Tuesday, December 25, 2012

Market Review (12/24/2012) and preview for tomorrow (12/26/2012)

Happy Holidays!

Down day yesterday in the market as a shortened session with low volume indicated that there wasn't much going on. Many attempts to break even failed as the markets slid during the last minute. Talks in Washington will decide the fate of the markets in the next few days.

DJIA - -0.39%
SP500 - -0.24%
NASDAQ - -0.28%


We had a down day but we still have strong support over the 20 DMA. Looking for a bounce off this DMA.

WATCHLIST


IRBT - gap fill after break


MNKD - break over 200 DMA, tested several times


OCZ - gap fill


UCTT - bottomed out, good upside


VDSI - break of 200 DMA

Good luck tomorrow!

No comments:

Post a Comment