Showing posts with the label Daily Market Analysis

RTTNews: Daily Market Analysis. May 7th, 2010

Daily Market Analysis Fri May 7 09:11 2010   May 7, 2010 Upbeat Jobs Data Generates Positive Sentiment But Uncertainty Remains - RTTNews Daily Market Analysis The major U.S. index futures are pointing to a moderately higher opening on Friday, as traders are likely to go bargain hunting following the sell-off seen in the previous session. While a bigger than expected increase in U.S. employment is also likely to contribute to early strength in the markets, buying interest may remained somewhat subdued amid continued uncertainty regarding the fiscal situation in Europe. Some traders may also be reluctant to move money into stocks following the historic volatility seen on Thursday. Full Article