Delayed Alerts for January 8th

Thursday, January 8, 2009

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9:01 am

Good Morning Covering AAPL 90.42 from 93.99
Todays headlines. Wal-Mart lowers fourth quarter outlook. Retailers report raft of December same-store sales results. Weekly jobless claims decline, results better than expected. Also surprised to see Think or Swim now part of Ameritrade (sellout) just beginning to like this company. Pre-market action showing some strength in MT, SHLD, I am looking to cover my AAPL here 90.42. S&P support @ 895 (Trendline and 20 ema)other stocks on Watch List, ATVI, UYM, OXY, MT.

10:29 am

Markets seem to be in a holding pattern waiting for the Obama press conference. I am starting a position now in UYM the proshares basic Material ETF that correspond to twice (200%) the daily performance of the Dow Jones U.S. Basic Materials IndexSM. 400 shares @ 15.05 10:26, ATVI still holding up nice.