Tuesday, August 19, 2014

Stock Futures Add To Gains Before The Open...After Housing Start Stats Show Surge For July...Starts Up An Unexpected 15.7%...

BMO – ES + 4.75…and NQ + 10.75…stock futures point to a HIGHER open in pre-market…

SPY is up .44…


Euro is down 35 pips…
TLT is up .43…
           
                                                                                   
Follow your rules for entry and exit…and always remember to adjust stops to protect profits also according to your rules...

Quoting Up: FAST, MNST, CELG, MU, DLTR, GILD, ROST, TSL, JD, JASO, KNDI, GTAT, XONE, RAX, UNG

Quoting Down: TSLA, LOCO, SCTY, LNKD,


Monday, August 18, 2014

Stocks Have Strong Rally...NASDAQ Hits 14 Year High...Highest Since 2000...DJIA Has Triple Digit High Up 175...

Eight out of nine sectors moved higher on Monday…XLI, XLF and XLB were the strongest sectors…XLF was the weakest sector. 

Breadth strengthened as advancers led decliners 3.75 to 1 on the NYSE and 2.98 to 1 on the NASDAQ.

Monday – strengthened, advancers led
Friday – weakened, decliners led
Thursday – weakened, advancers led
Wednesday – strengthened, advancers led
Tuesday – weakened, decliners led


SPY up 1.64 at 197.36 on 73 million shares
VIX down .83 at 12.32…
TNX up .42 at 23.87…
TLT down 1.17 at 116.54...
XLF up .25 at 22.83 on 24.2 million shares

AAPL up 1.18 at 97.98 on 47.2 million shares
FB up .96 at 74.59…on 23.8 million shares, below average volume


Technical Commentary:
QQQ + 0.77%, SPY + 0.84%, DIA + 1.03%, IWM + 1.46%.


Traders continue to follow your entry rules.

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.


Short-term up trend Chart Targets:
SPY = 194.30, 195.78, 196.62, 198.05...
QQQ = 96.31, 97.52, 98.28
IWM = 112.23, 114.31...

Support Levels
SPY = 191.57, 189.51...
QQQ = 93.57, 91.73, 90.44…
IWM = 110.15, 108.86...

Earnings season is winding down while retail earnings began this week. 

This week:  GME, HPQ, JASO, YOKU, ROST,

Q2 Earnings Reactions
Positive Reactions – AMAT, CSIQ, PCLN, NTES, SINA, NVDA, MNST, ANR, FSLR, GTAT, LNKD, SFUN, SSYS, SUNE, UBNT, YOKU, AKS, AMGN, CHRW, ESRX, HCA, HES, LRCX, TSN, TWTR, WYNN, X, YNDX, CMG, BIIB, ISRG, SWI, UA, VRSN, AAPL, APD, CA, CHKP, CMCSA, CTXS, DAL, DECK, DOW, FFIV, FB, FTI, GD, LXK, LMT, NBR, NDAQ, NOK, OSTK, ORLY, PETS, RHI, STLD, SWK, TSCO, TXN, WHR, XRX, ZION, BX, C, GOOGL, GS, HON, INTC, KSU, JPM, PM, SCSS, SWKS, URI, AA, STZ, APOL, BKS, KBH, MON, MU, NKE, SCHN,

More than 10% - TWTR, CMG, BIDU, BIIB, ISRG, LNKD, OSTK, SWI, SFUN, SSYS, SUNE, UA, VRSN, X

Negative Reactions – ADSK, CREE, GOGO, JDSU, JWN, M, RAX, SCTY, YELP, CTSH, MYL, AEM, AET, AKAM,  BWLD, BZH, CL, CMI, COP, DDD, ESI, GLW, GRMN, HLF, JEC, KRFT, LNG, MTW, RYL, SLCA, UPL, UPS, VRTX, XOM, ALK, ALXN, AMZN, ANGI, ATI, BA, CAT, CELG, DHI, DNKN, EA, ETFC, FCX, GM, HOG, ILMN, JNPR, KLAC, KMB, KO, LLTC, MCD, NFLX, P, PHM, QCOM, SBUX, STI, STO, T, TPX, TRIP, TRV, UTX, V, XLNX, AMD, BAC, BHI, JCI, JNJ, LVS, MAT, SLB, SNDK, STX, USB, YHOO, FAST, FDO, CAMP, BBBY, GIS, CCL, WAG,

More than -10% - AMD, ANGI, BWLD, CAMP, DHI, HLF, MXIM, P, SNDK, XLNX,


Reversal in progress – AET, AKAM, ALXN, AMZN, ATI, EA, GIS, GRMN, ILMN, KO, KRFT, LNG, P, RYL, STX, TPX, VRTX,


Reversal of Initial Reaction – BBBY, BZH, BBBY, CELG, DNKN, ETFC, KLAC, NFLX, RAX, SLCA, UPL, YELP, YHOO, APOL, KBH, MON,


The SPY Market Forecast green line is pointed UP at 57.

____________________


Setups
Horizontal Breakout: BBRY, BBY, DAL, EMC, ETFC, FSLR, IWM, JD, SCSS, SUNE, UA, UAL, VRSN, AKAM, AVGO, CTXS, INTC, MSFT, NFLX, ROST, SNDK, STX,
Diagonal Breakout: AIG, C, GOGO, KNDI, SPWR, CRM, MU, SBUX,  
Bull Flag: BX, CTRP, PANW, SFUN,   
Potential Bullish Divergence:  
Gap Up:
Gap Down:
Bear Flag:   
At Support:   
C- Pattern:  

Moves
New Highs: CAR, NTES, RCL, X,  
H Breakout: IBM, NKE, RCL, SOHU, SWI, TSL, UBNT, YELP, RAX, AAPL, CELG, EXPE,
D Breakout: AA, JASO, STI, BAC,
Bull Flag Bounce:  
Gap Up: GTAT, GILD, YHOO,
Gap Down:
Bounce: SCHW, SSYS, CREE, JNPR, KKD, ADSK,  
MACD Divergence Bounce: GME,  
C- Pattern:  
Support Break: FEYE,     


______________________

86 of 100 NDX stocks closed higher and two were unchanged on Monday.


Leading NDX 100 stocks included: YHOO, FFIV, ILMN, ADSK, DISCA, FAST, PCAR, CELG, EXPD, MU

Lagging NDX stocks included: MNST, DLTR, AMAT, NXPI, TSLA, ALXN, NTAP, XLNX, ATVI, LLTC

Leading stocks > +2% on Monday included: KNDI, UBNT, GPRO, GTAT, JASO, X, UAL, JCP, CSIQ, AAL, TSL, GOGO, SOHU, FAS, KKS, CIEN, YNDX, CREE,

Lagging stocks < -2.0% included: FEYE, YOKU, WLT,


Stocks to Watch on Tuesday
Holding Above 30 DMA= 65
CHRW, BIDU, INTC, WDC, SYMC, GILD, SBAC, NTAP, EBAY, COST, FB, BBBY, CERN, EXPE, REGN, AMGN, CTXS, FFIV, PCLN, ISRG, YHOO, SPLS, ESRX, TSLA, MSFT, NFLX, FOXA, ADP, MNST, NVDA, ROST, WFM, CTRX, DISCA, AAPL, ATVI, CHKP, INTU, PAYX, MAR, BIIB, EQIX, ALXN, CELG, FISV, SIAL, SIRI, VRSK, AKAM, AMZN, AVGO, CMCSA, HSIC, KLAC, ORLY, SRCL, STX, LBTYA, LMCA, VIP, DISH, ALTR, AMAT, BRCM, TXN

Moving Above 30 DMA = 6
ADBE, GOOG, LINTA, VOD, ILMN, TSCO              

Moving Below 30 DMA = 1
DLTR                                                                                                            

Staying Below 30 DMA
ADSK, CTSH, WYNN, CA, DTV, CHTR, CSCO, GOOG, SBUX, VOD, VRTX, ADBE, MDLZ, EXPD, PCAR, MU, MYL, LINTA, ILMN, QCOM, TRIP, GMCR, KRFT, LLTC, NXPI, VIAB, XLNX, SNDK, MAT, ADI, GRMN, FAST, MXIM,

Sixteen Week Intermediate Term Market Trend: Up

3-Day Short Term Market Trend: Up

Stock Futures Perk Up In Pre-Market As Tensions Ease Between Russia/Ukraine...FDO Up 5% After Buyout Offer...

BMO – ES + 9.75…and NQ + 19.75…stock futures point to a HIGHER open in pre-market…

SPY is up 1.05…


Euro is down 10 PIPS…
TLT is down .46…
           
                                                                                   
Follow your rules for entry and exit…and always remember to adjust stops to protect profits also according to your rules...

Quoting Up: BIIB, ADI, ALXN, CMCSA, GILD, KNDI, GTAT, UBNT, TSL, YNDX

Quoting Down: NXPI, MNST, DLTR,


Friday, August 15, 2014

NDX Makes New High Close Led by GILD, MSFT, MNST, AMAT, BIIB and INTC...GOGO, GTAT, LOCO, Z Bounce...

Five of nine sectors moved higher on Friday…XLE, XLU and XLB were the strongest sectors…XLF was the weakest sector.  XLU which was Thursday’s weakest sector jumped to the top position on Friday as oil prices bounced.

Breadth weakened as decliners led advancers 1.04 to 1 on the NYSE and 1.36 to 1 on the NASDAQ.

Friday – weakened, decliners led
Thursday – weakened, advancers led
Wednesday – strengthened, advancers led
Tuesday – weakened, decliners led
Monday – strengthened, advancers led


SPY down .04 at 195.72 on 139.3 million shares, 45% above average volume
VIX up .73 at 13.15…
TNX down .55 at 23.45…
TLT up 1.27 at 117.71...
XLF down .11 at 22.58 on 40.4 million shares, 34% above average volume

AAPL up .48 at 97.98 on 48.9 million shares
FB down .67 at 73.63…on 38.9 million shares


Technical Commentary:
QQQ +0.48%, SPY -0.02%, IWM -0.19%, DIA -0.27%.




Traders continue to follow your entry rules.

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.


Short-term up trend Chart Targets:
SPY = 194.30, 195.78, 196.62, 198.05...
QQQ = 96.31, 97.52, 98.28
IWM = 112.23, 114.31...

Support Levels
SPY = 191.57, 189.51...
QQQ = 93.57, 91.73, 90.44…
IWM = 110.15, 108.86...

Earnings season is winding down while retail earnings began this week. 
This week:  GME, HPQ, JASO, YOKU, ROST, 

Past week:  PCLN, GOGO, CSIQ, AMAT, JDSU, CREE, RAX, VJET, XONE, SINA, NTES, ADSK, NTAP, JCP, JD, JWN, M

Q2 Earnings Reactions
Positive Reactions – AMAT, CSIQ, PCLN, NTES, SINA, NVDA, MNST, ANR, FSLR, GTAT, LNKD, SFUN, SSYS, SUNE, UBNT, YOKU, AKS, AMGN, CHRW, ESRX, HCA, HES, LRCX, TSN, TWTR, WYNN, X, YNDX, CMG, BIIB, ISRG, SWI, UA, VRSN, AAPL, APD, CA, CHKP, CMCSA, CTXS, DAL, DECK, DOW, FFIV, FB, FTI, GD, LXK, LMT, NBR, NDAQ, NOK, OSTK, ORLY, PETS, RHI, STLD, SWK, TSCO, TXN, WHR, XRX, ZION, BX, C, GOOGL, GS, HON, INTC, KSU, JPM, PM, SCSS, SWKS, URI, AA, STZ, APOL, BKS, KBH, MON, MU, NKE, SCHN,

More than 10% - TWTR, CMG, BIDU, BIIB, ISRG, LNKD, OSTK, SWI, SFUN, SSYS, SUNE, UA, VRSN, X

Negative Reactions – ADSK, CREE, GOGO, JDSU, JWN, M, RAX, SCTY, YELP, CTSH, MYL, AEM, AET, AKAM,  BWLD, BZH, CL, CMI, COP, DDD, ESI, GLW, GRMN, HLF, JEC, KRFT, LNG, MTW, RYL, SLCA, UPL, UPS, VRTX, XOM, ALK, ALXN, AMZN, ANGI, ATI, BA, CAT, CELG, DHI, DNKN, EA, ETFC, FCX, GM, HOG, ILMN, JNPR, KLAC, KMB, KO, LLTC, MCD, NFLX, P, PHM, QCOM, SBUX, STI, STO, T, TPX, TRIP, TRV, UTX, V, XLNX, AMD, BAC, BHI, JCI, JNJ, LVS, MAT, SLB, SNDK, STX, USB, YHOO, FAST, FDO, CAMP, BBBY, GIS, CCL, WAG,

More than -10% - AMD, ANGI, BWLD, CAMP, DHI, HLF, MXIM, P, SNDK, XLNX,

Reversal in progress – AET, AKAM, ALXN, AMZN, ATI, EA, GIS, GRMN, ILMN, KO, KRFT, LNG, P, RYL, STX, TPX, VRTX,

Reversal of Initial Reaction – BBBY, BZH, BBBY, CELG, DNKN, ETFC, KLAC, NFLX, RAX, SLCA, UPL, YELP, YHOO, APOL, KBH, MON,


The SPY Market Forecast green line is pointed UP at 49.

____________________

Setups
Horizontal Breakout: AAPL, CELG, CTXS, EXPE, FB, INTC, MSFT, MU, SNDK, EMC, FSLR, JCP, JD, P, PANW, QIHU, RCL, SINA, SUNE, SWKS, TSL, VRSN, YELP, YAHOO
Diagonal Breakout: AA, BX, KNDI, SCHW, SOHU, SWI, UA,
Bull Flag:  CTRP, MFRM, SCSS, SCTY, SFUN, SSYS, UBNT, EBAY, PCLN,
Potential Bullish Divergence: FEYE,
Gap Up:
Gap Down:
Bear Flag: SPWR,  
At Support: FEYE,  
C- Pattern: SPY, AAL, ATI, BBRY, BBY, FAS, IBM, IWM, SPWR, GOOG, GRMN, ILMN, TRIP,

Moves
New Highs: CAR, CSIQ, GTAT, LNKD, TLT, ESRX, GILD, MAR, NTAP, TSLA,
H Breakout: NTES, NFLX,
D Breakout: DAL, UAL,
Bull Flag Bounce: Z, WDC,
Gap Up: MNST, SINA,
Gap Down:
Bounce: LOCO,
MACD Divergence Bounce: GOGO,
C- Pattern: AKAM, AMZN, STX, TXN, AIG,
Support Break: GME,  

______________________

59 of 100 NDX stocks closed higher and one was unchanged on Friday.


Leading NDX 100 stocks included: MNST, AMAT, GILD, NFLX, DISCA, BIIB, MU, ALXN, KLAC, CELG

Lagging NDX stocks included: ADSK, FAST, EXPD, ORLY, TSCO, PCLN, BBBY, FB, ROST, SPLS

Leading stocks > +2% on Friday included: GOGO, GTAT, LOCO, Z, CSIQ, TSL, YELP

Lagging stocks < -2.0% included: GME, FEYE, YOKU, JCP


Stocks to Watch on Monday
Holding Above 30 DMA= 62
CHRW, BIDU, INTC, WDC, SYMC, GILD, SBAC, NTAP, EBAY, COST, FB, BBBY, CERN, EXPE, REGN, AMGN, CTXS, FFIV, PCLN, ISRG, YHOO, SPLS, ESRX, DLTR, TSLA, FOXA, MSFT, NFLX, ADP, CTRX, DISCA, MNST, NVDA, ROST, WFM, AAPL, ATVI, CHKP, INTU, MAR, PAYX, BIIB, EQIX, ALXN, CELG, FISV, SIAL, SIRI, VRSK, AKAM, AMZN, AVGO, CMCSA, DISH, HSIC, KLAC, LBTYA, LMCA, ORLY, SRCL, STX, VIP

Moving Above 30 DMA = 4
ALTR, AMAT, BRCM, TXN

Moving Below 30 DMA = 2
ADSK, TSCO                                                                                       

Staying Below 30 DMA
CTSH, WYNN, CA, DTV, CHTR, CSCO, GOOG, SBUX, VOD, VRTX, ADBE, MDLZ, EXPD, PCAR, MU, MYL, LINTA, ILMN, QCOM, TRIP, GMCR, KRFT, LLTC, NXPI, VIAB, XLNX, SNDK, MAT, ADI, GRMN, FAST, MXIM,

Sixteen Week Intermediate Term Market Trend: Up
3-Day Short Term Market Trend: Up



Thursday, August 14, 2014

Stocks Continue To Gain Traction...Many Stocks At Horizontal Resistance Or Diagonal Resistance Level...In After Hours Trading MNST Soars Up 22.33% While JCP Rises 3.18%...

Seven of nine sectors moved higher on Thursday…XLV, XLU and XLY were the strongest sectors…XLE was the weakest sector.

Breadth weakened as advancers led decliners 2.10 to 1 on the NYSE and 1.31 to 1 on the NASDAQ.

Thursday – weakened, advancers led
Wednesday – strengthened, advancers led
Tuesday – weakened, decliners led
Monday – strengthened, advancers led
Friday – strengthened, advancers led


SPY up .92 at 195.76 on 57.3 million shares, below average volume
VIX down .48 at 12.42…
TNX down .13 at 24.00…
TLT up .93 at 116.44...
XLF up .14 at 22.69 on 21.9 million shares, below average volume

AAPL up .26 at 97.50 on 28 million shares
FB up .53 at 74.30…on 22.1 million shares


Technical Commentary:
QQQ + 0.52%, SPY + 0.47%, DIA + 0.37%, IWM +0.15%.


Traders continue to follow your entry rules, now.

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.


Short-term up trend Chart Targets:
SPY = 194.30, 195.78, 196.62, 198.05...
QQQ = 96.31, 97.52, 98.28
IWM = 112.23, 114.31...

Support Levels
SPY = 191.57, 189.51...
QQQ = 93.57, 91.73, 90.44…
IWM = 110.15, 108.86...

Earnings season is winding down while the ramp up for retail earnings begins. 

This week:  PCLN, GOGO, CSIQ, JDSU, CREE, RAX, VJET, XONE, SINA, NTES, ADSK, NTAP, JCP, JD

Q2 Earnings Reactions
Positive Reactions – CSIQ, PCLN, NVDA, MNST, ANR, FSLR, GTAT, LNKD, SFUN, SSYS, SUNE, UBNT, YOKU, AKS, AMGN, CHRW, ESRX, HCA, HES, LRCX, TSN, TWTR, WYNN, X, YNDX, CMG, BIIB, ISRG, SWI, UA, VRSN, AAPL, APD, CA, CHKP, CMCSA, CTXS, DAL, DECK, DOW, FFIV, FB, FTI, GD, LXK, LMT, NBR, NDAQ, NOK, OSTK, ORLY, PETS, RHI, STLD, SWK, TSCO, TXN, WHR, XRX, ZION, BX, C, GOOGL, GS, HON, INTC, KSU, JPM, PM, SCSS, SWKS, URI, AA, STZ, APOL, BKS, KBH, MON, MU, NKE, SCHN,

More than 10% - TWTR, CMG, BIDU, BIIB, ISRG, LNKD, OSTK, SWI, SFUN, SSYS, SUNE, UA, VRSN, X

Negative Reactions – CREE, GOGO, JDSU, RAX, SCTY, YELP, CTSH, MYL, AEM, AET, AKAM,  BWLD, BZH, CL, CMI, COP, DDD, ESI, GLW, GRMN, HLF, JEC, KRFT, LNG, MTW, RYL, SLCA, UPL, UPS, VRTX, XOM, ALK, ALXN, AMZN, ANGI, ATI, BA, CAT, CELG, DHI, DNKN, EA, ETFC, FCX, GM, HOG, ILMN, JNPR, KLAC, KMB, KO, LLTC, MCD, NFLX, P, PHM, QCOM, SBUX, STI, STO, T, TPX, TRIP, TRV, UTX, V, XLNX, AMD, BAC, BHI, JCI, JNJ, LVS, MAT, SLB, SNDK, STX, USB, YHOO, FAST, FDO, CAMP, BBBY, GIS, CCL, WAG,

More than -10% - AMD, ANGI, BWLD, CAMP, DHI, HLF, MXIM, P, SNDK, XLNX,


Reversal in progress – GIS, WAG,


Reversal of Initial Reaction – BBBY, YHOO, APOL, KBH, MON,


The SPY Market Forecast green line is pointed UP at 43.

____________________


Setups
Horizontal Breakout: SPY, AAL, BBRY, EMC, ETFC, GME, JCP, NKE, NTES, P, RCL, SUNE, SWKS, VRSN, YELP, RAX, AAPL, ADSK, CELG, CTXS, EXPE, INTC, MNST, NFLX, YHOO,
Diagonal Breakout: AA, AIG, DAL, BAC, AKAM, COST, GRMN, MU, STX,
Bull Flag:  CTRP, SCSS, SCTY, SFUN, SSYS, FFIV, PCLN,
Potential Bullish Divergence:
Gap Down:
At Support:  ANGI, CIEN, JNPR, VJET, SBUX,
C- Pattern:  

Moves
New Highs: MAR,
H Breakout: CSIQ, HPQ, TLT, ESRX, GILD, MAR, NTAP, XLNX,
D Breakout: UAL,  
Bull Flag Bounce: ROST,
Gap Up: AVGO,
Gap Down:
Bounce: CRM, MYL,
MACD Divergence Bounce: GOGO, ZION,
C- Pattern:  
Support Break: XONE,   


______________________

79 of 100 NDX stocks closed higher on Thursday.


Leading NDX 100 stocks included: NTAP, LMCA, AMGN, ALXN, AVGO, GILD, AMZN, LBTYA, ORLY, DISH

Lagging NDX stocks included: CSCO, NVDA, MU, CERN, SBUX, PCLN, VOD, INTC, CHRW, FFIV

Leading stocks > +2% on Thursday included: CSIQ, JCP, UAL, AAL, GPRO, DAL, TWTR, X

Lagging stocks < -2.0% included: LOCO, SSYS, FEYE


Stocks to Watch on Friday
Holding Above 30 DMA= 50
CHRW, BIDU, INTC, WDC, SYMC, GILD, SBAC, NTAP, EBAY, COST, FB, BBBY, CERN, EXPE, REGN, AMGN, CTXS, FFIV, PCLN, ISRG, YHOO, SPLS, ESRX, DLTR, TSLA, FOXA, MSFT, NFLX, ADP, CTRX, DISCA, MNST, NVDA, ROST, WFM, AAPL, ATVI, CHKP, INTU, MAR, PAYX, BIIB, EQIX, ADSK, ALXN, CELG, FISV, SIAL, SIRI, VRSK

Moving Above 30 DMA = 14
AKAM, AMZN, AVGO, CMCSA, DISH, HSIC, KLAC, LBTYA, LMCA, ORLY, SRCL, STX, TSCO, VIP

Moving Below 30 DMA = 0
                                                                                          

Staying Below 30 DMA
CTSH, WYNN, BRCM, CA, DTV, CHTR, CSCO, GOOG, SBUX, VOD, VRTX, ADBE, MDLZ, EXPD, PCAR, MU, MYL, LINTA, ILMN, QCOM, TRIP, ALTR, GMCR, KRFT, LLTC, NXPI, TXN, VIAB, XLNX, AMAT, SNDK, MAT, ADI, GRMN, FAST, MXIM,

Sixteen Week Intermediate Term Market Trend: Up
3-Day Short Term Market Trend: Up