Stock Market News April 20, 2009 4/20/09

This morning, 4/20/09, there are several news events that are causing the stock market futures to trade lower as we start one of the busiest weeks for earnings.

Stock Market News - April 20, 2009

Bank Nationalization: US May Convert Banks' Bailouts to Equity Share - Top story of the day in my opinion...futures are tanking on this news!

Bank of America ( BAC ) - BAC reports earnings of .44 cents per share. B of A stock is dropping on this earnings news as investors sell the news.

TARP Repayment: U.S. to put conditions on TARP repayment: report

Jack Bouroudjian, CNBC - Jack Bouroudjian came on CNBC this morning and stated that after he predicted the latest jaw dropping rally, it is time to go back and retest the lows in the next 6 weeks. Jack is one of the few traders I follow out there in Wall Street. Bouroudjian has been spot on over the past year. Art Cashin also said on Friday that he sees a strong pullback coming in the markets. I will be watching 8000 on the Dow closely!

Oracle ( ORCL ) - Sun Micro ( SUNW ) - Oracle to buy Sun Micro for $9.50/share

Stocks to Watch Today -Right Here

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

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