Good morning traders!

In the US Friday, the DJIA fell 91 points at 11,193, the Nasdaq lost 37 points at 2,518 and
the S&P500 shed 14 points at 1,199.

In Asia today, the Nikkei was last up 84 points at 9,809, while the Hang Seng ended the
morning off 163 points at 24,059.

Crude oil traded at $85.19 a barrel on Nymex.

Gold settled at $1,367 an ounce.

Happy Monday!

G.

Opening Market Overview

15/11/2010 Broker Recs

AAL Bernstein: outperform, tp raised to 3580 from 3160
AGS BarCap: overweight, tp raised to 145 from 140
AGS Nomura: neutral, tp raised to 150 from 139
AMEC HSBC: reiterated overweight, tp raised to 1275 from 1130
ANTO Bernstein: downgraded to market perform from outperform
ARM RBS: reiterated buy, tp raised to 430 from 420
BARC UBS: reiterated neutral, tp cut to 305 from 340
BLT Bernstein: outperform, tp raised to 2910 from 2570
BP. JPMorgan: reiterated overweight, tp raised to 550 from 500
BPI Investec: buy, tp cut to 380 from 400
BT.A Jeffries: reiterated buy, tp raised to 215 from 191
CW. RBS [HB]: reiterated buy, tp 105
CWK Panmure: upgraded to buy from hold
DCG Goldman: reiterated sell, tp raised to 342 from 337
ECM HSBC: reiterated overweight, tp raised to 325 from 280
ECM Investec: hold, tp raised to 255 from 220
EZJ Nomura: reiterated buy, tp reiterated 500
FSTA Execution: downgraded to sell from neutral, tp 540
GNK Execution: upgraded to buy
GPOR Execution: downgraded to hold from buy
GPOR Panmure: reiterated hold, tp raised to 326 from 317
IMG RBS: reiterated buy, tp raised to 484 from 404
IMI Investec: buy, tp raised to 1000 from 950
INB Arbuthnot: initiated neutral, tp 8
ITE Investec: reiterated buy, tp raised to 205 from 187
ITRK Jeffries: reiterated hold, tp 1775
KAZ Bernstein: market perform, tp raised to 1560 from 1350
LAND UBS: reiterated buy, tp raised to 770 from 740
LMI Bernstein: market perform, tp cut to 1700 from 1710
LMI JPMorgan: upgraded to neutral from underweight, tp raised to 2100 from 1550
MJW Investec: reiterated buy, tp raised to 385 from 345
MKS Deutsche: hold, tp raised to 430 from 370
MSY UBS: reiterated buy, tp raised to 335 from 325
NG. BarCap: overweight, tp raised to 615 from 580
NG. HSBC: reiterated neutral, tp raised to 615 from 600
PUB Execution: upgraded to buy
RIO Bernstein: outperform, tp raised to 5200 from 4320
RR. Investec: reiterated buy, tp raised to 675 from 630
RTO HSBC: reiterated underweight, tp cut to 87 from 90
STAN Citigroup: buy, tp raised to 2250 from 2168
SXS Credit Suisse: reiterated outperform, tp raised to 1310 from 1115
UMC Investec: hold, tp cut to 400 from 415
VED BarCap: equal weight, tp cut to 2900 from 3100
VED UBS: reiterated neutral, tp raised to 2500 from 2400
VOD Jeffries: reiterated buy, tp raised to 205 from 175
XTA Bernstein: market perform, tp raised to 1310 from 1080

Hello Kyoto

Welcome back and I hope the family, and particularly the baby,
is well.

Are you just 'passing through' i.e. you are in transit
or have you 'landed' here again for a while? I am sure
others have felt your absence too, as the place has not
been quite the same while you were away!

All good wishes.

Wow, thanks Midknight. Yes, I'm slowly re-emerging from my baby-induced hibernation :-) I can see my time is going to be more limited than before for a while so I'll have to see how things go as far as posting is concerned. I think there are only about five people who read this thread so I've probably not been that missed ;-)

Midday Market Overview

Kyoto - Wecome back. There may not be a host of posters on this thread, but it gets
plenty of views. Mostly people looking your updates, probably. ;)

Thanks Greystone - but don't sell yourself short - I'm sure they're here to read your excellent headers! :-)

.

End-of-day Market Overview