly higher this morning due to the $586 billion stimulus package issued by China.
The FTSE 100 index of leading British shares was up 153.35 points, or 3.5 percent, at 4,518.31, while Germany's DAX was 178.10 points, or 3.6 percent, higher at 5,116.56. France's CAC-40 was 133.70 points, or 3.9 percent, higher at 3,6029.82.
Tokyo's Nikkei 225 stock average jumped 498.43 points, or 5.8 percent, to 9,081.43, while Hong Kong's Hang Seng Index went up 501.20 points, or 3.5 percent, to 14,744.63.
Pre Market Biggest Gainers - November 10th, 2008
This morning, there are many stocks set to open higher, watch AIG, Dryships ( DRYS ), Energy Conversion Devices ( ENER ),
Circuit City ( CC ) just filed for bankruptcy so this stock is down huge and will most likely get delisted and wiped out!
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Potential Breakout Stocks of the Day: