Stock Market Focus for Tomorrow, 1/13/10

Tomorrow I'll be focusing on Retail Sales and Jobless Claims. Retail Sales are estimated to come in at .4% MoM growth after a 1.3% surge in November. New motor vehicle sales and rising gasoline prices lead me to believe this .4% number will be beat tomorrow.

On the jobless claims side, the consensus estimate is at 437k. Expect the 4-week moving average to continue its downward descent, which would mark the 19th straight decline.

I'll also closely be watching Intel's earnings report which comes out after the bell tomorrow. This report should serve as a good indicator as to what direction the market will be moving in on Friday and specifically how the big-cap tech names will fare.

Here are the two charts for retail sales and jobless claims, both coming from http://fidweek.econoday.com/ .