The Wrap 1/14/10

{+++}The market was slightly higher today as investors were cautious in front of the Intel earnings report which was very good. Unless JPM’s report tomorrow morning is a disappointment, the market should trend higher, making Alcoa’s shortfall a distant memory. Oh, we hit 1150 today in case you missed it.

No names tonight as we are pretty long. The P&L tab has the updated spreadsheet.