Futures are getting hammered and Asia and Europe are lower as world markets are nervous about the strength of the financials. Ya think?
Bernanke speaks tomorrow and investors are pulling in their horns in front of the speech. Unemployment is released on Friday and the risk trade is in doubt. Investors have had a great year and seem to be monetizing profits. Hedge funds have a tendency to shoot first and ask questions later when things get iffy.
Will Bernanke wax dovish or hawkish on the dollar and interest rates tomorrow? Big question and tomorrow could be a big market mover, either way.
Around the Horn:
Economic
10:00am Sept Factory Orders (last -0.8%)
4:30pm API Crude Oil/Gasoline/Distillate Inventories
Events
Bank of America Mexico Conference. /b>Oct Vehicle Sales. ICSC/UBSW Chain Store Sales (7:45, last +0.1%). Redbook Retail Sales (8:55, last +0.6%). ABC Consumer Confidence (last -51). Trades Ex-dividend: BTU $0.07, KBH $0.063, NRP $0.54, NS $1.065.
Earnings
Before the Open: ACOR, ANR, AMT, ABC, AHII, ADM, BLC, BBG, BJS, BLT, CAM, FUN, XEC, CTSH, CFX, DNR, DBD, EMS, EMR, ENR, ENZN, EXPD, FSS, FSRV, FTR, GET, GWR, GLT, HHS, HCP, HNT, HPY, ICE, IPGP, JRCC, LPX, MMP, MRO, MLM, MVL, MA, MTRX, MHS, TYPE, NSTC, NXG, NWN, OZM, OSK, PKD, PER, PQ, RL, RDWR, RIGL, RMG, RBA, COL, RDC, RCL, RTI, RBCN, SNH, SKH, JOE, STE, SHOO, SFY, TLM, THC, TEVA, GTS, UNT, VIA.B, VNO, WST, WLK. After the Close: TDSC, ACAS, AGII, AUDC, BGCP, BGFV, BBND, BIO, BBBB, BKI, CBM, CHSI, CBL, CRL, COGT, FIX, CNW, CCI, DVA, DRIV, DISCA, DLB, DUF, DFT, DXPE, ESS, EXM, XCO, FARO, FEIC, FCH, LOPE, HIG, HLS, HLTH, IDSY, ICXT, ISTA, JJSF, JKHY, KNXA, KCP, KFRC, KFT, MAKO, MASI, MXWL, MRH, MYGN, NCIT, NETL, NOA, OIS, OKE, OKS, ONXX, OEH, PACR, MALL, PXD, QLTY, QSFT, RHB, RKT, SB, SSW, SENO, SLH, BID, SPSS, STEC, SGY, SYMM, TWTC, THS, TRLG, UNM, VVUS, WRC, WWWW, WBMD, INT, AUY, ZIPR.