Indices Move Higher

DJIA + 38.47, +0.48% SP500 + 4.62, +0.56% NASDAQ Comp. + 12.17, +0.82% Russell 2000 + 5.70, +1.28% Exchange NYSE NASD Advancing 2,483 1,725 Declining 1,312 1,056 Oil $45.73 -$0.74 Gold $908.80 +$13.00 SOX 209.89 +1.61 VIX 45.69 -1.58 The VIX moved down confirming the rise in the SPX on Mondday. Strongest Sectors: XLU +2.40%...XLE +1.85%...XLK +1.21% Weakest Sectors: XLF -1.78%...XLB -1.18%...XLV -0.54% Sector Watch Up Trending: Sideways: XLE, XLP, XLU, XLY, XLV, XLI, XLB, XLK Down Trending: XLF Indices formed a higher high and higher low on Monday before closing below the day’s high. Prices held above support and moved slightly higher on the day. Utility, Energy and Technology sectors moved higher. AAPL gave 3 Green Arrows. Index Commentary The DJIA formed a spinning top that confirmed Friday’s hammer by just 8 Dow points…intra-day break above the high of the low day. The SPX formed an inverted hammer that confirmed Friday’s hammer by 5 SPX points. The Nasdaq formed an inverted hammer that confirmed Friday’s bullish harami by 12 Nasdaq points. The RUT formed an inverted hammer that confirmed Friday’s white spinning top by 6 RUT points. Earnings Monday, Jan 26: ACV +0.41 beat +0.34 estimates BOH +0.82 below +0.87 est. CAT +1.08 below +1.21 est. FCX +0.06 beat -1.12 est. HAL +0.87 beat +0.73 est. KMB +1.01 below +1.03 est. MCD +0.87 beat +0.83 est. DGX +0.87 beat +0.80 est. AXP +0.21 below +0.22 est. AMGN +1.06 below +1.07 est. CNW +0.10 beat -0.03 est. JEC +0.90 beat +0.89 est. NFLX +0.38 beat +0.34 est. QLGC +0.34 beat +0.29 est. STLD -0.45 below -0.33 est. TXN +0.21 beat +0.12 est. VMW +0.36 beat +0.26 est. ZION -0.32 below -0.30 est. Tuesday, Jan 28: BMO - AKS, BMY, CHKP, DAL, DD, EMC, ENR, HSY, KCI, LXK, NUE, BTU, STJ, TRV, X AMC – ALTR, AMLN, BBOX, CHRW, DV, ETFC, GILD, JBHT, MOLX, NSC, STM, SYK, JAVA, WBSN, YHOO Wednesday, Jan 29 BMO – T, BHI, BDX, BA, COP, GLW, GD, HES, LM, PM, PJC, PX, USG, WLP, WFC AMC – ARG, ALL, CTXS, KEX, LRCX, MTW, OI, QCOM, SBUX, WDC Thursday, Jan 30 BMO – MMM, ALK, BUD, AZN, BDK, CELG, CHTT, CL, CNX, CAL, EK, LLY, F, HP, JBLU, LLL, ERIC, OXY, RTN, TROW, UA, LCC AMC – AMZN, BRCM, BCR, CA, DRIV, JNPR, KLAC, MXIM, MCHP, VAR Friday, Jan 31 BMO – AME, ACI CVX, XOM, HON, IVZ, KLIC, FSTR, PCAR, PG Stocks to Watch on Tuesday Leading Stocks: Holding Above 30 DMA JOSB…BCO…ROST…ESI…JW.A…MYGN…AMED…BCR…MON…RIMM…SYNA…BLUD…AME…APH…DLTR…DV…STRA…AYE…K…PCP…AET…GES…GME…HP…IIVI…NE…RIO…SWN…URBN…POT…ATW…CAM…CTSH…LAYN…MOS…NIHD…NOV…RIG Moving Above 30 DMA = 6 AAPL…BIIB…GIS…JCOM…RTN…WCG Moving Below 30 DMA = 3 CCC…CHTT…DNA Staying Below 30 DMA AGN, ATK, GILD, ICLR, TEVA, CERN, FLIR, HLF, MTD, QSII, CIR, JEC, KEX, OSIP, PCLN, PCR, PETS, SHW, SPN, TECH, UTX, VAR, BAP, NGS, ACL, AMZN, BYI, CL, FLS, FWLT, HDB, LNN, OI, ADBE, AMX, CBST, DECK, FLR, MBT, SNA, VMI, WMS, AFAM, EPR, FSTR, HAS, LFC, MMM, MTW, NEU, RCI, SOHU, VIP, MCRS, NDAQ, ANSS, CHU, EXPW, NILE, PSSI, PSYS, VIVO, WAB, CELG, ENDP, IRIS, ISRG, SPTN, ESRX, PPD, PRGO, SINA, AXYS Monday’s Action Moving Up: PNRA, FSLR, POT, MOS, MEE, HANS, DRYS Moving Down: STRA, MA, NUE, V, AFAM, PCLN, AEM, X, SCHN, ZION, ONXX, GS Intermediate Term Market Trend: Neutral – DJIA, SPX, Nasdaq, RUT Short Term Market Trend: Neutral