The market looks like it will open flat today. This morning, the US goverment announced that December Trade Balance report showed a deficit of $65.7 billion, which is worse than the $64.8 billion deficit that economists had forecasted. Oracle gave an update last night that will have in-line EPS guidance and a plan to cut 2,000 jobs. Winter Olympic is due to open this weekend, traders want to hold off the positions for the weekend in case anything happens.
Most Active Stocks:
(MSFT), (PTIE), (JJIJ), (QQQQ), (SYNC), (ORCL), (SIRI), (ATAR), (AAPL), (CAAS)
Stocks are Up:
(IIJI), (ZOLT), (MOCC), (PTIE), (TZIX), (ABXA), (SURG), (TASR), (SGMS)
Stocks are Down:
(WMGI), (CHNR), (QSII), (CPST), (OSUR), (UTSI), (CAAS), (EXPE), (SIFY), (SNDK)
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