Wednesday, February 6, 2013

Market Review (02/06/2013) and preview for tomorrow

Rangebound day in the markets today as it was pretty difficult to get a sense of the direction but we did end up at resistance and at the highs of the day.

DJIA - +0.05%
SP500 - +0.05%
NASDAQ - -0.10%

The SP500 had a rangebound day today but it ended up being bought until the end of the day closing at resistance.  We have been consolidating right below this resistance for a while.

WATCHLIST


FSL - watching $15


INVN - flag


IRBT - flag


RSTI - expecting a pullback here at resistance, short watch


SPWR - flag

Good luck tomorrow!

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