A Record For Amazon–You Won’t Believe This…

Stocks are slightly lower Monday. Oil is lower, on
warmer than expected temperatures in the Northeast.

Wal-Mart said December same store sales will be in the midpoint of its
1-3% projections.

Insurance and hotel stocks are in focus after the devastating tsunami in
Asia. Watch AIG
(
AIG |
Quote |
Chart |
News |
PowerRating), Ace
(
ACE |
Quote |
Chart |
News |
PowerRating) and Four Seasons
(
FS |
Quote |
Chart |
News |
PowerRating)

Sharper Image
(
SHRP |
Quote |
Chart |
News |
PowerRating) missed badly and cut its Q4 and 2004
outlook, citing disappointing holiday sales.

Amazon
(
AMZN |
Quote |
Chart |
News |
PowerRating) recorded its best one-day sales in history–2.8
million items…that’s 32 items per second. Amazon called the 2004 holiday
season its best ever.

Strong sectors are: Airlines
(
XAL.X |
Quote |
Chart |
News |
PowerRating) +1.02%, Gold
(
XAU.X |
Quote |
Chart |
News |
PowerRating)
+1.13%, Internet
(
GIN.X |
Quote |
Chart |
News |
PowerRating) +1.08%.

Weak sectors are: Oil Services
(
OSX.X |
Quote |
Chart |
News |
PowerRating) -1.59%, Natural Gas
(
XNG.X |
Quote |
Chart |
News |
PowerRating) -1.27%, Semis
(
SOX.X |
Quote |
Chart |
News |
PowerRating) -0.74%.

 

Coach
(
COH |
Quote |
Chart |
News |
PowerRating) said they expect same store sales up 25% for the
month.

Adolor
(
ADLR |
Quote |
Chart |
News |
PowerRating) said results for a drug in Phase III trials didn’t
yield statistically significant results.

Introgen Theraputic
(
INGN |
Quote |
Chart |
News |
PowerRating) said it would seek accelerated
approval for its Advexin cancer therapy.

Sirius
(
SIRI |
Quote |
Chart |
News |
PowerRating) reached its goal of 1 million subscribers.

Brice Wightman