11/11/08 Pre Market Trading Report:
Today, November 11th, 2008, the Stock Market and Dow Jones Futures are down moderately after Asian and European markets traded lower. Libor Rates have continued to retreat and Oil prices dipped below $60 at one point for the first time this year. Key stocks to watch for a stock market bounce are General Motors ( GM ) and Goldman Sachs ( GS ). If these two stocks can start to bounce, so will the stock market.
Futures Markets 11/11/08:
Dow Jones Futures: Down 110
Nasdaq Futures: Down 13
S&P 500 Futures: Down 11
Asian Markets - European Markets 11/11/08
The FTSE 100 index dropped 70.43 points, or 1.6 percent, at 4,333.49, while Germany's DAX was 101.08 points, or 2.0 percent, lower at 4,924,45. France's CAC-40 index was 67.87 points, or 1.9 percent, lower at 3,437.88.The Nikkei 225 index fell 272.13 points, or 3 percent, to 8,809.30, while the Hang Seng benchmark in Hong Kong lost 703.73 points, or 4.8 percent, to 14,040.90
Biggest Gainers Pre Market - 11/11/08
I continue to watch Las Vegas Sands ( LVS ) for pops with volume like we saw yesterday. Look for breaks through the highs of the day. I also will be watching Stem Cells ( STEM ) as it got close to $2.53 yesterday.
For more updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
Hot Stock Alerts
Potential Breakout Stocks of the Day: