Thursday, January 3, 2013

Market Review (01/03/2013) and preview for tomorrow

Stocks ended in red today after the minutes from the Fed indicated that some members of the Fed want to discontinue stimulating the economy this year. The solars have been having a fantastic beginning of the year so I will be keeping a good watch on it to see if there are new highs.

Employment numbers tomorrow before market opens.

DJIA - -0.16%
SP500 - -0.21%
NASDAQ - -0.38%


I remain bullish on the markets. Should expect some consolidation, if not a direct run-up.

WATCHLIST


ACHN - flagging for a run


POWR - flag


SCTY - new solar stock, solars hot. could go if it breaks today's high


TW - flagging right under the 200 DMA, can go for a big run if it can get over


Z - watching $29 area

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