Sunday PreMarket Buzz

As Microsoft opens more communication with Yahoo about a potential buyout, it seems as if the terms of the deal may be shifting a bit. The latest info is the Microsoft might be leading to purchasing only the online advertising business from Yahoo. This might be the golden arrow to rival Google on its home turf.

This could leave Yahoo looking like a shell, and therefore less than attractive to investors.

Outside of this speculation, one thing we know for sure, is the more player involved the more potential scenario outcomes we have to factor in.

Looking toward this week and the housing data that will be released, you can imagine that the Market will not bounce when the bad housing data is released vs. something like Citigroup writing down a $3 billion charge and then subsequently raising an amount double of the write down.

At 11pm EST, the Nikkei is up 14 points.

Good Fortune from Trade Equity!!!