Stocks for December 26th: TVIX, VXX, VIIX, UVXY, VIXY: Its time to be cautious.

Since, November 16th, Dow jones is up 650 point (5%) and S&P500 is up 70 point (6%) on the hope that something will be done by Congress, but neither President is interested in solving fiscal cliff nor Republican. Both are on vacation and they will meet on December 27th at 2 pm to decide any solution.  Both of them failed to set an example by taking vacation and spending time in Hawaii and their home when the crisis is at the door step. Soldiers don't take break when the war is at the corner. For them Country comes first and family. Fed and algos are taking care of the stock market by keeping it floating higher but that doesn't mean problem has been solved. US has already hit debt ceiling but not a single mainstream media is talking about it because Treasury is also on break and they haven't updated their website that US has officially hit the debt limit of 16.394 trillion.

As a trader, we need to be on alert for next few weak because chart indicates now big crash is on the way, unless Fed pump up the market.

For Dow jones 13122 and S&P500 1424 are critical level on the downside which is danger point for crash. I have updated "Bear Stock" and "Bull Stock" list to take advantage of either rally or crash. 

It will be also light volume till January 1st week. Good luck and becareful if your holding stock overnight. The purpose of the site is to show whats coming, it doesnt mean crash will happen immediately, just be cautious for next 2 week.

Worst Case Scenario on No solution for fiscal Cliff

Worst case scenario for Dow jones on NO solution for fiscal Cliff.

Session				Time	Currency	Event	Impact	Actual	Forecast	Prev.
				6:00	USD	S&P Case-Shiller Home Price	med		3.9	3
				16:00	USD	Senate convene for "Fiscal Cliff" talks	med
				21:00	JPY	Housing starts (Ann.)	low		0.91	0.98
				21:00	JPY	Housing starts	low		10.7	25.2
				21:00	JPY	Construction orders	low			-13.8
				23:00	GBP	Nationwide house prices (sa) (27th-31st)	med		0.1	0
				23:00	GBP	Nationwide house prices (nsa) (27th-31st)	med		-0.9	-1.2
				23:00	CHF	UBS Consumption Indicator	low			1.31
				23:45	EUR	French INSEE Consumer Confidence	low		84	84
				23:45	EUR	French PPI	med		-0.3	0.5
				23:45	EUR	French PPI	med		2.1	2.9

After Hour Gainer and Loser:

Percentage Gainers
Issue	Symbol	Volume	Last	Chg	% Chg		High	Low
Vanguard MSCI European ETF	VGK	22,039	$49.50	1.19		2.46	$49.50	$48.31
VelocityShares Daily 2x VIX Short Term ETN	TVIX	21,645	10.01	0.18		1.83	10.21	9.92
Barclays Bank iPath S&P 500 VIX Short Term Futures ETN	VXX	739,359	32.52	0.56		1.75	32.69	31.95
Alexza Pharmaceuticals	ALXA	23,850	5.07	0.08		1.60	5.07	5.07
VelocityShares VIX Short Term ETN	VIIX	28,500	17.56	0.27		1.56	17.61	17.30
ProShares Ultra VIX Short-Term Futures ETF	UVXY	147,194	22.90	0.35		1.55	23.43	22.56
Fastenal	FAST	14,209	47.04	0.68		1.47	47.04	46.17
ProShares VIX Short-Term Futures ETF	VIXY	34,500	17.35	0.25		1.46	17.40	17.08

Percentage Decliners
Issue	Symbol	Volume	Last	Chg	% Chg		High	Low
McEwen Mining	MUX	5,455	$3.70	-0.11	-2.89		$3.82	$3.70
Fifth Third Bancorp	FITB	12,141	14.75	-0.29	-1.93		15.08	14.75
ProShares Short VIX Short-Term Futures ETF	SVXY	35,232	67.77	-1.18	-1.71		69.05	67.72
Vringo	VRNG	30,212	2.91	-0.05	-1.69		2.97	2.90
VelocityShares Daily Inverse VIX Short Term ETN	XIV	118,626	17.25	-0.26	-1.48		17.54	17.17
ABB ADS	ABB	12,214	20.30	-0.27	-1.31		20.75	20.30
DragonWave	DRWI	15,810	3.30	-0.04	-1.20		3.32	3.30
Vitesse Semiconductor	VTSS	15,000	2.23	-0.03	-1.15		2.23	2.23
Hovnanian Enterprises Cl A	HOV	7,391	6.69	-0.07	-1.04		6.80	6.68
Direxion Daily Gold Miners Bull 3x Shares	NUGT	6,585	9.92	-0.10	-1.00		10.00	9.87
Herbalife	HLF	68,181	25.81	-0.25	-0.96		26.05	25.80