Friday, January 6, 2012

January 6: Midday update & new setups

The U.S. equity markets are trading mostly flat after starting out the session in the red.  Continued problems with the euro zone banks coupled with euro weakness has weighed on the market.  Despite that, selective stocks continue to display strength and are making nice moves.  

The last hour of the trading day will go a long way to show market participants if this week's market strength has staying power.

Here are a few setups at midday, listed in no particular order.










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