Market Review (12/11/2012) and preview for tomorrow

The market rallied today as investors heard progress was being made in Washington regarding the "fiscal cliff." Tech stocks rallied big time today as we can see in the NASDAQ. Big day tomorrow as the FOMC Meeting announcement can possibly send the markets in either direction.

DJIA - +0.60%
SP500 - +0.65%
NASDAQ - +1.18%

The SP500 is holding nicely over the 50 DMA which is a key support level to watch.

WATCHLIST FOR TOMORROW

ARQL - topped the 50 DMA, has alot of room to make a big move (gap fill)

GPRE - volume is accumulating on this one and its just about ready to break long flag

MNI - looking like its ready to make another run

NOK - still setting up nicely and ready to go

ZAZA - looking for the break

Good luck tomorrow!