ETF Range Projections 2/9

by: Bill Zimmer Monday, February 9th, 2009 at 8:03 am

The senate is hoping to vote on the bailout bill by tomorrow. The treasury has delayed by a day it’s announcement on bank bailouts perhaps funding a mortgage-mitigation proposal to help troubled homeowners avoid foreclosure.’

Overseas markets this morning: Nikkei 225 -1.33%, Hang Seng +0.84%, Shanghai Composite+1.99%, DAX -0.34%, and the FTSE 100 +1.34%.

As of about 8 AM the futures were pointing a bit lower: Dow -61, S&P -8.50, Naz -9.5 , Oil +$0.42, and Gold -$10.50.

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Have A Great Day!