Wednesday, December 26, 2012

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

Weak retail sales data sent the major averages down today and no news/deals really from Washington regarding the 'fiscal cliff' were announced.

DJIA - -0.19%
SP500 - -0.48%
NASDAQ - -0.74%

Jobless Claims and New Home Sales tomorrow!


The SP500 slipped under the 20 DMA for the first time in December. It is hovering right on top of the 50 DMA.

WATCHLIST


DM - flag


GRPN - good upside to the next level (5.50)


IPHI - bull flag


NEON - break, this one really tends to run once it does get a break


ZAZA - flag

Good luck tomorrow!

No comments:

Post a Comment