Thursday, May 19, 2005

Morning News

Futures are flat pointing to a slightly higher open.
Weekly Jobless Claims today 8:30 am.
Philidelphia Fed Survey today 12:00 pm.
April Leading Indicators today as well 10:00 am.
Oil up slightly from yesterdays lows now $ 47.00 per barrel.
Allstate Insurance pulling back on Florida insurance market after last year's hurricane season cost the company 1.6 billion dollars.
OPEC may cut output at June meeting if oil inventories continue to build.
Upgrades CRM, EQR, TNS
Downgrades GT, OPSW, LUV

Budd Foxx

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