Monday Market Wrap

{+++} Sorry for the website  problem today, evidently part of Stocktwits had a meltdown, but its now fixed.

For the day the SPX/DOW were +0.10%, and the NDX/NAZ were mixed. Bonds lost 3 ticks, Crude added 45 cents, Gold slipped $4, and the USD was lower. Medium term support remains at the 1699 and 1680 levels, with resistance at the 1779 and 1828 levels. Tomorrow nothing is scheduled on the economic front.

Although the market was pretty much a non event today all of our stocks from last nights video triggered today.

Solar stocks looked good today ( JKS, FSLR, TAN). Also some of the media names like LIN, NXST and GTN have good looking charts.

Here is one to watch tomorrow:

HAR  -had a breakout on good earnings back on 10/31. Now its pulled back in a beautiful light volume wedge or flag. The 80-80.50 level is probably a good place to enter.


See you in the morning.

Previous Post
Sunday Video With New Set Ups
Next Post
Morning Market Look: Serepta Disappoints

Recent Articles