MA, V, Semiconductors Lead Market Higher

DJIA + 106.41, +1.34% SP500 + 13.62, +1.64% NASDAQ Comp. + 31.19, +2.06% Russell 2000 + 6.60, +1.47% Exchange NYSE NASD Advancing 2,432 1,787 Declining 1,306 950 Oil $41.17 +$0.85 Gold $913.60 +$12.00 SOX 221.31 +8.56 VIX 43.73 -0.27 The VIX moved down confirming the move up in the SPX on Tuesday. Strongest Sectors: XLB +2.66%...XLE +2.45%...XLY +1.87% Weakest Sectors: XLU +0.71%...XLV +0.85%...XLI +1.18% Sector Watch Up Trending: Sideways: XLE, XLP, XLU, XLY, XLV, XLI, XLB, XLK Down Trending: XLF Big moves on Thursday led by MA, V and semiconductor stocks propelled this market higher. Rail, coal and gold stocks were also rose. All nine sector ETFs closed higher led by XLF and XLE. AKAM jumped 18% after beating earnings expectations after the close on Wednesday. AMZN regained Wednesday loss as it bounces in its earnings flag pattern. . Index Commentary The DJIA, SPX and RUT bounced off support forming white spinning tops The Nasdaq formed a bullish engulfing pattern as it closed above its 20, 30 and 50 DMA. Stock Commentary Rail stocks BNI, CSX, UNP, NSC moved higher forming white candles Steel stocks STLD, NUE, SCHN, X moved forming white candles Semiconductor stocks XLNX, ALTR, NSM, LLTC, TXN formed large white candles MRVL moved up 40 cents as it broke out of horizontal resistance…new high close NVLS closed down 5 cents Coal stocks KOL, BTU, JRCC CNX, FCL, MEE, WLT moved higher forming white candles Earnings Thursday, Feb 5 Symbol Earnings Estimate ANR -0.07 below +0.22 CAH +0.93 beat +0.90 CI +0.49 beat +0.41 DO +2.11 below +2.34 EL +0.80 beat +0.77 FLIR +0.41 beat +0.38 K +0.53 beat +0.50 MA +1.87 beat +1.61 MCO +0.37 beat +0.28 NCR +0.58 beat +0.54 COHU -0.17 below -0.16 HIG -0.72 below +1.30 MCRS +0.37 beat +0.35 PNSN +-0.43 below +0.26 SRCL +0.45 inline +0.45 VRSN +0.28 below +029 Numbers exclude non-recurring items Fri Feb 6 BMO – BIIB Stocks to Watch on Friday Leading Stocks: Holding Above 30 DMA NFLX, BDX, ESI, JW.A, MYGN, CLB, RIMM, SYNA, BLUD, APEI, HANS, STRA, WRC, GMCR, PCP, GES, GME, MHS, SWN, MOS, PWR, TDG, AAPL, BIIB, GPRO, GXDX, JCOM, WCG, VAR, BIDU, GILD, RCI, VPRT, FLS, ESRX, SLGN, ATW, CPLA, CTSH, FSLR, PCLN, RBN Moving Above 30 DMA = 7 AMED, CHL, CSCO, DLB, ORCL, PCR, PSYS, Moving Below 30 DMA = 1 HLF Staying Below 30 DMA DLTR, DV, K, PPD, CAM, BKC, JOSB, BYI, MUR, WMS, JEC, PETS, NTLS, BAP, HDB, AMX, CBST, DECK, AFAM, EZPW, WAB, ALGT, ICE, SPTN, PRGO, AXYS Thursday’s Action Moving Up: MA, POT, FSLR, GS, V, MON, STRA, AEM, CLF, ANR, MOS, AGU, NDAQ, BTU, X, SOHU, CF, CNX, NUE, ESRX, MS, PCLN, ADM, AFAM, BRCM, SINA, MEE, SCHN Moving Down: DRYS Intermediate Term Market Trend: Neutral – DJIA, SPX, Nasdaq, RUT Short Term Market Trend: Up