I’m a bit busy tonight, so this will be a quick post. The S&P 500 hit a new 52 week high, but could not hold on as the market sold off hard into the close. The S&P 500 remains in this trading range. Although today’s selling was on heavy volume, this is still a neutral chart.

spx2.jpg

One trigger today in SMOD. This triggered just before the sell-off. I was stopped out but will watch again tomorrow.

smod1.jpg

Some recent triggers did pretty well today, such as…

dan2.jpg

gsic2.jpg

Trade Ideas for 12/04/09:

Because of time contraints, I am only posting the stocks I am adding to the Watchlist today. See the Watchlist for all the stocks I will be watching tomorrow.

oclr.jpg

vmed.jpg

wlt.jpg

Good luck and good trading!