Dr. Julie Peterson-Manz reviews the Around The Horn stock action for December 18, and presents trade ideas that still have the possibility of triggering for December 21.
Several ETFs in the energy sector have formed "double bottom" or "undercuts" of their prior lows, and are now setting up to break out above multi-month downtrend lines.
The current fragility of the euro and the growing distaste of the Chinese to be too reliant on using the US dollar as its largest reserve currency are inter-linked and will probably be large factors in determining the appetite for US equities during 2010.
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