Monday, August 11, 2008


Futures indicate a flat open for the markets following Friday's rally. Crude oil had been trading higher on concerns that the Russia Georgia conflict could disrupt oil suppies from Caspian sea, but has since eroded. Little news on corporate front as earnings season winds downs. $USD strength against Euro again this morning.

Amtech out with positive comments on RIMM and FSLR.

Gapping Up: ENER (upgraded to Buy at UBS), FEED, CPN, DBD, Q (upgradeed to Buy at Citigroup), NRG, NAT

Gapping Down: Select gold names ticking slightly lower AEM, KGC; CRME

No comments: