Wednesday, January 23, 2013

Market Review (01/23/2013) and preview for tomorrow

Great day in the markets today, earnings season has come with some ferocity as they are helping the major averages climb higher. NFLX and AAPL released earnings post-market so there should be great trading opportunities tomorrow in these two stocks.

DJIA - +0.49%
SP500 - +0.15%
NASDAQ - +0.33%


The SP500 keeps trending higher along with the rest of the market but I am expecting a healthy pullback.

WATCHLIST


 OPTR - bounce off support



 CGEN - watching $6 area, been hanging right under resistance


 THLD - break of this resistance


 VOLC - chilling right in between the 20 DMA and 50 DMA, ready to make a move


NTRI - flag

Good luck tomorrow!

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