March 2009 - Posts

• Zecco Breakfast Bell (March 31, 2009)

  Tuesday, March 31, 2009 8:35 AM

  MARKET UPDATE Bargain Hunting... Equity markets are catching a bid this morning after a large sell-off yesterday.  DJIA futures are up almost 1% and S&P futures are up 1% pre-market in early indications.  Japan's Nikkei was down 1.5% and Hong Kong's Hang Seng was up 0 Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (March 30, 2009)

  Monday, March 30, 2009 8:14 AM

  MARKET UPDATE Equity futures are taking it on the chin all over again this morning.  DJIA and S&P futures are both down over 2% in early indications on the concern of the auto market in the US after the Obama administration essentially kicked Wagoner out as CEO and gave the company another two months to come up with a better restructuring plan Read More Posted by Breakfast 1 Comments Go to top

• Breakfast Bell By Zecco (March 27, 2009)

  Friday, March 27, 2009 8:50 AM

  PRE=MARKET UPDATE Equities are seeing some profit taking in the early hours after another day of gains.  DJIA futures are lower by 45 points while S&P futures are lower by 5 points.  This follows what are essentially flat to mixed markets in Europe and Asia leaving a no man's land for any direction Read More Posted by Breakfast 0 Comments Go to top

• March 26, 2009 Breakfast Bell by Zecco

  Thursday, March 26, 2009 8:26 AM

  PRE-MARKET UPDATE Equities are indicated higher again after yesterday's late-day rally took us back sharply higher.  DJIA Futures are up over 50 points and the S&P futures are up over 6 points.  Japan's Nikkei rose almost 2% and Hong Kong's Hang Seng rose 3 Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (March 25, 2009)

  Wednesday, March 25, 2009 8:32 AM

  PRE-MARKET UPDATE Equities are indicated higher after a round of profit taking hit the markets yesterday, but there needs to be a consideration at least this morning on the notion that there is no real glue nor is there any great conviction.  Overseas markets were all down, but by less than 1% Read More Posted by Breakfast 1 Comments Go to top

• Zecco Breakfast Bell (March 24, 2009)

  Tuesday, March 24, 2009 8:25 AM

  PRE-MARKET UPDATE Equity futures are trading lower this morning, but this may just be profit taking after yesterday's monster rally.  So far S&P sutures are down 6 points with DJIA futures down about 50 points. Treasury prices are not indicative of any set trend yesterday, further adding to the equity profit taking as all the equity selling is about Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (MAR 23, 2009)

  Monday, March 23, 2009 8:25 AM

  PRE-MARKET UPDATE Equity futures are trading up sharply on the Treasury's plan to rid banks of toxic assets.  S&P futures are up 20 points and DJIA futures are up 190 points.  This follows gains of over 3% in Japan's NIKKEI, over 4% in Hong Kong's Hang Seng; and it follows gains of more than 1% in France's CAC, the U Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (MAR 20, 2009)

  Friday, March 20, 2009 8:15 AM

  PRE-MARKET UPDATE Stocks were getting hit this morning after yesterday's sell-off in the market.  DJIA futures are down 60 points and S&P futures were down 7 points in early trading.  These levels have improved a bit throughout the morning but the markets are still soft Read More Posted by Breakfast 0 Comments Go to top

• Zecco's Breakfast Bell (Mar 19, 2009)

  Thursday, March 19, 2009 8:07 AM

  PRE-MARKET UPDATE Early indications have equities giving back at least some more of yesterday's rally in early morning trading indications.  DJIA futures are down 0.5% and S&P futures are down 0.6% in early indications.  This follows slight gains in the E Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (March 18)

  Wednesday, March 18, 2009 8:37 AM

  PRE-MARKET UPDATE Wall Street looks like it has a St. Patty's hangover as sellers are the only ones in a good mood early this morning ahead of the FOMC data at 2:15 PM EST.  DJIA futures are down over 50 points, and S&P futures are down 5 points in early trading Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (MAR 17, 2009)

  Tuesday, March 17, 2009 8:29 AM

  PRE-MARKET UPDATE We'd wish you Happy St. Patrick's Day except that the Irish stock market has been even worse than ours here in the U.S.  Maybe a little green won't hurt though.  Equities are mixed this morning, but there is at least some green Read More Posted by Breakfast 0 Comments Go to top

• Breakfast Bell by Zecco for March 16, 2009

  Monday, March 16, 2009 8:12 AM

  PRE-MARKET UPDATE US equity futures are seeing another rise this morning with DJIA futures up 45 points and S&P futures up 7 points.  Much of the gains are tied to Bernanke's selling the recovery plan and to word that the Obama administration is close to unveiling its new regulatory oversight packages that will outline the Fed as the systematic risk regulator and more Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (MJarch 13, 2009)

  Friday, March 13, 2009 8:19 AM

  PRE-MARKET UPDATE Equity futures this morning are indicated higher.  This could mark the fourth consecutive day of rallies if it holds.  DJIA futures are up almost 40 points and S&P futures are up about 4.5 points in early trading. Treasury prices are slightly lower this morning Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (March 12, 2009)

  Thursday, March 12, 2009 8:29 AM

  PRE-MARKET UPDATE Equity futures are taking a breather this morning.  We are seeing a 5 point drop in S&P futures and a 40 point drop in DJIA futures.  After a two-day gain, some may take this just as profit taking.  But the culprit was overseas selling with Asian markets and European markets giving back today Read More Posted by Breakfast 0 Comments Go to top

• Breakfast Bell by Zecco (March 11, 2009)

  Wednesday, March 11, 2009 8:40 AM

  PRE-MARKET UPDATE Equities are trading higher again this morning, yet overseas markets did not follow the strength of yesterday's gains here in the US.  Japan's Nikkei rose 4.5% and Hong Kong's Hang Seng rose 2%, while the UK's FTSE fell 0.2%, Germany's DAX rose 1 Read More Posted by Breakfast 0 Comments Go to top

• Breakfast Bell by Zecco (March 10, 2009)

  Tuesday, March 10, 2009 8:25 AM

  PRE-MARKET UPDATE Equities are trading up this morning after Citigroup talked about being profitable in the first two months of the quarter in an internal memo.  There are also reports that the Obama administration is looking at ways to boost liquidity for small business as a way to increase lending and as a way to stave off job losses Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (MAR 9, 2009)

  Monday, March 09, 2009 8:33 AM

  MARKET UPDATE Equities are trading lower by about 35 points on DJIA futures and about 3 points on S&P futures in early indications on Monday.  This may be a disappointment when you consider that the last 20 minutes on Friday wiped out what would have been a huge negative day Read More Posted by Breakfast 0 Comments Go to top

• Breakfast Bell by Zecco

  Friday, March 06, 2009 8:59 AM

  PRE-MARKET UPDATE Equities are down again this morning, but by less than 1%.  S&P futures are down 5 points and DJIA futures are down about 60 points.  All eyes in equities and just about everything else are looking at the 8:30 unemployment and non-farm payrolls data this morning Read More Posted by Breakfast 0 Comments Go to top

• ZECCO BREAKFAST BELL (MAR 5, 2009)

  Thursday, March 05, 2009 8:25 AM

  PRE-MARKET UPDATE Despite a gain yesterday, despite a new capital stimulus and international outreach from China, and despite the Bank of England cutting rates, equities are indicated lower.  This is ahead of the jobs data today.  This also follows losses in the E Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (MAR 4 2009)

  Wednesday, March 04, 2009 8:36 AM

  PRE-MARKET UPDATE Dow futures are again trying to gap up, just like yesterday morning.  This is actually on macro-news and on hopes rather than just technical buying.  There are more and more rumors of the Bad Bank plans from the Obama administration Read More Posted by Breakfast 1 Comments Go to top

• Zecco Breakfast Bell (MARCH 3, 2009)

  Tuesday, March 03, 2009 8:31 AM

  PRE-MARKET UPDATE Equities are looking stable after yesterday's nose dive.  This looks more in response to overseas market stability rather than any solid news in the U.S. acting as a driver.  The talk last night that offered some stability was the notion that the Obama administration is considering multiple investment funds that could purchase bad loans and distressed assets Read More Posted by Breakfast 0 Comments Go to top

• Zecco Breakfast Bell (MARCH 2, 2009)

  Monday, March 02, 2009 8:14 AM

  PRE-MARKET UPDATE Equities are looking lower. Again.  This is on the heels of a government backing in a new redone plan to support troubled AIG and on the heels of the weekend coverage and criticism over Obama's budget sent to Congress.  DJIA futures were down over 100 points and S&P futures were down over 15 points 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.