Stocks Inch Up On Tuesday

DJIA + 62.21, +0.69% SP500 + 7.25, +0.78% NASDAQ Comp. + 24.35, +1.50% Russell 2000 + 9.68, +1.92% Exchange NYSE NASD Advancing 2,961 2,049 Declining 869 792 Oil $48.58 -$0.23 Gold $865.40 +$8.20 SOX 234.56 +11.27 VIX 38.56 -0.52 The VIX moved down confirming the move up in the SPX on Tuesday. Strongest Sectors: XLK +2.32%...XLB +2.24%...XLI +2.20% Weakest Sectors: XLV -1.63%...XLP -1.48%...XLU -1.43% Sector Watch Up Trending: Sideways: XLE, XLP, XLU, XLY, XLV, XLI, XLB, XLK, XLF Down Trending: From day to day over the next several weeks we will be adding some very exciting and positive features to Chart Signals so stay tuned and check back regularly. Real-Time Virtual Trade Review Many of you are aware of the real-time virtual trades that we do in our webcasts. This week I will be reviewing these in greater detail. As of today's close this is the status of the following trades: (Click images to enlarge) Dec 10 - Buy Jan 70 calls 2.85, today's close 9.20 + 222% Dec 23 - Buy Jan 50 calls 1.50, today's close 4.90 +222%

Dec 24 Buy Jan 45 calls 7.70, today's close 12.47 +61%

Dec 30 Buy stock 6.62, today's close 7.64 + 15.4%

ProphetCharts

Index Commentary The DJIA formed a small spinning top that did not confirm Monday’s bearish harami…closed above its 20, 30 and 50 DMA. The SPX formed a small spinning top that did not confirm Monday’s bearish harami…closed above its 20, 30 and 50 DMA. The Nasdaq formed a small spinning top that was a new high close…its highest close since Nov. 5…closed above its Dec 9 resistance high and it 20, 30 and 50 DMA. The RUT formed small white candle that was a new high close…highest close since Nov. 4…closed above its Dec 19 resistance high and it 20, 30 and 50 DMA. Stocks to Watch on Wednesday Leading Stocks: Holding Above 30 DMA AYE…PCLN…BAP…FLR…JCOM…JEC…PCR…ATK…RTN…SNA…WMS…HAS…JOSB…AMZN…BIIB…BYI…HDB…LFC…PSSI…CERN…FWLT…MTW…QSII…VMI…OI…FLS…BCO…MOS…NDAQ…ROST…VIVO…AET…POT…UTX…APH…CAM…CCC…CIR…CL…DECK…EPR…ESI…GES…GILD…JW.A…MYGN…ACL…BLUD…DNA…HLF…OSIP…AGN…KEX…LAYN…RCI…NEU…PSYS…RIO…SHW…AMED…PETS…SOHU…BCR…CAM…FLIR…NGS…NOV…SPN…WAB…CTSH…FSTR…IIVI…K…MCRS…NIHD…PCP…SWN…AMX…HP…ADBE…AME…ANSS…ATW…CHU…GME…MBT…MON…NE…NILE…RIMM…AAPL…AFAM…EZPW…LNN…RIG…VIP Moving Above 30 DMA = 3 ICLR…MMM…SYNA Moving Below 30 DMA = 6 CBST…CELG…DLTR…ENDP…TECH…TEVA Staying Below 30 DMA GIS…PTNR…AXYS…URBN…MTD…SINA…PRGO…PPD…ESRX…STRA… CHTT…DV…IRIS…ISRG…SPTN Tuesday’s Action Moving Up: MA, V, PCLN, SCHN, ONXX, ANR, BTU, MS, NIHD, LAMR, CNX, POT, MEE, BRCM, CLF, AEM, ZION, MOS, AFAM, GDX, LCC Moving Down: STRA, FSLR, NUE, CF, SOHU, MON, ADM, GRMN, NDAQ Intermediate Term Market Trend: Neutral – DJIA, SPX, Nasdaq, RUT Short Term Market Trend: Up