November 2008 - Posts

• Zecco Pre-Turkey Breakfast Bell (NOV 26, 2008)

  Wednesday, November 26, 2008 8:16 AM

  MARKET UPDATE Get ready, get set, go… It is the day before just about the entire US population will be sitting on the couch with a tryptophan-induced laziness from the turkey feasts.  Bonds have a half day today, but stocks are open all day Read More Posted by Breakfast 1 Comments Go to top

• Breakfast Bell by Zecco (Nov. 25, 200)

  Tuesday, November 25, 2008 8:18 AM

  MARKET UPDATE Equities are indicated higher this morning as the market is trying for its third day of a rally.  Too bad it was just when you got used to selling and were trying to get into holiday mode for Thanksgiving week.  DJIA futures are up about 70 points and S&P futures are up about 10 points Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Monday Breakfast Bell

  Monday, November 24, 2008 7:23 AM

  MARKET UPDATE Stock futures are indicated higher on the US Government backstop plan to stabilize and save Citigroup, yet not as much as one might guess. S&P Futures are up about 1% in very early trading and DJIA futures are up about 0.5% at the same time Read More Posted by Breakfast 0 Comments Go to top

• The Zecco Breakfast Bell for Friday, November 21, 2008

  Friday, November 21, 2008 8:08 AM

  MARKET UPDATE Stock futures are trading up after yesterday’s sell-off and on overseas markets stabilizing.  DJIA futures are up over 200 points and S&P futures are up about 20 points. Be sure to keep your eye on bond yields, because if this rally holds then the bond prices would drop and yields should rise as many treasuries yesterday closed at the lowest yields on record Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell (Nov. 20, 2008)

  Thursday, November 20, 2008 8:10 AM

  MARKET UPDATE Stocks are indicated lower this morning, but only by a small margin.  DJIA futures were down about 75 points early on and S&P Futures were down 11 points.   Bonds closed with a total flight to safety, and the 10-year T-Note closed at 3 Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (NOV. 19, 2008)

  Wednesday, November 19, 2008 8:26 AM

  MARKET UPDATE Stocks are down this morning with DJIA futures down 150 and S&P futures down 15 points ahead of the inflations measurement of CPI and ahead of Housing Starts. Both equities and bonds may be focused ahead to the 2:00 PM EST FOMC minutes from the late-October meeting Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell for Tuesday, NOV. 18, 2008

  Tuesday, November 18, 2008 8:17 AM

  MARKET UPDATE Stocks are trading lower again this morning after a late day sell-off yesterday.  DJIA futures are down almost 100 points and S&P futures are down 11 points.  Today may be marked by Treasury Secretary Paulson on Capitol Hill discussing the changes to the TARP more than any other data Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell for Monday, November 17, 2008

  Monday, November 17, 2008 8:23 AM

  MARKET UPDATE Equity futures are down less than 1% this morning after Japan has now officially joined Europe in the recession equivalents.  The G20 meeting yielded not much more than commitments to further stimulus packages and free trade pledges, and this was the root of mixed markets in Asia and down markets in Europe Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell NOV. 14, 2008

  Friday, November 14, 2008 8:26 AM

  MARKET UPDATE Equities are indicated down 100 points on the DJIA or so pre-market, but this looks like it is on profit taking after a huge 800+ point run off yesterday’s lows. The recession is being proclaimed by most media sources for Europe, with the U Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell NOV. 13, 2008 (Thursday)

  Thursday, November 13, 2008 8:52 AM

  MARKET UPDATE Today’s focus on equities is for a weak open after a week’s worth of selling and after chip giant Intel lowered its guidance.  Even Wal-Mart is showing issues for the quarter ahead on currencies dragging its net slightly under estimates Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell for WEDS. NOV. 12, 2008

  Wednesday, November 12, 2008 8:32 AM

  MARKET UPDATE Equities are indicated slightly higher this morning after two days of selling and after the bond traders came back to work from their day off.  Bonds traded up slightly as traders are still looking for a safe haven for funds as corporate bond yields have gone back up since Monday Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Tuesday Breakfast Bell (Nov, 11, 2008)

  Tuesday, November 11, 2008 8:49 AM

  MARKET UPDATE Equities are indicated lower again after additional selling and a bias of more negative news from companies than positive news.  This is also a bond market holiday for Veteran’s day, so many participants will be out.  It is a full day for equities Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell (Nov. 10, 2008)

  Monday, November 10, 2008 8:15 AM

  MARKET UPDATE Today is going to be a strange day in the markets, and the markets may be reacting more to news from China.  The Chinese are coming with a $586 billion two-year economic stimulus package plan of its own.  Treasury is adding some $40 billion more to AIG, giving further support for financials Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Friday Breakfast Bell

  Friday, November 07, 2008 9:07 AM

  MARKET UPDATE Today’s focus doesn’t matter if you are watching stocks, bonds, commodities, or currencies.  The focus is the same for all, and that boils down to the jobs numbers and unemployment.  After that the focus will be on Obama’s first post-election conference with his transition team Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell on Nov. 6, 2008

  Thursday, November 06, 2008 8:22 AM

  MARKET UPDATE Now that the election is over for more than a day, it is back to business.  Unfortunately, the economy still stinks and things still look bleak.  A rat cut from the Bank of England by a whopping 150 basis points has kept equity futures from heading too far south this morning Read More Posted by Breakfast 0 Comments Go to top

• Zecco's breakfast bell on a post-election Wednesday

  Wednesday, November 05, 2008 9:13 AM

  MARKET UPDATE We are seeing a post-election and pot-rally sell-off this morning with S&P futures down 7 points and DJIA futures down about 55 points in the early hours of the morning.  Obama beat McCain in a historic election. Bond prices are down marginally, so yields are up, after the election results Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell - Election Day

  Tuesday, November 04, 2008 9:19 AM

  MARKET UPDATE Stocks are getting a pre-election surge with DJIA futures up more than 200 points.  What the markets seem to be pricing in is an Obama win and not such a sweep in the House and Senate to the point that any and all bills will get rubber-stamped regardless of what is inside them Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell (Monday, November 3, 2008)

  Monday, November 03, 2008 2:14 PM

  MARKET UPDATE Stocks are indicated higher this morning in early trading, although not at all like some of the days we saw last week.  Economic numbers may come into play today, but these are typically not earth-shattering numbers due today.  October’s 14% drop in the DJIA was the worst in 21 years, despite last week’s rally being one of the top weekly rallies on record Read More Posted by Breakfast 0 Comments Go to top

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The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.