Futures market is on a downtrend as shown from this Globex trading.

Partly due to the recent news coming from Asia and from the North Korean leader's demise.

Another reason that a Santa Claus rally this week is already nil?

Let's see by tomorrow's regular open if there will be a miracle.

Best and Worst Stocks of 2011

By Ben Steverman | Bloomberg – 18 hours ago

The U.S. stock market returned almost nothing to investors in 2011. As of early December, the Standard & Poor's 500 index had netted 0.9 percent -- and actually lost 1 percent if dividends aren't included.

Such poor overall performance hides some wide variations: 80 stocks in the S&P 500 returned 20 percent or more in 2011, while 43 lost more than a third of their value.

Bloomberg Rankings analyzed S&P 500 returns as of Dec. 2 to determine which stocks were best and worst to shareholders in 2011. Their results follow, starting with 2011's 5 best performers.

THE BEST STOCKS OF 2011
Cabot Oil and Gas Corp.

Industry: Oil exploration & production
Total return: 128.8 percent
On Oct. 27, Cabot (COG) reported that gas and oil production was up 39 percent from a year ago. The company also estimated production could expand 45 percent to 55 percent in 2012, a projection Global Hunter Securities analyst Dan Morrison called "eye-popping."
El Paso Corp.

Industry: Pipelines
Total return: 84.2 percent
El Paso (EP) shares rose in January when the company forecast "double digit" earnings growth in 2012. Then, on Oct. 17, shares surged higher still on news that competitor Kinder Morgan (KMI) would buy El Paso for $21.1 billion, 37 percent more than its closing price on Oct. 14.
Biogen Idec Inc.

Industry: Biotechnology
Total return: 68.9 percent
The world's largest maker of medicines treating multiple sclerosis, Biogen Idec (BIIB) saw its biggest share gains of the year -- including a 15 percent rise on Apr. 21 -- driven by studies showing the effectiveness of the experimental MS pill BG-12. Analysts estimated the product could bring in annual sales of as much as $3 billion.
Mastercard Inc.

Industry: Commercial services-finance
Total return: 69.2 percent
MasterCard (MA) is the world's second-largest payment network, processing $2.1 trillion in credit- and debit-card purchases in 2010. In 2011, the company's rising profit and market share boosted the stock. On Nov. 2, the company reported that net income rose 38 percent amid a 21 percent rise in credit-card spending.
Intuitive Surgical Inc.

Industry: Medical instruments
Total return: 68.3 percent
Intuitive Surgical (ISRG) said in October it expects sales to rise as much as 23 percent this year. The company's main product, the robotic "da Vinci" surgical system, converts doctor's hand motions into tiny movements inside a patient.

THE WORST STOCKS OF 2011

When world financial markets ran into trouble in August -- problems sparked by concerns about European debt and Standard & Poor's downgrade of U.S. government debt -- the stocks of many financial services companies took it on the chin. From Aug. 1 to Oct. 3, the financial stocks in the S&P 500 dropped 23.5 percent. Other parts of the market, including the airline industry and materials companies, saw poor results for other reasons.
The following are the S&P 500's 5 worst stocks of 2011, as measured by their total year-to-date return, including dividends, as of Dec. 2.
Monster Worldwide Inc.

Industry: Human resources
Total return: -68.9 percent
Monster Worldwide (MWW) shares rose 36 percent in 2010, but in January the company projected disappointing estimates for 2011 earnings. Goldman Sachs analysts said the stock was "fully valued." Analysts surveyed by Bloomberg expect the company's sales growth to slow from 25.5 percent year-over-year in the second quarter of 2011 to 0.35 percent in 2012's first quarter.
First Solar Inc.

Industry: Energy-alternate sources
Total return: -63.3 percent
Solar manufacturers such as First Solar (FSLR) face an increasingly competitive industry. Prices have fallen for solar panels as demand from Europe has slowed and Chinese producers boost output. Three U.S. solar companies, including Solyndra, declared bankruptcy in 2011.
Netflix Inc.

Industry: Internet
Total return: -62.2 percent
Netflix (NFLX) shares rose 442 percent from the beginning of 2010 until July 2011. That advance stalled when customers didn't like changes to the pricing and terms for Netflix's video-streaming and DVD-by-mail subscription services. The company lost 800,000 U.S. subscribers in the third quarter of 2011.
MEMC Electronic Materials Inc.

Industry: Semiconductors
Total return: -62.0 percent
MEMC Electronic Materials (WFR) is contending with a downturn in two of its end markets, the solar and semiconductor industries. Analysts surveyed by Bloomberg estimate that revenue will drop 13 percent year-over-year in the first quarter of 2012, while the company posts a loss of 4 cents per share.
Alpha Natural Resources Inc.

Industry: Coal
Total return: -59.8 percent
Alpha Natural Resources (ANR) bought rival Massey Energy on June 14, months after an explosion at Massey's Upper Big Branch coal mine killed 29 people. In August, executives said they would have difficulty getting planned cost savings from the combination. In September, they warned that production would be lower than expected.

Christmas rally for the market looks dim.

Only a few trading days left before Christmas and there is/are no signs the market is bouncing from its grave.

Santa has run out of money to buy the market, instead he sold the market and the bears are on clouds.

Unless Tim Geithner prints money for Santa to buy the market, the market is in jeopardy.

Today's market turn positive in the open but run out of gas after an hour or so and buried itself into the mud.

It turn sideways till the close.

An ugly trading week for the market!

Exited the trade at 11874 for a break even, price action is not convincing...

Trade is gaining ground, moving the stop to 11864...

Bought YM at 11874 with stop at 11855...

A Few Trading Lessons

• Posted by Joe Fahmy
• on December 14th, 2011

This past weekend, I wrote that we could see a potential market rally over the near-term. Since then, the market has dropped 3 straight days and none of the stocks on my watch list triggered upside buy alerts. As I mentioned in my post, I have no ego when it comes to the stock market. It doesn’t bother me when I’m wrong because no one can expect to be right all the time. Being wrong is just part of the game.

Here a few lessons from this week’s market action:

1) When you find a great number of trading setups (as I did this past weekend), let the market prove itself first before getting in aggressively.

2) Wait for a Follow-Through Day (FTD) to confirm that the market is in a new uptrend. A FTD is when the market has a convincing up day (approximately +1.5% or greater) on strong volume. This usually occurs on days 4-10 of an attempted rally. There is nothing wrong with trying to anticipate such a day (as I did over the weekend), however, you still need to wait for the day to occur.

3) It is ok to be wrong, but it is not ok to STAY wrong!

4) Even when we get confirmation of a new uptrend, don’t be in such a rush. If it’s a true rally, the market will give you plenty of time to make money. Remember, the fear of missing out is the downfall of most traders.

5) Cash is still king right now, especially because we are below both the 50-day and 200-day moving averages on the NASDAQ Composite. Keep in mind that 4 out of 5 stocks move in the general direction of the market, and right now we are still in a downtrend.

Bottom line, there is nothing wrong with forming a market opinion based on the information it gives us. The key is to wait for the market to confirm your opinion before getting aggressively involved. And finally, if you are wrong, it’s no big deal because it won’t be the first or last time it happens.