SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
Market Comments & Wrap-Ups
- 1/16/2009 2:21:07 AM
By Chip Brian, SmarTrend Analytics Team
Last updated January 15th, 2009 6:50 AM ET---Today, U.S. stock futures are again indicating a lower open as investors ponder the health of the U.S. financial sector and Apple's (NASDAQ:AAPL) CEO Steve Jobs. Bank of America (NYSE:BAC) may be getting more federal aid to help absorb losses it incurred during its acquisition of Merrill Lynch this month. Bank of America (NYSE:BAC) has already received $25 billion since the start of the credit crisis. Investors are keeping a close eye on the health of Apple's (NASDAQ:AAPL) CEO Steve Jobs. The cancer survivor will be taking a medical leave of absence amid concerns that his health is far worse than previously disclosed. Apple's (NASDAQ:AAPL) COO, Tim Cook, will take over Jobs role while he is on leave. Also affecting the markets today are the Producer Price Index and Jobless Claims figures, which will be released at 8:30 AM E.T. today. At the time of this report, S&P futures are down 0.30 versus fair value, Nasdaq futures are down 17.00 versus fair value and Dow futures are up 9.00 versus fair value.
Contact Chip Brian
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html
|