The U.S. market indices finished yesterday solidly in the green after a gap up opening on Monday. The S&P 500 finished +9.13 to close at 1351.77. Professor Jeremy Siegel came on CNBC's Fast Money show after the market close and added to his Barron's weekend prognostications by saying that there's a 50/50 chance that the DJIA could hit 15,000 by the end of this year. That would represent a further 16.5% advance from yesterday's close of 12,874.
Pre-market indicators point to a slightly negative opening for the U.S. indices with the S&P 500 -4.30 points. Moody's downgraded 6 Euro zone countries yesterday, but the market seems to have factored in that kind of news.
Here are a few setups for today's trading. The education stocks which are generally a heavily shorted group showed up prominently in my scans last evening. There's a list of stocks at the bottom of the page as well. ALWAYS us stops to limit your losses.
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