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Ahead Of The Fed
By: Kirk Report   Monday, August 04, 2008 10:48 AM

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Good morning. Premarket futures are lower following mixed economic data and declines in markets overseas. Tomorrow we have another Fed meeting with most expecting no change in their interest rate policy.

Premarket gainers: PSPT, EMKR, STEC, FSYS, CLNE, ALY, MDCO, CHD, GAS, NCOC, DISH, UAUA, JBLU, AKAM, BIIB, HUM, BRM, VISN, SBLK, TRIN, & ELN.

Premarket losers: FLEX, EYE, CHIC, VIVO, SOLR, LPX, HBC, QCOM, NS, VRTX, HMC, SVNT, TRA, SHPGY, GOLD, MICC, & AAUK.

Ahead of the Fed, expectations are for a relatively quiet trading day. At 10:AM we have a report on Factory Orders but it is not expected to be a major market mover.

Let's make it a great week!


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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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