Thursday, December 6, 2012

Market Review (12/06/2012) and preview for tomorrow

All major indexes closed higher today as the tech sector showed strength. Talks in Washington continued on how to avoid the fiscal cliff. Big day tomorrow as we find out the employment situation pre-market.

DJIA - +0.30%
SP500 - +0.33%
NASDAQ - +0.52%


The SP500 is still consolidating under the 50 DMA and hovering right above the 20 DMA and 200 DMA.

WATCHLIST FOR TOMORROW


BTH - bottom bouncer


GPRE - flagging for a run


MEMS - breakout


MPW - breakout watch


SMBL - breakout watch

Good luck tomorrow!

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