Dow Jones Futures 11/07/08 - Stock Market Pre Market

11/07/08 Pre Market Trading Report:

Today, November 7th, 2008, the Stock Market and Dow Jones Futures are up nicely before the key jobs report and unemployment rate number. Yesterday, the stock market was down big for the second straight day as investors positioned their portfolios for this employment report and what it might tell us. Libor Rates continued to fall this morning which is great for the credit markets. Ford ( F ) earnings were horrible but they are a lot better off with more cash then General Motors ( GM )

Futures Markets 11/07/08:

Dow Jones Futures: Up 103
Nasdaq Futures: Up 23
S&P 500 Futures: Up 10.5

Asian Markets - European Markets 11/07/08

Asian Markets tanked again last night, putting in two straight days of selling. The Nikkei 225 stock average pared its early 7 percent loss to close down 316.14 points, or 3.6 percent, to 8,583.

Hong Kong's Hang Seng index was down over 3 percent early in the session, came back to end 3.3 percent higher at 14,243.43.The FTSE 100 index of leading British shares was up 46.73 points, or 1.1 percent, at 4,319.14, while Germany's DAX was 29.31 points, or 0.6 percent, higher at 4,842.88. The CAC-40 in France was up 8.49 points, or 0.3 percent, at 3,395.74.

Pre Market Gainers 11/07/08

Fuel Systems Solutions ( FSYS ) is up big in pre market due to incredible earnings. Watch this stock today! FSYS is one of the Biggest Gainers in 2008

For more stock market updates, visit - http://daytradingstockblog.blogspot.com/

Fuel Systems Solutions ( FSYS ) Stock is Hot!!

Many of you have never heard of Fuel Systems Solutions ticker symbol FSYS. Fuel Systems is only up 299% in 2008! I have been following this stock for several months now and last week it really broke out big time! Why has FSYS broken out into a huge explosive uptrend? Earnings!

What does Fuel Systems Solutions ( FSYS ) do?

Fuel Systems Solutions, Inc. engages in the design, manufacture, and supply of alternative fuel components and systems for use in the transportation, industrial, and power generation industries. Its components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas used in internal combustion engines. The company offers a range of gaseous fuel components, such as fuel delivery pressure regulators, fuel injectors, flow control valves, and other components to control the pressure, flow, and/or metering of gaseous fuels; electronic controls, such as solid-state components and proprietary software that monitor and optimize fuel pressure and flow for engine requirements; and gaseous fueled internal combustion engines. It also provides systems integration support to integrate the gaseous fuel storage, fuel delivery, and/or electronic control components and sub-systems; various ancillary components for systems operation on alternative fuels; and engineering and systems integration services. The company supplies its products and systems primarily to automobile manufacturers, taxi companies, transit and shuttle bus companies, and delivery fleets through a network of distributors and dealers, as well as through a sales force that develops sales with distributors, original equipment manufacturers, and end-users. Fuel Systems Solutions, Inc. was founded in 1958 and is headquartered in Santa Ana, California

Have you been hearing the news from the Chesapeake Energy CEO ( Top company in the Haynesville Shale ) going to Washington D.C to convince congress to start switching to Natural Gas as transportation fuel? It is coming folks...maybe in 3-5 years. Europe already has natural gas cars. Fuel System Solutions ( FSYS ) is set to profit big time from this trend. This could be the wave of the future for automobiles.

Earnings:

FSYS reported earnings of .29 cents per share vs a year ago only earning .03 cents per share. Revenue went up 50% to 98.3 million. The Market cap of FSYS is only 885 Million.

Keep a close eye on this company.....it could be huge in the coming years!