Tuesday, January 27, 2015

Stock Futures Plunge...After Earnings CAT...PG...DD...Miss...All Down...MSFT Slides...Durable Good Orders Down 3.4%...Investors Eye Weaker Than Expected Orders As Sign Economy Is Slowing...EURO Bounces Nicely Against The Dollar...

BMO – ES – 25.00…and NQ – 62.00…stock futures point to a LOWER open in pre-market…

SPY is down 2.17…

XLF is
Euro is up 107 pips…
TLT is up 1.14…


Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

Monday, January 26, 2015

Stocks Gain...Numerous Stocks At A Horizontal Or Diagonal Break Setup...Making New Highs...GLW, SWKS, UAL, ILMN...WYNN Has A WIN...WYNN Up 6.73%...GOGO Is Going...GOGO Up 7.84%...

Six of nine sectors moved higher on Monday and one was unchanged…XLE, XLV and XLY were the strongest sectors and XLK was the weakest.
 
Breadth was strengthened as advancers led decliners 2.23 to 1 on the NYSE and 1.81 to 1 on the NASDAQ.

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


SPY up .48 at 205.45 on 91.8 million shares, below average volume
VIX down 1.14 at 15.52…
TNX up .11 at 18.28…
TLT down .41 at 134.36...
XLF up .12 at 23.89 on 22.4 million shares

AAPL up .12 at 113.10 on 55.5 million shares
FB down .33 at 77.50…on 19.2 million shares

Technical Commentary:
QQQ – 0.12%, DIA + 0.05%, SPY + 0.23%, IWM + 0.97%.


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 Chart Targets:
SPY = 205.10, 206.42, 208.97...
QQQ = 105.26
IWM = 117.89, 118.72, 121.41…

Support Levels
SPY = 204.02, 202.33, 201.50...
QQQ = 103.72, 102.59, 101.35
IWM = 116.57, 115.10, 114.20...

Earnings this week:
Monday:  MSFT, STX, TXN, ZION
Tuesday:  AAL, AAPL, AMGN, EA, ILMN, WDC, YHOO, FSL, GLW, JNPR, X,
Wednesday: BIIB, FB, LRCX, QCOM, TSCO, VRTX, CAVM
Thursday:  ALXN, AMZN, BRCM, CELG, CHKP, MAT, VIAB, WYNN, MCHP, BABA, BX, HOG, JDSU, RCL, SWI,
Friday:  PCAR

Q4 Earnings Reaction
Positive Reactions – NFLX, ALK, BHI, CREE, DAL, EBAY, ETFC, GE, HON, KMB, LUV, MXIM, SBUX, SWKS, TRV, UAL, UNH, UNP, SNX, LLTC, TSM

More than 10% - NFLX

Negative Reactions – AXP, ALTR, FFIV, IBM, ISRG, JNJ, KLAC, KSU, MCD, STT, XLNX, AA, BAC, C, JPM, KBH, WFC,

More than -10% - FFIV, KBH,

Reversal in progress – BAC, C, IBM, JNJ, JPM, 

Reversal of Initial Reaction – WFC


The SPX Market Forecast is pointed up at 60.

___________________

Setups
Horizontal Breakout: FEYE, IWM, JD, NKE, PANW, TWTR, YELP, QIHU, AAPL, GILD, MAR,   
Diagonal Breakout: AA, AMBA, BABA, EXPE, JASO, SCTY, SPLK, SUNE, SWI, KNDI,
Bull Flag: RCL
At Support: CAR

Moves
New Highs: GLW, SWKS, UAL, ILMN,         
H Breakout: CREE, GME, KKD, UA, WYNN,
D Breakout: CRM, GOGO, JDSU, MBLY, FSLR, SSYS, MYL 
Bounce: ATI, CSIQ, TSL, LVS,    
MACD Divergence Bounce: LD,  
Gap Up: GRMN,       
Gap Down: STX, WDC
Support Break: UBNT,

______________________


55 out of 100 NDX stocks closed higher on Monday.


Leading NDX 100 stocks included: WYNN, MYL, LMCA, TSLA, TSCO, SIRI, GRMN, ILMN, EXPD, NFLX, BBBY, GILD, BIIB

Lagging NDX stocks included: STX, MAT, WDC, VIP, DLTR, ADBE, INTC, BIDU, NTAP, NXPI, EBAY

Leading stocks > +2% on Monday: GOGO, LC, SOHU, TSL, MTW, JASO, SCTY, X, SUNE, CSIQ, ATI, CREE, VSLR, SPWR

Lagging stocks < -2.0% included: UBNT, GPRO, HPQ, UNG, MFRM, LNKD, DGLY


Stocks to Watch on Tuesday
Holding Above 30 DMA = 59
WFM, SIAL, CHKP, KRFT, MNST, SRCL, AVGO, HSIC, CTSH, FISV, NXPI, PAYX, SIRI, CELG, ADP, ATVI, BIIB, CERN, CSCO, CTRX, EA, GILD, NFLX, VOD, VRTX, AAL, ILMN, LLTC, REGN, TXN, BBBY, BIDU, DISH, GOOG, LMCA, LRCX, LVNTA, NVDA, SBAC, SBUX, AAPL, ADBE, AMZN, CHRW, DLTR, EBAY, EQIX, ESRX, EXPD, GRMN, MAR, MSFT, ROST, SYMC, TSCO, VRSK, CA, COST, ORLY

Moving Above 30 DMA = 5
CMCSA, DTV, MYL, WYNN, YHOO       

Moving Below 30 DMA = 1
FB                           

Staying Below 30 DMA

AMAT, FAST, GMCR, INTC, ISRG, KLAC, MDLZ, BRCM, VIP, SPLS, WDC, QCOM, STX, TRIP, ADI, AKAM, CHTR, DISCA, FOXA, LBTYA, PCAR, PCLN, VIAB, ADSK, MAT, MU,  ALTR, CTXS, INTU, NTAP, SNDK, AMGN, XLNX, ALXN, TSLA

6-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up

Stocks Look To Open In The Positive...EURO Bounces As Dollar Weakens...

BMO – ES + 1.25…and NQ + 7.00…stock futures point to a HIGHER open in pre-market…

SPY is up .03…

XLF is
Euro is up 63 pips…
TLT is down .27…

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

Quoting Up: GRMN, CMCSA, ILMN, YHOO, BIIB, AAPL, WYNN, MSFT, AMAT, CHKP, BRCM, LC, SCHW, JCP, IBM, BABA, SWI, MBLY


Quoting Down: CA, STX, TRIP, COST, WDC, ADP, SYMC, ETFC, DGLY, UNG

Friday, January 23, 2015

NDX Gains Led by SBUX...SPX Pulls back to Thursday's S1...ETFC leads SPX...

One of nine sectors moved higher on Friday…XLU, XLK and XLY were the strongest sectors and XLB was the weakest.
 
Breadth was weakened as decliners led advancers 1.23 to 1 on the NYSE and 1.25 to 1 on the NASDAQ.

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


SPY down 1.13 at 204.97 on 117.5 million shares
VIX up .26 at 16.66…
TNX down .79 at 18.17…
TLT up 1.85 at 134.77...
XLF down .26 at 23.77 on 27.6 million shares

AAPL up .58 at 112.98 on 46.4 million shares
FB up .18 at 77.82…on 16.7 million shares

Technical Commentary:
QQQ + 0.22%, IWM -0.07%, SPY -0.55%, DIA -0.85%.

The SPX produced its first weekly gain rising 32 points, 1.6% this week.  The SPX paused after a four day rally and pulled back to Thursday’s S1 level.  Through Friday’s close the SPX has risen for six days and fallen for nine days and is down -7 points or -0.34% YTD.  The SPX formed a bullish engulfing pattern on the weekly chart.

The NDX gained on Friday and is up 41 points or +0.98% YTD.  NDX gainers on Friday included SBUX, DLTR, NFLX, AVGO, ILMN and ALXN.

The SPX was led by gains in ETFC, SBUX, VLO, TSO, MPC, HON, URI, HAR, DLTR, NFLX, HAS and EXPE.

Friday’s RUT Movers:  PBYI, PCRX, MSCC, ABY.

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 Chart Targets:
SPY = 205.10, 206.42, 208.97...
QQQ = 105.26
IWM = 117.89, 118.72, 121.41…

Support Levels
SPY = 204.02, 202.33, 201.50...
QQQ = 103.72, 102.59, 101.35
IWM = 116.57, 115.10, 114.20...

Earnings this week:
Monday:  MSFT, STX, TXN, ZION
Tuesday:  AAL, AAPL, AMGN, EA, ILMN, WDC, YHOO, FSL, GLW, JNPR, X,
Wednesday: BIIB, FB, LRCX, QCOM, TSCO, VRTX, CAVM
Thursday:  ALXN, AMZN, BRCM, CELG, CHKP, MAT, VIAB, WYNN, MCHP, BABA, BX, HOG, JDSU, RCL, SWI,

Friday:  PCAR

Q4 Earnings Reaction
Positive Reactions – NFLX, ALK, BHI, CREE, DAL, EBAY, ETFC, GE, HON, KMB, LUV, MXIM, SBUX, SWKS, TRV, UAL, UNH, UNP, SNX, LLTC, TSM

More than 10% - NFLX

Negative Reactions – AXP, ALTR, FFIV, IBM, ISRG, JNJ, KLAC, KSU, MCD, STT, XLNX, AA, BAC, C, JPM, KBH, WFC,

More than -10% - FFIV, KBH,


Reversal in progress – BAC, C, IBM, JNJ, JPM,  


Reversal of Initial Reaction – WFC


The SPX Market Forecast is pointed up at 53.

___________________


Setups
Horizontal Breakout:  SPY, XLB, XLE, XLI, XLK, XLU, XLV, ADSK, CREE, CRM, ETFC, EXPE, FEYE, GME, GPRO, KKD, MFRM, RAX, STI, TWTR, Z

Moves
New Highs: BX, CREE, ETFC, GLW, LOCO, NTES, SCSS, SWKS, TLT, UAL
______________________


52 out of 100 NDX stocks closed higher on Friday.


Leading NDX 100 stocks included: SBUX, DLTR, NFLX, AVGO, ILMN, ALXN, SBAC, CA, CTXS, BIDU

Lagging NDX stocks included: KLAC, GMCR, ALTR, AMAT, TRIP, MDLZ, LMCA, ISRG, VRTX, MAT

Leading stocks > +2% on Friday: P, GPRO, ETFC, Z, RWLK, FEYE, QIHU, LNDK, GOGO, UNG, PANW, MBLY, JDSU, EXPE

Lagging stocks < -2.0% included: X, ATI, SFUN, AMBA, CAR, FAS, UPL, BAC, LC


Stocks to Watch on Monday
Holding Above 30 DMA = 57
WFM, SIAL, CHKP, KRFT, MNST, SRCL, AVGO, HSIC, CTSH, FISV, NXPI, PAYX, SIRI, CELG, ADP, ATVI, BIIB, CERN, CSCO, CTRX, EA, GILD, NFLX, VOD, VRTX, AAL, ILMN, LLTC, REGN, TXN, AMAT, BBBY, BIDU, DISH, GOOG, LMCA, LRCX, LVNTA, NVDA, SBAC, SBUX, AAPL, ADBE, AMZN, CHRW, DLTR, EBAY, EQIX, ESRX, EXPD,  FB, GRMN, MAR, MSFT, ROST, SYMC, TSCO, VRSK

Moving Above 30 DMA = 3
CA, COST, ORLY       

Moving Below 30 DMA = 9
AMAT, CMCSA, DTV, FAST, GMCR, INTC, ISRG, KLAC, MDLZ                           

Staying Below 30 DMA
BRCM, VIP, MYL, SPLS, WDC, QCOM, STX, TRIP, ADI, AKAM, CHTR, DISCA, FOXA, LBTYA, PCAR, PCLN, VIAB, ADSK, MAT, MU, ALTR, CTXS, INTU, YHOO, NTAP, SNDK, AMGN, XLNX, ALXN, TSLA, WYNN

6-month Intermediate Term Market Trend: Up
3-day Short Term Market Trend: Up

Stock Futures Slightly Lower Ahead Of Open...EURO Hits 11 Year Low After ECB Announces Asset Purchasing Program...

BMO – ES – 3.75…and NQ – 6.00…stock futures point to a LOWER open in pre-market…

SPY is down .18…

XLF isdown .04…
Euro is down 13 pips…
TLT is up 1.04…

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

Quoting Up: ETFC, UNG, GPRO, LNKD, TSL, Z, BBRY, CIEN, SPWR, FEYE, SBUX,

Quoting Down: X, AMBA, PANW, DGLY, SWKS, AA, CMGE, CRM, PAYX, GILD


Thursday, January 22, 2015

Rally...Rally...Rally...Stocks Have Big Gains...EURO Falls Against The Dollar To Multi-Year Lows After ECB Announcement Of A 60B A Month Bond Buying Program...Making New Record Highs...BX, DAL, RCL, SWKS, And UAL...

Eight of nine sectors moved higher on Thursday…XLF, XLY and XLK were the strongest sectors and XLU was the weakest.
 
Breadth was strengthened as advancers led decliners 3.70 to 1 on the NYSE and decliners led advancers 2.70 to 1 on the NASDAQ.

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


SPY up 2.98 at 206.06 on 173.4 million shares, above average volume
VIX down 2.45 at 16.40…
TNX up .43 at 18.96…
TLT down .01 at 133.40...
XLF up .55 at 24.00 on 79 million shares

AAPL up 2.80 at 112.35 on 53.7 million shares
FB up .87 at 77.61…on 19.4 million shares

Technical Commentary:
IWM + 2.04%, QQQ + 1.85%,SPY + 1.49%, DIA + 1.47%.

The SPX produced a volatile intraday move of up, down, up once again which followed the expected move by the ECB of a QE bond buying program of 60 billion Euros a month. 

The SPX was led by gains in AVP, LUV, KEY, EBAY, RF, CCI, JCI, UNP, NFLX, CMA, HCBK, BAC, AMZN, MTB and UA.


Thursday RUT Movers:  JNS, ALDR, WETF, JBLU, WBS, DLX, UBSI, HLS, UMBF, FNB, IGTE, BBRY, MW, LEAF, MBFI, FDML, SYNA, PVTB, UMPQ, WTFC, FMER, LQ, WAFD, TCB, WAL.  Eleven of the top 25 gainers were in the regional bank industry.
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 Chart Targets:
SPY = 203.91, 205.10, 208.97...
QQQ = 102.44, 103.11, 105.26
IWM = 117.89, 118.72, 121.41…
Support Levels
SPY = 198.85, 196.77...
QQQ = 99.62, 98.20
IWM = 114.36, 112.61...

Earnings this week:
Tuesday:  ATI, BHI, CREE, DAL, IBM, JNJ, MS, NFLX
Wednesday: AXP, EBAY, FFIV, GD, SNDK, URI, UNH, XLNX
Thursday:  ALK, ALTR, ETFC, ISRG, KLAC, MXIM, SWKS, LUV, SBUX, TRV, UNP, UAL, VZ
Friday:  GE, HON, KSU, KMB, MCD, ST

Q4 Earnings Reaction
Positive Reactions – NFLX, CREE, UNH, DAL, BHI, SNX, LLTC, TSM

More than 10% - NFLX

Negative Reactions – JNJ, IBM, AA, BAC, C, JPM, KBH, WFC,

More than -10% - KBH,

Reversal in progress

Reversal of Initial Reaction


The SPX Market Forecast is pointed up at 44.

___________________

Setups
Horizontal Breakout: CREE, GLW, MFRM, TWTR, TPX,   
Diagonal Breakout: AA, ATI, BABA, CIEN, CRM, ETFC, EXPE, FAS, IWM, KKD, MBLY, NKE, SPLK, FSLR, SINA, SSYS

Moves
New Highs: BX, DAL, RCL, SWKS, UAL,       
H Breakout: LOCO, YY,  
D Breakout: SPY, BBRY, HOG, LNKD, RAX, STI, UA   
Bounce: AIG, BAC, BBY, C, CAR, IBM, JCP, MS, SCHW, Z, ZION, YNDX,    
MACD Divergence Bounce: ANR

______________________


85 out of 100 NDX stocks closed higher on Thursday.


Leading NDX 100 stocks included: EBAY, NFLX, SBAC, AMZN, SYMC, DLTR, AAL, TSCO, DISH, HSIC

Lagging NDX stocks included: XLNX, BIIB, SNDK, WDC, VIP, CHKP, PCAR, BRCM, NXPI, MYL


Leading stocks > +2% on Thursday: ETFC, CREE, BBRY, FAS, UA, X, BAC, HPQ, C, STI, SCHW, UAL, ZION, TWTR, RAX, JCP, EMC


Lagging stocks < -2.0% included: DGLY, GPRO, LC, UNG, FEYE, PANW,


Stocks to Watch on Friday
Holding Above 30 DMA = 45
WFM, SIAL, CHKP, KRFT, MNST, SRCL, AVGO, HSIC, CTSH, FISV, NXPI, PAYX, SIRI, CELG, DTV, ADP, ATVI, BIIB, CERN, CSCO, CTRX, EA, GILD, NFLX, VOD, VRTX, AAL, ILMN, LLTC, REGN, TXN, AMAT, BBBY, BIDU, DISH, GMCR, GOOG, KLAC, LMCA, LRCX, LVNTA, MDLZ, NVDA, SBAC, SBUX

Moving Above 30 DMA = 21
AAPL, ADBE, AMZN, CHRW, CMCSA, DLTR, EBAY, EQIX, ESRX, EXPD, FAST, FB, GRMN, INTC, ISRG, MAR, MSFT, ROST, SYMC, TSCO, VRSK        

Moving Below 30 DMA = 2
BRCM, VIP                           

Staying Below 30 DMA
CA, MYL, SPLS, WDC, COST, QCOM, STX, TRIP, ORLY, ADI, AKAM, CHTR, DISCA, FOXA, LBTYA, PCAR, PCLN, VIAB, ADSK, MAT, MU, ALTR, CTXS, INTU, YHOO, NTAP, SNDK, AMGN, XLNX, ALXN, TSLA, WYNN

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

Stock Futures Gain As ECB Announces Intention To Buy 60B EUROS In Bonds Each Month...

BMO – ES + 13.00…and NQ + 21.50stock futures point to a HIGHER open in pre-market…

SPY is up 1.07

XLF is
Euro is down 14 pips…
TLT is down .92…


Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…