{"id":303712,"date":"2010-02-10T09:00:00","date_gmt":"2010-02-10T14:00:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:394012"},"modified":"2010-02-10T09:00:00","modified_gmt":"2010-02-10T14:00:00","slug":"greece-trade-deficit-exit-strategy-treasuries-%e2%80%93-vialoux","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/303712","title":{"rendered":"Greece, trade deficit, exit strategy, treasuries \u2013 Vialoux"},"content":{"rendered":"<p>U.S. equity index futures are mixed this morning. S&amp;P 500 futures are up 1 point in pre-opening trade. Investors are waiting for news from Europe on the possibility of a bailout of Greek debt. <\/p>\n<p>The U.S. Trade Deficit in December was higher than expected. Consensus was a deficit of $35 billion. Actual was a deficit of $40.2 billion.<\/p>\n<p>Ben Bernanke is scheduled today to release a comment on the Federal Reserve\u2019s exit strategy on its current low interest rate policy. Due to weather conditions, the comment will be released in a written statement instead of a verbal testimony.<\/p>\n<p>Traders are watching the $25 billion 10 year Treasury bond auction scheduled to be announced at 1:00 PM. Will continuing large bond auctions of longer term U.S. Treasuries run into resistance?<\/p>\n<p>Companies reporting higher than consensus earnings overnight included BHP Billiton, Disney and Gildan. BHP Billiton also offered positive outlook for base metal prices. \u2018Tis the season for Metals &amp; Mining stocks to move higher. <\/p>\n<p>Talisman reported lower than consensus fourth quarter cash flow and earnings. <\/p>\n<p>Suncor is down 1% after RBC Capital Markets downgraded the stock from Outperform to Sector Perform.<\/p>\n<p>Canadian National Railway was upgraded from Market Perform to Outperform by Raymond James.<\/p>\n<p>Adobe gained 3% after receiving upgrades to Outperform by Credit Suisse and Jefferies. <\/p>\n<p>Dell added 2% after Bank of America\/Merrill upgraded the stock from Neutral to Buy. Target was raised from $16.50 to $18.00.&nbsp;&nbsp; <\/p>\n<p><i>Don Vialoux, chartered market technician, is the author of a free<br \/>\ndaily report on equity markets, sectors, commodities, equities and<br \/>\nExchange-Traded Funds. For more visit <a href=\"http:\/\/www.timingthemarket.ca\/techtalk\/\" >Don Vialoux&#39;s Web site <\/a><\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/np\/aggbug.aspx?PostID=394012\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. equity index futures are mixed this morning. S&amp;P 500 futures are up 1 point in pre-opening trade. Investors are waiting for news from Europe on the possibility of a bailout of Greek debt. The U.S. Trade Deficit in December was higher than expected. Consensus was a deficit of $35 billion. Actual was a deficit [&hellip;]<\/p>\n","protected":false},"author":4059,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-303712","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/303712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4059"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=303712"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/303712\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=303712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=303712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=303712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}