So Monday embarks a new day in the new year when it comes to the stock market.

Friday came with a nice start with a rally and a plus market.

This week comes with anticipation of the Labor numbers, the fed speaking in regards to the possibility of lower rates or some sort of other plan, and also the impending change with the US government administration. With this weeks turbulence in the middle east, I’m going to be looking at oil and gold prices and try to get into a short play on either industry.

Exxon (XOM), Chevron (CVX), Yamana (AUY) are the three that I’m watching tonight as the Asian markets open and show a pattern that might dictate Monday markets.

Wal-Mart got a buy rating from a analyst on Bloomberg, the interview can be seen here:

I got into Wal-Mart in ’08 and still hold as a long term hold and agree with this above video. Will it be the biggest bull on the Dow for ’09? I dont know, but with over 23 analysts recommending this stock also, its got to be a must have for this year. If anything, I might look for corrections on price rallies and get in to increase my position.

For those looking for a flashback, the Associated Press has a video on the biggest business news for 2008. Hopefully some if not all can be fixed for 2009. I’m sure atleast a few of these topics mentioned affect each person.

Well that is the quick note for today. I’m going to follow the above stocks as well as my favorite swinger (CPY) and look at Nortel. If I can get $0.30/share, I will get out and then wait for another drop. Its toched $0.29 a few times so I can see a move up one cent Monday.

Happy Investing!

Aman, MBA

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