Presented by Michael Hevern
MDSFinancial
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General Advice Only
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In this morning s wrap
DOW: up 2.1%
Above 9000 (Jan09);
Existing Home Sales up 3.6%
NASDAQ: up 2.5%
Microsoft (Profit -39%) & Amazon Disappoint After Market;
Longest Win Streak Since 1992
FTSE: up 1.5%
9TH Day of Gains; Miners & Banks Lead;
DAX up 2.5% & CAC up 2.1%
NIKKEI: up 0.7%
7th Day of Gains; Electronics Lead; Trading at PE of 44;
Hang Seng down 2.9%
Oil: flat ($66)
3 Week Highs;
Still Around $66 Level
Gold: flat ($951) 5 Week Highs
Commodities Higher;
USD up
SPI: Critical Level(s): 3850 to 4050
SPI up 61 (1.5%)
ASX News
MAP MQG to sell control
STO Rev -10% MarQ; -35% JunQ08; capital needed
NUF t/o spec (SinoChem)
Reports: Fri: WPL (2Q09), SGT
Materials & Energy stocks to recover
Banks to recover
ASX to open higher
US & UK positive leads
Tags: ASX News, Business News, Commodities, Crude Oil, Dow, gold, stockmarket, trading
