Thursday, April 24, 2008

24/4 Pre-Open

Major Indices
DJIA
-cci still at 93 (close to minor resistance)
-waiting for red LSMA to happen

NASDAQ
-cci @ 118 - mainly due to apple?

Russell
-cci at slight ZLR uptrend.

Major News:
1. Starbucks cautious outlook.
2. Apple beat by Macs by iPod only 1% growth
3. Motorola loss widens due to phone
4. Credit Suisse writes down 5B and Barclay warns