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Stock Futures Lower Before Open - Mike Swanson (09/10/09)

Submitted by Mike Swanson on Thu, 2009-09-10 08:21.

Stock futures are slightly lower today before the opening bell, with S&P 500 futures down 1 point. Before the open weekly jobless numbers will come out with expectations for an adjustment to 560,000 from 570,000 last week.

No big earnings news today, although seed company Monsanto announced that it is going to cut its workforce by 8 percent.

Market overall is bullish so you want to stay in. Now isn't the time to get out of a retirement plan and then be forced to worry about Calculating 401k Early Withdrawal Penalties.

Also keep in mind last week Wall Street veteran Joe Granville stated that we are now in a bull market.


Above is from Peter Schiff about dollar weakness.

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