The charts of FedEx, Manpower and Goldman Sachs are showing dangerously overbought conditions.
The averages remain in a narrow trading range, as investors await movement in the ongoing fiscal cliff negotiations.
Wall Street points higher on hopes a budget agreement is near.
With attention focused on the fiscal cliff or the Christmas holidays, its easy to miss earnings announcements this week.
Qualcomm eyes the future of wireless communication, Coinstar takes on Netflix, while FedEx, Bed Bath & Beyond, and FactSet are set to report earnings.
Consumer buying patterns produce some big holiday winners.
The increase in online shopping benefits both companies by way of higher volumes.
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.