Looks like we’ll see some sideways action today and then I think the markets go green. Investors are awaiting the second estimate of U.S. third-quarter gross domestic product. The data are due at 8:30 a.m. Eastern time. The first estimate released in October showed that the U.S. economy in the July-through-September quarter expanded at a 2.5% annual rate. The Federal Open Market Committee will release minutes from its November meeting at 2 p.m. Eastern.
Late last night I put all of my thoughts into video format – I hope you enjoy.
Click here to learn from the 35% one day win on SAPX
Click here for my video thoughts on RENN
Click here for my video thoughts on USAT
Click here for my video thoughts on EK
Click here for my video thoughts on LOCM
Click here for my video thoughts on COOL
We have class tonight from 9 p.m. EST – 10 p.m. EST and I’ll have a small assignment out midday for anyone who wants to participate.