Market Review (12/18/2012) and preview for tomorrow

Stocks hit a two-month high today with the tech and energy sector leading the way. Also reports that there might be a compromise soon about the "fiscal cliff" also drove the market higher. Keep on the November housing starts number tomorrow (could drive the market possibly).

DJIA - +0.87%
SP500 - +1.15%
NASDAQ - +1.46%

It looks like the SP500 will look to consolidate under this area before making new highs.

WATCHLIST FOR TOMORROW

AA - break over trend and 200 DMA (could possibly consolidate here before making a move)

AFFX - gap fill

AMD - good upside here after break, low risk here

IQNT - looks ready to go, stick a stop loss at the 20 DMA

WIN - gap fill (might consolidate for a few days, keep on watchlist)

Good luck tomorrow!