Pre-market - August 17, 2009 - 7:50am

Opps! The foreign markets down big overnight, and ours not looking so good this morning. Futures down huge this morning: DJIA INDEX 9,140.00 -181.00 S&P 500 983.90 -21.90 1,003.60 NASDAQ 100 1,584.75 -30.25 Gold 949 -8 -0.82% Oil 66.04 -1.54 -2.28% Has everyone finally figured out the green shoots are just weeds? Today's economic calendar: Empire State Mfg Survey 8:30 AM ET Treasury International Capital 9:00 AM ET 4-Week Bill Announcement 11:00 AM ET Housing Market Index 1:00 PM ET 3-Month Bill Auction 1:00 PM ET 6-Month Bill Auction 1:00 PM ET Today's earnings reports: Before market opens CHBT China-Biotics, Inc. Basic Materials CIT CIT Group, Inc. Financial GSOL Global Sources Ltd. Technology HAST Hastings Entertainment Inc. Services HTWR Heartware International Inc. Healthcare LOW Lowe's Companies Inc. Services PCAP Patriot Capital Funding, Inc. Financial VAL Valspar Corp. Industrial Goods Today after close A Agilent Technologies Inc. Technology AMCN AirMedia Group Inc. Services CHINA CDC Corp. Technology CNTF China Techfaith Wireless Communication Technology Ltd. Technology DL China Distance Education Holdings Limited Services EMKR EMCORE Corporation Technology FMCN Focus Media Holding Ltd. Services FMD First Marblehead Corp. Financial LIVE LiveDeal, Inc. Services PEDH Peoples Educational Holdings, Inc. Services SCR Simcere Pharmaceutical Group. Healthcare TSL Trina Solar Ltd. Technology