Friday, April 13, 2007

A Few Quick Midday Notes

Consumers shaky is the headline at Marketwatch for the U of MI consumer sentiment data.

Thanks to strength in names like MRK, GE and MCD you'd hardly know what was going on in that glum consumer sentiment report. Tech, however, is weak with the NDX pulling back.

For two days running EDS (EDS) calls have been active... especially the 30 strike in Apr, May and June. I have no clue as to why the volume has been so heavy, but thought it worth passing on as an fyi.

Looking ahead - Earnings Monday and Tuesday include: AMLN, BPOP, SCHW, C, LLY, MAT, AMTD, KO, EMC, JNJ, MMR, JOSB, USB, WFC, WM and WB.

Otherwise, today is a pretty dead day.

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