Dow Jones Open 12/17/08 - Stock Market

This more, the Dow Jones and Stock Market's are opening lower. Technology is getting hit because of Apple ( AAPL ) withdrawing from Macworld starting in 2010. This has investors fearing the health of Steve Jobs once again. Steve Jobs will not be giving the keynote address at this years Macworld. Apple has shown strong support around the $89 level in the past month so I am starting a small position Apple has 25 billion of cash sitting in the bank and while growth is slowing, they have one of the best businesses in the world. Not much downside from here. Apple also has some nice support at $85.

First Solar ( FSLR ) is a stock breaking out with nice volume this morning...keep an eye on ENER as well.

Stock Market Opening Prices December 17, 2008

Dow Jones Open - Down 105
Nasdaq Open - Down 22
S&P 500 Open - Down 13

Today's Biggest Gainers 12/17/08

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