Premarket Report for Jan 8th: Dow Jones, S&P500, AAPL, MNST, UVXY, HOV, SWHC, YUM, CAG

Stock market is expected to open higher or rally tomorrow because its ECB fine tuning day. 80% of the time market have rallied or opened higher because of this operation. So don't be surprise if market rallies for no reason. Key level on the downside is 13365 for bear.

The only economic data that is important is US consumer credit at 3 pm EST though It doesn't cause major movement. Earning season begins from tomorrow and the first one to report is AA. Next key event this week will be ECB rate cut decision on Thursday. So no major movement is is expected. Market is expected to remain flat to slightly lower till then.

Dow Jones is expected to open because if ECB fine tuning day. 13365 is key level on downside, while 13432 is key level on upside.

Dow Jones Resistance Level:

R3	13,525.32	Fib R3	13,479.80	Brk Out Long	13,435.34
R2	13,480.72	Fib R2	13,445.46	Short	13,409.81
R1	13,432.51	Fib R1	13,423.18	HL2	13,401.31
Pivot	13,387.91	Pivot	13,387.91	HL1	13,392.80
S1	13,339.70	Fib S1	13,352.65	LL1	13,375.78
S2	13,295.10	Fib S2	13,330.37	LL2	13,367.27
S3	13,246.89	Fib S3	13,296.03	Long	13,358.77
				Brk Out Short	13,333.24

S&P500 Resistance Level:

R3	1,476.55	Fib R3	1,471.41	Brk Out Long	1,467.31
R2	1,471.51	Fib R2	1,467.77	Short	1,464.60
R1	1,466.70	Fib R1	1,465.40	HL2	1,463.70
Pivot	1,461.66	Pivot	1,461.66	HL1	1,462.79
S1	1,456.85	Fib S1	1,457.92	LL1	1,460.99
S2	1,451.81	Fib S2	1,455.55	LL2	1,460.08
S3	1,447.00	Fib S3	1,451.91	Long	1,459.18
				Brk Out Short	1,456.47

AAPL Resistance Level:

R3	544.50	Fib R3	536.76	Brk Out Long	531.66
R2	536.90	Fib R2	531.54	Short	527.78
R1	530.40	Fib R1	528.16	HL2	526.49
Pivot	522.80	Pivot	522.80	HL1	525.19
S1	516.30	Fib S1	517.44	LL1	522.61
S2	508.70	Fib S2	514.06	LL2	521.32
S3	502.20	Fib S3	508.84	Long	520.02
				Brk Out Short	516.15

MNST Resistance Level:

R3	55.18	Fib R3	53.72	Brk Out Long	51.86
R2	53.75	Fib R2	52.51	Short	50.96
R1	51.91	Fib R1	51.73	HL2	50.66
Pivot	50.48	Pivot	50.48	HL1	50.36
S1	48.64	Fib S1	49.24	LL1	49.76
S2	47.21	Fib S2	48.46	LL2	49.46
S3	45.37	Fib S3	47.25	Long	49.16
				Brk Out Short	48.26

UVXY Resistance Level:

R3	16.76	Fib R3	16.40	Brk Out Long	15.80
R2	16.41	Fib R2	16.07	Short	15.55
R1	15.86	Fib R1	15.86	HL2	15.47
Pivot	15.51	Pivot	15.51	HL1	15.38
S1	14.96	Fib S1	15.17	LL1	15.22
S2	14.61	Fib S2	14.96	LL2	15.14
S3	14.06	Fib S3	14.62	Long	15.05
				Brk Out Short	14.81

HOV Resistance Level:

R3	7.41	Fib R3	7.16	Brk Out Long	6.90
R2	7.17	Fib R2	6.97	Short	6.75
R1	6.89	Fib R1	6.85	HL2	6.71
Pivot	6.65	Pivot	6.65	HL1	6.66
S1	6.37	Fib S1	6.45	LL1	6.56
S2	6.13	Fib S2	6.33	LL2	6.51
S3	5.85	Fib S3	6.14	Long	6.47
				Brk Out Short	6.32

SWHC Resistance Level:

R3	9.19	Fib R3	9.07	Brk Out Long	8.94
R2	9.07	Fib R2	8.98	Short	8.87
R1	8.94	Fib R1	8.92	HL2	8.85
Pivot	8.82	Pivot	8.82	HL1	8.82
S1	8.69	Fib S1	8.73	LL1	8.78
S2	8.57	Fib S2	8.67	LL2	8.75
S3	8.44	Fib S3	8.58	Long	8.73
				Brk Out Short	8.66

After Hour Gainer and Loser:

Gainers & Losers	Day’s Close	After-Hours	After-Hours % Change
IGTInternational Game T...	14.68	14.80	+0.82%
KEYKeyCorp	8.97	9.04	+0.78%
AMDAdvanced Micro Devic...	2.67	2.69	+0.75%
MONMonsanto Co	95.94	96.50	+0.58%
FHNFirst Horizon Nation...	10.43	10.49	+0.58%
YUMYum! Brands Inc	67.89	64.40	-5.14%
CAGConAgra Foods Inc	30.17	29.72	-1.49%
KMIKinder Morgan Inc	37.32	36.93	-1.05%
FTRFrontier Communicati...	4.46	4.42	-0.90%
JNPRJuniper Networks Inc...	20.15	19.98	-0.84%

Earning Release:

Company Name	Time	Transcript	Wall St EPS Est($)	Actual EPS($)
ACUITY BRANDS  AYI	Before Open	N/A	0.80	N/A
ALCOA INC  AA	After Market Close	N/A	0.07	N/A
APOLLO GROUP  APOL	After Market Close	N/A	0.90	N/A
GLOBAL PAYMENTS  GPN	After Market Close	N/A	0.87	N/A
IHS INC-A  IHS	Before Open	N/A	0.81	N/A
LINDSAY CORP  LNN	Before Open	N/A	0.75	N/A
MISTRAS GROUP  MG	After Market Close	N/A	0.32	N/A
MONSANTO CO-NEW  MON	Before Open	N/A	0.37	N/A
RPM INTL INC  RPM	Before Open	N/A	0.42	N/A
SCHNITZER STEEL  SCHN	Before Open	N/A	0.04	N/A
WD 40 CO  WDFC	After Market Close	N/A	0.54	N/A

Economic Calendar:

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				2:00	EUR	German Current Account (nsa)	low		16	13.6
				2:00	EUR	German Trade Balance	med		15.8	15.8
				2:45	EUR	French Trade Balance	low		-4.8	-4.69
				5:00	EUR	Business Climate Index	low		-1.09	-1.19
				5:00	EUR	Economic sentiment	med		86.3	85.7
				5:00	EUR	Industrial sentiment	med		-14.5	-15.9
				5:00	EUR	Unemployment	med		11.8	11.7
				5:00	EUR	Consumer sentiment	med		-26.6	-26.6
				5:00	EUR	Retail Trade	high		0.3	-1.2
				5:00	EUR	Retail Trade	high		-2.1	-3.6
				6:00	EUR	German Factory orders (nsa)	med		-0.4	-2.4
				6:00	EUR	German Factory orders (sa)	med		-1.4	3.9
				10:00	USD	IBD consumer optimism	med		46.3	45.1
				15:00	USD	Fed's Lacker speaks on "Economic Outlook, January 2013" before South Carolina Business and Industry Political Education Committee 27th Annual Meeting	low
				15:00	USD	Consumer Credit	med		12.75	14.16