Dow Jones Open 12/15/08 - Stock Market

This morning, 12/15/08, the Dow Jones and Stock Market's are opening lower. This is mainly just a little backing and filling from Friday's recovery. Traders are waiting for news out of the White House this week on what they are going to do with GM and Ford. The Federal Reserve is also expected to cut rates and energy traders are waiting to see what the OPEC meeting brings. Apple ( AAPL ) appears to be leading the Nasdaq down as Goldman Sachs ( GS ) has come out and downgraded with company. Other big movers are the Casino Stocks. From a Technical Analysis point of view, as long as the Dow Jones stays over 8500 and the Nasdaq stays over 1500, I like them both on the long side.

Stock Market Opening Prices December 15, 2008

Dow Jones Open - Down 59
Nasdaq Open - Down 22
S&P 500 Open - Down 8

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