Trading GUI Drawing Board

Qctober 8, 2009 -- SQUAWK BOX 6-9AM

a reform legislation would expand coverage to 94% of all eligible americans. the cbo is putting the 10-year price tag at $829 billion and says that the bill could cut federal deficits by $81 billion over a 10-year span. a senate vote on this bill could come as early as friday. we'll be speaking to senator bradley. he's talking about the cbo's scoring. we'll hear more on about later on squawk. looking at the futures this morning, the futures are sharply in positive territory now. the markets ended mixed, down, but just barely. most of the major market averages ended at their highs for the session this morning. you'll see the dow futures are up by about 83.5 above fair value. s&p are stronger, as well. we have quite a bit of data

coming this morning. we get weekly jobless claims coming up at 8:30. that will be important for the markets. we have same-store sales throughout the morning. oil prices at this point back above $70 a barrel. yesterday after we saw the inventory numbers that showed a big spike in supplies, you saw oil prices down by about %, but this morning, back up to $70.28 a barrel opinion if you've been keeping an eye on the 10-year note is trading right at 3.81%. the big story, though, is the dollar. the dollar continues to get pummel pummeled. right now, the dollar/yen, sitting at 88.25. euro/dollar trading at 1.4768. as the dollar has dropped, we have seen a new record gold price just about every day. that's the case once again this morning in europe. right now, gold prices are at a record high.

a reform legislation would expand coverage to 94% of all eligible americans. the cbo is putting the 10-year price tag at $829 billion and says that the bill could cut federal deficits by $81 billion over a 10-year span. a senate vote on this bill could come as early as friday. we'll be speaking to senator bradley. he's talking about the cbo's scoring. we'll hear more on about later on squawk. looking at the futures this morning, the futures are sharply in positive territory now. the markets ended mixed, down, but just barely. most of the major market averages ended at their highs for the session this morning. you'll see the dow futures are up by about 83.5 above fair value. s&p are stronger, as well. we have quite a bit of data