The Stock Market rallied big on Friday as the stress test parameters were released as well as better then expected new home sales data. These two news items will carry into trading on Monday. Financial Bull 3x ( FAS ) stock went back into the $8.00's and appears to be wanting to go higher.
Auto Bankruptcy: There has been chatter about Chrysler possibly going into bankruptcy soon as a test before a possible General Motors ( GM ) bankruptcy. This is a story you will want to watch daily for the next few months. Ford ( F ) released earnings on Friday and appears to be doing better then expected!
Stock Market April 27, 2009
Earnings Reports due out in the Morning:
Valero Energy VLO 4/27 8am .50EPS
Verizon VZ 4/27 8am .59EPS
Economic Data: None
Baidu BIDU 4/27 4pm .74EPS
Southwestern Energy SWN 4/27 4pm -.20EPS
I will post my stocks to watch list later today, Right Here
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