Friday, April 8, 2009 - Today's market action - 7:30 AM

Good morning What do we have on tap today? As of 7:30 this morning: Futures DJIA INDEX 8,483.00 96.00 S&P 500 918.70 11.70 NASDAQ 100 1,404.75 10.25 The financials are screaming pre-market due to the results from the Stress tests. Crude - up $1.25 Nat Gas - up .098 8:30 AM Jobless Situation - Non farm payrolls. 10:00 AM Wholesale Trade I will update those numbers as they come out. CNBC is interviewing Ken Lewis of Bank of America as we speak. Softball questions so far. They did ask him and another guest why the bank stocks are going up when they all need to raise capital, some by diluting their shares. Because banks are better than everyone thought and the bottom is in. They asked Lewis how all the Stress test results were leaked. He didn't know. Imagine that! You can buy that crap, I'm not. I'll show you the math later when I have time. Update 8:05 McDonald's Corporation announced today that global comparable sales rose 6.9% in April, marking the 72nd consecutive monthly increase. Comparable sales increases by segment were as follows: * U.S. increased 6.1% * Europe increased 8.4% * Asia/Pacific, Middle East and Africa increased 6.5% Update 8:30 - Job Numbers Job - -539,000 Rate - 8.9$ Link to full report from Bureau of Labor Statistics Let's see what happens when we drill deeper into these numbers. CNBC of course spinning "less" job losses as a good thing. Quick look at futures since announcement: DJIA INDEX 8,490.00 103.00 S&P 500 919.30 12.30 NASDAQ 100 1,406.75 12.25 Update 8:50 - Links to job numbers reports MarketWatch Bloomberg WSJ