Trading and Investing factors

 Factors for the day

• Dow, Nasdaq and S and P futures moderately up
• Rajoy spells out budget cut details amounting to 65 Billion Euros to fight crisis
• Peter Sauer, BofA executive and ex-Hoops star dies
• Europe markets down on Earnings worries, Asia markets swinging between losses and profits
• Profit warnings from US companies

Stock Market Bullets December 29, 2011

Stock market highlights for the day:

• Concern over Europe again! Sovereign debt crisis fear.
• Last trading day of the year tomorrow
• 10 year Italian bond yields at dangerous levels (7%)
• Pending sales of existing US homes at 1.5 yr high
• Factory activity grows in US midwest
• Banks and commodity sectors gain
• Initial claims for jobless benefits more than expected
• December payrolls report coming next week
• Amazon falls and affects Nasdaq index.