Huge drop in consumers confidence hitting Indices....

Consumer confidence dropped to its lowest level in 10 months.....consensus was 55 actual 46....last months was 56.5......this IS a shocking number.....

As US economy is the worlds biggest market..a drop in consumer stat like that is having ripple effect worldwide...European markets are also down close to 1.5%...

Currently US markets are down from .85% to 1.58%..Dow being the-best so far......

Gold Down $7.20 to $1105.40

Oil Down $1.00 to $79.31

Canadian $ Down 1.10 cent to 95.86

Portfolio is APWR,IAG,PALM,SLW,TSL( reports before open expecting a beat).....

@ 12.33 following are GREEN :

GS,TLM,M,GAME,WYNN,CMED.....

BLOG does NOT give buy or sell.

Saleem