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Tuesday, May 5, 2009

Stock Market May 6, 2009 5/6/09 Wall Street

The stock market was down slightly Tuesday as investors took profits from the late day surge on Monday. The Dow Jones is struggling with 8500 and the S&P 500 is trying to hold 900.

What's in store for the stock market Wednesday, May 6th?

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Stock Market May 6, 2009

Economic Date: The following economic data will be released on Wednesday and this data has the potential to really move markets. Of coarse, traders will be focused on what comes out of the stress test on Thursday, 5/7/09.

ADP Employment - 8:15am Est - Market Expects a loss of 643,000
Crude Inventories - 10:35am Est

Earnings Reports Expected - 5/6/09

Alpha Natural Resources ANR 5/06 8am .49EPS

Boyd Gaming BYD 5/06 8am .08EPS

Diana Shipping DSX 5/06 8am .46EPS

Foster Wheeler FWLT 5/06 8am .68EPS

Garmin GRMN 5/06 8am .41EPS

Transocean RIG 5/06 8am 3.50EPS

Cisco Systems CSCO 5/06 4pm .25EPS

Eagle Bulk Shipping EGLE 5/06 4pm .37EPS

Mercadolibre MELI 5/06 4pm .10EPS


I will post my stocks to watch list later today, Right Here

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