PRE MARKET

The Asian markets put in a very strong performance. Europe is equally strong.

There is no market moving economic data of any significance expected out today. I expect US equities will play of European and Asian strength.

There is more takeover news from Europe. The potential target being ABN Amro. I expect this news to boost stocks of big banks today.

South American companies are getting into the buyout act.

I am playing for strength in the US equity markets today. The direction of the overseas indices suggests we will have a moderate to strong upside day.