Stock Market Analysis – 01-21-2009

January 22, 2009 at 1:14 am · Filed Under Broader Market 

SPY Daily Chart

Was this more than just a bounce?  I’ll reserve judgment since we’re still in the same channel.  The most notable thing today for me was that AAPL had their holiday earnings call after the bell, and of course they exceeded expectations again.  That allows them to stay towards the top of my watchlist, but of course I’m not sold on picking up any long term positions still.  Let’s see how everyone else did during the holidays last year.

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