SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (43225)10/12/2001 8:23:16 AM
From: Dealer  Respond to of 65232
 
M A R K E T .. S N A P S H O T -- Mixed open for U.S. shares
By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 7:47 AM ET Oct 12, 2001

NEW YORK (CBS.MW) -- U.S. stocks are readying for a mixed open Friday as investors await the morning's slew of key data.

September retail sales are due out and are seen declining 0.8 percent overall and 0.6 percent excluding autos. Check economic calendar and forecasts.

The September producer price index will also be out and is expected to edge up 0.1 percent both overall and at the core. The latter strips out the volatile food and energy components.

Checking the futures markets, the December S&P 500 contract was trading up 0.70 point, or 0.1 percent, and were trading right around fair value, according to HL Camp & Co. Nasdaq futures gained 6.50 points, or 0.5 percent while the Dow Jones Interactive Index gained 57 points, or 0.6 percent.

Among shares trading before the official opening bell, Juniper Networks (JNPR) skyrocketed to $21.80 in London, up over 30 percent from Thursday's closing price. The networker posted late Thursday a better-than-expected third-quarter pro forma profit. Rival Cisco Systems (CSCO) climbed to $16.70, up 24 cents.

Treasury prices were a sliver higher after three straight sessions of losses.

The 10-year Treasury note was up 1/32 to yield ($TNX) 4.66 percent while the 30-year government bond added 2/32 to yield ($TYX) 5.405 percent.

In the currency sector, the dollar edged down 0.1 percent to 121.21 yen while the euro added 0.2 percent to 90.41 cents.



To: Sully- who wrote (43225)10/12/2001 6:23:14 PM
From: RR  Respond to of 65232
 
Hi wstera_02! I agree. Good points. I like the way he's sounding like a Joe American kind of guy. No BS. Hits the nail on the head.

Heck, he was speaking so bluntly about the "evil ones" that I thought he was going to let some curse words slip in there some where!

You take care Big Guy. Have a good weekend.

RR