Stock Market July 9, 2009 - 7/9/09

The stock market fell again Wednesday as Oil prices continued to come under pressure and the fact that thing have broken down technically. They were really attacking the financials such as Citigroup and Bank of America. The VIX spiked near 33 as well as we await Alcoa's ( AA ) earnings after the close tonight.

Below is a list of stock market events I will be watching for Thursday - July 9, 2009


Economic Data

Initial Jobless Claims - 7/4/09 - 8:30am EST - expected???? 600,000

Wholesale Inventories - May 2009 - 10am EST - expected???? -1.0%


Earnings Reports - 7/9/09

Chevron CVX 1.27 8am

Chattem CHTT 1.22 8am


Top Stocks to Watch - 7/9/09

Novogen Limited (NVGN)
Marshall Edwards Inc. (MSHL)
Gravity Co., Ltd (GRVY)
Targacept, Inc. (TRGT)
Amgen Inc. (AMGN)
Family Dollar Stores Inc. (FDO)
Tenet Healthcare Corp. (THC)
Direxion Daily Financial Bear 3X Shares (FAZ)
UltraShort Real Estate ProShares (SRS)
Direxion Daily Small Cap Bear 3X Shares (TZA)