Good Morning Seeing nice moves in EMC and MSFT this morning

Monday, April 21, 2008

Bank of America reports a larger than expected drop in profit

S&P futures vs fair value: -5.9. Nasdaq futures vs fair value: -9.3. The major indices are off their worst levels, but continue to indicate a negative start. Traders' focus will remain on earnings reports, with no economic reports slated for release this session. The dollar (-0.50%) is seeing some selling pressure, as the euro advances nearly 1%.

Seeing a nice move here in EMC this morning, Looking to BUY HD here 200 looks great for this week