Before the Bell 7/30/2008

[0:17] ..." yesterday that -- More good feelings and bad and cigarettes and oil price is going to certainly didn't hurt much at all. This morning were also seen some decent news so were dirty taking some"...

[2:06] ..." have to go are they apparently it gives it -- directions the Wall Street because they cut their outlook for. 2008. Didn't again they did make. Make some money but it's just really didn't meet expectations according -- those flat screens are up about 5% this morning is there a little bit cautious going forward. Are you just -- the US steel and how well they're doing today Arcelor Mittal the world's largest steel nickel doubled the automakers doubled their profits. A lot of drug companies off quite a bit today almost 38% because they're phase two trials. Open an alzheimer's disease really weren't significant so also said that I got more if you want to but I target effort for one --"...

[0:07]" Well -- that the footage that you -- going on one billion the -- at the bottom of the strain and accessory department and so word it is the earnings season at a time when everybody kind of takes a look at the books in -- things -- yesterday that -- More good feelings and bad and cigarettes and oil price is going to certainly didn't hurt much at all. This morning were also seen some decent news so were dirty taking some bets now -- those job numbers are going to be coming out because. Friday we have a -- jobs report and GDP that -- processors there always can appropriately to that although the can be little funky in terms of -- but they're betting right now epic and it's about 9000. Private sector jobs being created roughly translated. That means the monthly jobs numbers could be a 30000 so that's what the markets a little bit and hopes -- it's a great job numbers and try to. And the money available also important and it's important to Dick -- choice of the Fed this morning said the going to continue to. Keep the window on liquidity open should the big banks the difficulty emergency lending facilities they've been doing. Also the shorts are still going to continue to be sent that is as he continued to enforce some of those. Short selling rules which are for people who bet that the stock market and that particular on the financial stocks soared more equity in a little bit of elasticity is that they point seven. My screen let's and the Dow up 78 Nasdaq up fifteen point two. We also have oil and gold go in the same direction down which is a good thing I think it's. Today's big oil subsidies that -- 121 and we get to Europe might have been happy to -- 121. Oil prices so -- prices are down about 1492. As well."

[1:36]" Yes sister cavalcade it's only just kind of good treatment they get here contest -- they're out there with their earnings and I'm assured they'd have my check every month. The -- about 8% revenues couple's 11%. They might have been a little bit short on the per share earnings estimate that they have this thing called free cash flow. That was a lot better -- the -- have about 4% this morning. Another oil company task oil -- to -- safe test they actually gave our oil and gas production up about 4% and they be expectations. Garmin GPS that gets -- around where I have to go are they apparently it gives it -- directions the Wall Street because they cut their outlook for. 2008. Didn't again they did make. Make some money but it's just really didn't meet expectations according -- those flat screens are up about 5% this morning is there a little bit cautious going forward. Are you just -- the US steel and how well they're doing today Arcelor Mittal the world's largest steel nickel doubled the automakers doubled their profits. A lot of drug companies off quite a bit today almost 38% because they're phase two trials. Open an alzheimer's disease really weren't significant so also said that I got more if you want to but I target effort for one --"