Wednesday, April 25, 2007

Pre market


Weakness in Asia though the Shanghai Composite continues its march towards 4000.The European markets are strong and the US markets are expected to show strength today.

Orders for durable goods were up 3.4% in March signaling a recovery in business spending.

EARNINGS CALENDAR
Akamai, Apple, LSI , LifeCell, NutriSystem and Rambus are some of the earnings that I will be paying attention to.

Pepsi Q1 profit increases 16% on strength in international sales.

Boeing Q1 profit was up 27% with strong demand in its commercial airplanes and defense divisions.

I want to be long semiconductors via the ETF USD.




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