Jan 23rd: Premarket report for Dow Jones and S&P500: IBM, GOOG, CREE, TXN, MCD, CA, QQQ, AMD

Stock market is expected to open higher tomorrow. Its one of the frustrating market when stocks remains flat or down most of the time and then rally into close. Best way to play this market is be all cash. Go long at the morning for quick profit.

Stock market expected to open higher tomorrow.

Resistance Level for Dow jones:

R3	13,831.21	Fib R3	13,770.82	Brk Out Long	13,761.30
R2	13,771.71	Fib R2	13,737.80	Short	13,736.75
R1	13,741.96	Fib R1	13,716.38	HL2	13,728.57
Pivot	13,682.46	Pivot	13,682.46	HL1	13,720.39
S1	13,652.71	Fib S1	13,648.55	LL1	13,704.03
S2	13,593.21	Fib S2	13,627.13	LL2	13,695.85
S3	13,563.46	Fib S3	13,594.10	Long	13,687.67
				Brk Out Short	13,663.12

Resistance Level For S&P500:

R3	1,507.76	Fib R3	1,500.05	Brk Out Long	1,498.83
R2	1,500.16	Fib R2	1,495.83	Short	1,495.70
R1	1,496.36	Fib R1	1,493.09	HL2	1,494.65
Pivot	1,488.76	Pivot	1,488.76	HL1	1,493.61
S1	1,484.96	Fib S1	1,484.43	LL1	1,491.52
S2	1,477.36	Fib S2	1,481.69	LL2	1,490.47
S3	1,473.56	Fib S3	1,477.47	Long	1,489.43
				Brk Out Short	1,486.29

Goog Resistance Level:

R3	722.52	Fib R3	717.53	Brk Out Long	710.80
R2	717.64	Fib R2	713.30	Short	707.66
R1	711.08	Fib R1	710.55	HL2	706.61
Pivot	706.20	Pivot	706.20	HL1	705.56
S1	699.64	Fib S1	701.86	LL1	703.46
S2	694.76	Fib S2	699.11	LL2	702.41
S3	688.20	Fib S3	694.88	Long	701.36
				Brk Out Short	698.22

AAPL Resistance Level:

R3	520.81	Fib R3	514.23	Brk Out Long	510.96
R2	514.34	Fib R2	510.07	Short	507.86
R1	509.56	Fib R1	507.37	HL2	506.83
Pivot	503.09	Pivot	503.09	HL1	505.80
S1	498.31	Fib S1	498.82	LL1	503.74
S2	491.84	Fib S2	496.12	LL2	502.71
S3	487.06	Fib S3	491.96	Long	501.68
				Brk Out Short	498.58

After Hour Gainer and Loser:

Percentage Gainers
Issue	Symbol	Volume	Last	Chg	% Chg		High	Low
Cree	CREE	771,810	$38.47	5.00		14.94	$38.85	$32.40
Intuitive Surgical	ISRG	198,156	563.50	45.01		8.68	566.00	508.33
New York Times Cl A	NYT	8,774	9.40	0.67		7.67	9.40	8.64
Google Cl A	GOOG	811,952	738.20	35.33		5.03	738.85	683.85
ACADIA Pharmaceuticals	ACAD	29,755	5.95	0.28		4.94	6.14	5.69
International Business Machines	IBM	1,113,264	204.14	8.06		4.11	205.00	195.11
LDK Solar ADS	LDK	21,510	2.05	0.08		4.06	2.05	1.91
MGIC Investment	MTG	57,692	3.10	0.11		3.68	3.10	2.94
Hansen Medical	HNSN	13,563	2.65	0.08		3.11	2.66	2.05

Percentage Decliners
Issue	Symbol	Volume	Last	Chg	% Chg		High	Low
STR Holdings	STRI	17,667	$2.71	-0.39	-12.58		$3.10	$2.35
Annie's Inc.	BNNY	104,015	34.38	-4.09	-10.63		38.47	33.20
Volterra Semiconductor	VLTR	32,294	16.00	-0.77	-4.59		16.94	15.98
Wesco International	WCC	6,700	69.29	-2.94	-4.07		72.23	69.29
Yingli Green Energy Holding ADS	YGE	9,264	2.86	-0.11	-3.65		2.97	2.86
Senior Housing Properties Trust	SNH	29,022	23.79	-0.87	-3.53		24.66	23.70
Perion Network	PERI	16,500	11.40	-0.37	-3.14		12.26	11.40
Invesco Mortgage Capital	IVR	125,644	21.16	-0.61	-2.80		21.77	21.10
Accuride	ACW	5,010	3.36	-0.09	-2.64		3.45	3.13

Earning Calendar:

Company Name	Time	Transcript	Wall St EPS Est($)	Actual EPS($)
ABBOTT LABS  ABT	Before Open	N/A	1.50	N/A
ABBVIE INC  ABBV	Before Open	N/A	0.97	N/A
AEP INDS  AEPI	Before Open	N/A	1.70	N/A
AIR PRODS & CHE  APD	Before Open	N/A	1.29	N/A
ALLEGHENY TECH  ATI	Before Open	N/A	0.17	N/A
ALTERA CORP  ALTR	After Market Close	N/A	0.39	N/A
AMGEN INC  AMGN	After Market Close	N/A	1.43	N/A
APPLE INC  AAPL	After Market Close	N/A	13.47	N/A
ASTORIA FINL CP  AF	After Market Close	N/A	0.14	N/A
BAKER-HUGHES  BHI	Before Open	N/A	0.61	N/A
BANCORP BNK/THE  TBBK	After Market Close	N/A	0.14	N/A
BANCORPSOUTH  BXS	After Market Close	N/A	0.24	N/A
BANNER CORP  BANR	After Market Close	N/A	0.63	N/A
CATHAY GENL BCP  CATY	After Market Close	N/A	0.34	N/A
CELADON GROUP  CGI	After Market Close	N/A	0.32	N/A
CHECK PT SOFTW  CHKP	Before Open	N/A	0.83	N/A
COACH INC  COH	Before Open	N/A	1.29	N/A
COHEN&STRS INC  CNS	After Market Close	N/A	0.42	N/A
COMMNTY BK SYS  CBU	N/A	N/A	0.54	N/A
COSTAMARE INC  CMRE	After Market Close	N/A	0.30	N/A
CROWN CASTLE  CCI	After Market Close	N/A	0.14	N/A
CUBIST PHARM  CBST	After Market Close	N/A	0.48	N/A
EAGLE BCP INC  EGBN	After Market Close	N/A	0.43	N/A
EAST WEST BC  EWBC	After Market Close	N/A	0.49	N/A
EXAR CORP  EXAR	After Market Close	N/A	0.07	N/A
F5 NETWORKS INC  FFIV	After Market Close	N/A	0.89	N/A
FIRST CASH FINL  FCFS	Before Open	N/A	0.91	N/A
FIRST MIDWST BK  FMBI	Before Open	N/A	0.19	N/A
FIRST NIAGARA  FNFG	Before Open	N/A	0.18	N/A
FLAGSTAR BANCP  FBC	After Market Close	N/A	0.81	N/A
FNB CORP  FNB	After Market Close	N/A	0.22	N/A
GENL DYNAMICS  GD	Before Open	N/A	1.92	N/A
GREENHILL & CO  GHL	After Market Close	N/A	0.74	N/A
HEXCEL CORP  HXL	After Market Close	N/A	0.38	N/A
HILL-ROM HLDGS  HRC	After Market Close	N/A	0.44	N/A
INNOVATIVE SOLU  ISSC	After Market Close	N/A	N/A	N/A
INVENSENSE INC  INVN	After Market Close	N/A	0.17	N/A
JACOBS ENGIN GR  JEC	After Market Close	N/A	0.76	N/A
LAM RESEARCH  LRCX	After Market Close	N/A	0.45	N/A
LOGITECH INTL  LOGI	After Market Close	N/A	0.34	N/A
LSI CORP  LSI	After Market Close	N/A	0.11	N/A
MARINE PRODUCTS  MPX	Before Open	N/A	0.06	N/A
MCDONALDS CORP  MCD	Before Open	N/A	1.33	N/A
MELLANOX TECH  MLNX	After Market Close	N/A	0.55	N/A
MOLEX INC  MOLX	Before Open	N/A	0.39	N/A
MOTOROLA SOLUTN  MSI	Before Open	N/A	0.92	N/A
NETFLIX INC  NFLX	After Market Close	N/A	-0.12	N/A
NOBLE CORP  NE	After Market Close	N/A	0.62	N/A
NOVARTIS AG-ADR  NVS	Before Open	N/A	1.24	N/A
NVE CORP  NVEC	After Market Close	N/A	0.58	N/A
OCEANFIRST FINL  OCFC	After Market Close	N/A	0.21	N/A
PAC PREMIER BCP  PPBI	Before Open	N/A	0.25	N/A
PARAMETRIC TECH  PMTC	After Market Close	N/A	0.24	N/A
POLYCOM INC  PLCM	After Market Close	N/A	0.05	N/A
PRAXAIR INC  PX	Before Open	N/A	1.38	N/A
PROVIDENT NY BP  PBNY	After Market Close	N/A	0.14	N/A
QUEST DIAGNOSTC  DGX	Before Open	N/A	1.06	N/A
RAYMOND JAS FIN  RJF	After Market Close	N/A	0.68	N/A
RLI CORP  RLI	After Market Close	N/A	0.44	N/A
ROLLINS INC  ROL	Before Open	N/A	0.17	N/A
RPC INC  RES	Before Open	N/A	0.24	N/A
RURBAN FINL CP  RBNF	After Market Close	N/A	N/A	N/A
SANDISK CORP  SNDK	After Market Close	N/A	0.68	N/A
SAP AG ADR  SAP	Before Open	N/A	1.26	N/A
SEALY CORP  ZZ	After Market Close	N/A	-0.03	N/A
SILICOM LIMITED  SILC	Before Open	N/A	0.40	N/A
ST JUDE MEDICAL  STJ	Before Open	N/A	0.90	N/A
STRYKER CORP  SYK	After Market Close	N/A	1.13	N/A
SUSQUEHANNA BSH  SUSQ	After Market Close	N/A	0.23	N/A
SWIFT TRANSPORT  SWFT	After Market Close	N/A	0.26	N/A
SYMANTEC CORP  SYMC	After Market Close	N/A	0.33	N/A
SYMMETRICOM INC  SYMM	After Market Close	N/A	-0.06	N/A
TE CONNECT-LTD  TEL	Before Open	N/A	0.64	N/A
TERADYNE INC  TER	After Market Close	N/A	0.01	N/A
TEXAS CAP BCSHS  TCBI	After Market Close	N/A	0.83	N/A
TEXTRON INC  TXT	Before Open	N/A	0.57	N/A
UMB FINL CORP  UMBF	After Market Close	N/A	0.67	N/A
UMPQUA HLDGS CP  UMPQ	After Market Close	N/A	0.23	N/A
UNIFI INC  UFI	Before Open	N/A	0.21	N/A
US AIRWAYS GRP  LCC	Before Open	N/A	0.18	N/A
UTD RENTALS INC  URI	After Market Close	N/A	1.03	N/A
UTD TECHS CORP  UTX	Before Open	N/A	1.02	N/A
VARIAN MEDICAL  VAR	After Market Close	N/A	0.87	N/A
WELLPOINT INC  WLP	Before Open	N/A	0.95	N/A
WESTERN DIGITAL  WDC	After Market Close	N/A	1.82	N/A
WILSHIRE BCP  WIBC	After Market Close	N/A	0.18	N/A
ZHONE TECH INC  ZHNE	After Market Close	N/A	N/A	N/A

Economy Calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				2:45	EUR	French INSEE Business Confidence	med		90	89
				8:30	EUR	EU Commissioner Buti and OECD Chief Economist Padoan speak at European Policy Centre	low
				9:00	USD	FHFA House Price Index	med		0.7	0.5
				10:00	EUR	Flash Consumer Sentiment	low		-26	-26.5
				10:00		IMF Releases World Economic Outlook update	med
				12:10		IMF Managing Director Lagarde speaks at WEF in Zurich (to 26 Jan)	low
				19:00	EUR	ECB Governing Council Meeting hold non-rate setting meeting	med