Futures are down on POOR er by BBY.
BBY guiding lower also.
BBY is a perrenial disappointing company......so I do not put much credence to their ER & guidance.
Housing data as expected is showing continued downtrend in their outlook......housing picture will get worse before it gets better by end of the year.
Markets will try to get its footing as the day moves on......
Markets are showing hangover from its recent RUNUP......needs time to get going again....
Some of the GREEN stocks in pre-market @ 9.15 am are YHOO,BIDU,QCOM,CMED.
Down list will be led by BBY..............
GOLD is down.....
OIL trying to show green...so far....
Will post next update @ 1230PM est.
Good luck on your due diligence.
BLOG does not give buy or sell.
Saleem
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