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Tuesday, January 09, 2007

Another Drop In Oil

196Good morning. The market is set to open higher this morning following another drop in oil prices. But, much like yesterday, the headlines are relatively quiet as investors await Wednesday's trade data and retail sales data on Friday.

Among the premarket winners, shares of CPSL, CAKE, TASR, CYTK, ACLS, OPTM, JBLU, SGEN, NOVL, UAUA, SMSI, RAD, VSGN, FLML, and BRLC are catching a bid. On the other hand, premarket losers are ESCL, HELE, AGIX, CELG, LWSN, TECH, PTRY, GRMN, CHU, and LFC.

After the closing bell Alcoa's (AA) report will officially start the earnings season while investors will certainly pay close attention the market's reaction to earnings warnings from D.R. Horton (DHI) and Sprint Nextel (S). Everyone also seems fixated on new product announcements from Apple (AAPL) as if they're awaiting the second coming. Perhaps we've all become too gadget crazy for our own good. In spite of all of this, let's have a productive day!

Posted by Kirk at 9:03 AM in Preview | Bookmark | Feeds | Link |


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