Before the Bell 10/20/2008

[0:44] ..." lost fully a third of its value. So far this year the S&P 500 didn't do -- down about 36%. In the international market to take -- if you look at that EAFE index is"...

[1:17] ..." up with earnings because we have to. Fully a third of the S&P 500 earnings are coming out this week. And so -- so we can carry gets a decent things because it is October"...

[2:39] ..." a penny so look out for today we're going to hear from American Express Lockheed -- Netflix ended and that Texas Instruments so. While the tech stocks are being heard."...

[3:02] ..." billion US dollars so. I think we're worrying -- in the United States used to -- we GM is trying to find money to buy Chrysler. In a merger could make some sense but if"...

[0:11]" The technical itself go to the markets this -- in London. -- the way they go but no I gotta say dentist the first ever little -- they have that there hasn't been more than we can meetings and and the anxiety that builds up on Monday it has to have the market's going to react to itself. I say it's. Settling down and I say that by the way with a triple digit Oprah on the ballot so. Ultimately is releases on the positive side this morning so this -- a typical one notch off for the seat belt that's just political that's what is so. But there's a lot of ground to to make up for unfortunately we've got a Dell don't fully lost fully a third of its value. So far this year the S&P 500 didn't do -- down about 36%. In the international market to take -- if you look at that EAFE index is actually down 44% so. Again let's hope for a bottom but right now at least it's a little unsettling effect and so and so. The credit crisis also seems to be easing up a little bit albeit in in very small increments is we try to get that Libor spread reduced its. Lower the cost of borrowing money so there's a kind of inches of movement in the right direction. Last week we're kind of loaded up with a lot of economic data for the week it sure about the earnings well this week we're loaded up with earnings because we have to. Fully a third of the S&P 500 earnings are coming out this week. And so -- so we can carry gets a decent things because it is October and the good news about our corporate that's six out of eleven of the last bear markets. -- at that point in time solicit we get out of here without too much too much of -- hit so do we air this morning -- futures -- sixteen point one. As I mentioned triple digit gains in the Dow couple 127 this morning. I'm aspects of nineteen oil was up about two dollars and 74 -- up with the gold trading about six six dollars and twenty cents. It's 793."

[1:54]" Well last week to get a mixed reviews on the earnings were kind of okay but they were cautious on the future in the I'll look at I think that's we continue to have to. Have to look at this week not so much -- it done but what am I going to do is we tracers sessions so. Let's start of the publicly companies so Mattel and has broke both reported third quarter sales problems so which is certainly not good for the holiday season. But at least Mattel's earnings -- up a little bit -- Hasbro's fell about 14%. We look overseas -- there's not simply percent to -- this morning because they're the largest maker of wireless network there's. And this at the profits are through much better than expected. If we go to the -- oil -- to take a look at Halliburton this morning they had a loss of two point one million current -- everything had kind of a special one time accounting and if you look at the non recurring items. They actually -- by a penny so look out for today we're going to hear from American Express Lockheed -- Netflix ended and that Texas Instruments so. While the tech stocks are being heard."

[2:49]" Are you look at Europe right now there are things are also trying to assure over there. We've got to this morning we got ING. The middle and banking system they say that they're going to help them not to the tune of about. A ten billion euros or a little bit more than thirteen billion US dollars so. I think we're worrying -- in the United States used to -- we GM is trying to find money to buy Chrysler. In a merger could make some sense but if nobody wants to lend the money it's kind of a moot point. -- the worst case reduces even -- the deal is that they're expecting about half of the work force of Chrysler to it's because out so soccer -- the jobs numbers. But can -- that I ever heard and a long time do you hope. On Monday morning till we got such -- it's in the power business that's exciting but we electric utility company Exelon. Buying energy energy looks like it'll start DO thirty -- six point two billion dollars ecstasy --"