Market Preview (01/21/2013-01/25/2013) and Watch List

Great weeks in the markets last week as we kept moving higher to new levels in the markets. The bulls have definitely taken over as we have taken out previous major resistance levels.

Look out for all the housing data coming out this week.

The SP500 broke a major resistance level this past week. I am looking for a lot of bulls to enter the market this week.

WATCHLIST

CNO - flag, bounce off 20 DMA

INFA - flag

IDTI - flagging right above support. semiconductors area really bullish right now

NTRI - long flag. watching $9

USEG - watching 1.80 level for continuation. huge volume

Good luck tomorrow!