DailyMarkets.com - A NASDAQ 100 Breakout?

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• A NASDAQ 100 Breakout?
• Dow Ends Flat Following Late Fed-led Sell-off
• The FOMC Doubles-Down ON QE3
• Federal Reserve Trims Growth And Jobless Rate Forecasts
• IShares Dow Jones US Oil Equipment & Services Index Fund (IEZ) : Short Sell @ $5116
• Flickr App Redesign Brings Smiles
• US Data, Fed Reaction In Spotlight

A NASDAQ 100 Breakout? Posted: 12 Dec 2012 03:41 PM PST The E-Mini NASDAQ 100 has been coiling within a rather tight range over the last two months, which could pave the way to an impressive breakout soon. Here's why… Spring-Loaded The daily chart of the E-Mini NASDAQ 100 futures contract shows price has been coiling like a spring since late October, which means we could see a potential breakout opportunity soon. Any time price trades in this type range contraction phase, we usually see a phase of range expansion ahead. As a matter of fact, the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dow Ends Flat Following Late Fed-led Sell-off Posted: 12 Dec 2012 09:25 AM PST 12/12/12 Stocks turned south Wednesday afternoon following Fed Chairman Ben Bernanke’s press conference and the central bank’s latest policy … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The FOMC Doubles-Down ON QE3 Posted: 12 Dec 2012 01:28 PM PST Well, the Fed did what I expected it to do (see previous post), but it didn't wait until after the fiscal cliff negotiations had been completed as I had hoped it would. My fear was that the politicians would take too much comfort in the Fed's support of the economy and lose some of the needed urgency to get fiscal policy on track. The fact that the Dow lost a considerable amount of earlier gains during Chairman Bernanke's press conference suggests that market participants didn't think … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Federal Reserve Trims Growth And Jobless Rate Forecasts Posted: 12 Dec 2012 12:34 PM PST     The Federal Reserve trimmed its forecast for U.S. economic growth this year, but kept its 2013 forecast unchanged from September, and expects the unemployment rate to fall faster.     The U.S. central bank cut its forecast for 2012 Gross Domestic Product growth to 1.7-1.8 percent from its previous forecast of 1.7-2.0 percent. The forecasts for 2014 and 2015 were also trimmed.     The unemployment rate this year is expected to end with an average rate of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

IShares Dow Jones US Oil Equipment & Services Index Fund (IEZ) : Short Sell @ $5116 Posted: 12 Dec 2012 12:17 PM PST DROP EXPECTED … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Flickr App Redesign Brings Smiles Posted: 12 Dec 2012 12:15 PM PST 12/12/12 Flickr gives users something to smile about, on both sides of the iPhone camera lens. Yahoo! announced its second mobile experience update this … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Data, Fed Reaction In Spotlight Posted: 12 Dec 2012 08:51 AM PST 12/12/12 Thursday brings a slew of US economic data including jobless claims, retail sales and PPI. Global reaction to the Fed decision will be … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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