Friday, October 14, 2011

Good Morning...

Though Wall Street's major averages are coming off a mixed session Thursday, they remain on pace for their best weekly gains in four weeks, and the fourth biggest weekly gains of 2011.  The Nasdaq Composite is currently riding a four-day winning streak and is up for seven of the past eight sessions.


We'll get the University of Michigan's preliminary consumer sentiment reading for October at 9:55am ET, expected to edge higher to 60.0 from September's final number of 59.4.

Google (GOOG) leads our list of stocks to watch this morning, after blowing past expectations with its latest quarterly earnings.

Google is up more than 8% premarket.

Apple (AAPL) will be high on the watch list once again today, as the iPhone 4S makes its debut in stores.

Financials could see some downward action today, as Fitch downgrades UBS (UBS) and puts others such as Morgan Stanley (MS) and Goldman Sachs (GS) on review.

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