Thursday, July 10, 2008

Pre-Market

Gapping Up: WMT, HUN, CLR, SPWR, GLD, AIR, SGR, GE

Gapping Down: WFR, JASO, WB, BAC, FCSX, C, FNM, FRE (bringing whole financial sector of FED Poole comments re. solvency issues) HUM, LEH, MER, MCO, VLO

Initial Claims 346k vs 395k consensus

Futures edging lower - a substantial slide from earlier this morning - same store sales for many retailers have missed estimates - JWN, ANF, LTD, AEO. Some of the better reports include WMT, TGT and COST.

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