Stocks End The Day Down...S&P 500 Flat For The Year...

Two of nine sectors moved higher on Thursday…XLE, XLU and XLP were the strongest sectors…XLF was the weakest sector.    

Breadth strengthened as advancers decliners 1.15 to 1 on the NYSE and 1.55 to 1 on the NASDAQ where decliners led advancers.

Thursday - mixed

Wednesday – weakened, decliners led

Tuesday – strengthened, advancers led

Monday – weakened, decliners led

Friday – mixed, mixed

Thursday – strengthened, mixed

SPY down .39 at 184.58 on 141.4 million shares, above average volume

VIX down .31 at 14.62…

TNX down .29 at 26.72…

TLT up .55 at 109.99...

XLF down .12 at 22.02 on 65.7 million shares

AAPL down 2.32 at 537.46 on 7.8 million shares

FB up .58 at 60.97…on 112.4 million shares, above average volume

Technical Commentary: 

DIA – 0.03%, SPY – 0.21%, IWM – 0.25%, QQQ – 0.56%.

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

Short-term up trend Chart Targets:

SPY = 187.15, 189.25, 190.55…

QQQ = 90.96, 92.25, 93.05…

IWM = 118.71, 120.64, 121.84…

Support Levels

SPY = 184.44, 183.75, 182.60

QQQ = 88.87, 87.35, 86.49

IWM = 116.19, 115.58

Q4 Earnings Reactions

Positive Reactions – KKD, MFRM, KKD, BIG, FL, JOY, DRYS, TSL, DDD, MNST, ROST, YOKU, CRM, SHLD, ANF, TGT, DLTR, LOW, HD, M, SCTY, ZU, PCLN, DISH, INTU, AEE, MDRX, ALEX, DTV, TSLA, GRMN, SWY, KRFT, AMAT, CTRP, NVDA, SPWR, TRIP, REGN, CBOE, MCO, ATVI, AKAM, EXPE, GMCR, NXPI, ONNN, ORLY, SCSS, SWI, TWX, DIS, YELP, AGNC, KORS, KEYW, IDXX, XYL, YUM, NOV, SPG, TSN, ZNGA, ALXN, BRCM, BX, CMG, GOOG, JDSU, MTW, PHM, RYL, UA, VIAB, V, BA, DOW, FB, LVS, QCOM, VLO, AKS, AAL, CHKP, EA, F, ILMN, LXK, CAT, RCL, JNPR, MSFT, KMB, PG, MXIM, SBUX, NFLX, FFIV, URI, UNP, EBAY, MCD, CREE, TXN, UTX, NUAN, XLNX, BHI, DAL, RF, MS, SLB, STI, AXP, SWKS, BAC, LLTC, WEN, MON, MU, STZ, APOL

Negative Reactions – GOGO, CIEN, COST, CSIQ, HOV, MCP, SSYS, ADSK, CRM, FSLR, SINA, ESRX, GRPN, YNDX, KO, A, GNC, WTW, VFC, WFM, ANGI, CSCO, DISCA, NTAP, RAX, CI, LNKD, TPX, VRSN, ADP, CTSH, HUM, MDC, P, TSO, TWTR, ADM, BWLD, CERN, CHRW, DDD, SFLY, GILD, CVX, MA, MAT, PCAR, AMZN, MMM, CELG, CL, XOM, ESI, HOG, OSTK, POT, SHW, WHR, BA, CTXS, EMC, TSCO, CRUS, GLW, DD, F, VMW, YHOO, AAPL, STX, ZION, HON, KSU, SWK, STT, ALTR, ISRG, KLAC, KEY, JCI, LMT, WDC, ABT, BAX, ATI, COH, FCX, AMD, IBM, HAL, JNJ, TRV, VZ, GE, COF, INTC, UNH, C, GS, CSX, FAST, AA, FDO, BBBY, SCHN (104)

Reversal in progress –ADSK, A, CSX, CVX, GS, COF, GOGO, JNJ, IBM, JCI, KO, LNKD, MA, RAX, STX, WFM (16, 16%)

Reversal of Initial Reaction – FSLR, AA, AAPL, ABT, ADP, ADM, ALTR, ATI, BAX, BWLD, DISCA, CELG, CERN, CL, CSCO, CTSH, CTXS, CRUS, DD, DDD, EMC, ESRX, FAST, FDO, FSLR, GILD, GLW, HAL, HOG, HON, HUM, ISRG, KEY, KLAC, LMT, MDC, MMM, P, PCAR, POT, SFLY, SHW, SINA, SWK, TPX, TSCO, TSO, UNH, VZ,  VFC, VMW, VRSN, WDC, WHR,  XOM, YHOO, ZION (58, 55%)

The Market Forecast is at 64.

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Setups

H Breakout:   

Diagonal Breakout: VRSN,  

Bull Flag: MSFT, XLNX, FAS, FSLR, JDSU, SWKS,  

One Day:  

Potential Bullish Divergence: 

Gap Up: 

Gap Down:     

Bear Flag: 

At Support: COST, GOGO, SWI, UAL, V, RAX,

C- Pattern:

Moves

New Highs:  

Gap Up:  

Gap Down: C, GME,  

H Breakout: TLT,   

Diagonal Breakout: UNG,   

Breakout Test:

Bull Flag Bounce:  

Bounce: PANW, RCL, TWTR, XONE,   

MACD Divergence Bounce: FFIV, BX, SPWR, DDD,   

Bear Flag: 

Support Break: AMZN, BIDU, CMCSA, WFM, AAL, BBRY, CREE, ESI, SPY, TPX,  

______________________

32 of 100 NDX stocks closed higher on Thursday.

Leading NDX 100 stocks included: SBAC, SYMC, ILMN, AMGN

Lagging NDX stocks included: DTV, CTSH, TRIP, BRCM, TSLA, MU

Leading stocks > +2% on Thursday included: UBNT, PANW, TWTR, XONE, UNG, DDD

Lagging stocks < -2.0% included: C, CREE, GME, ESI, ETFC, Z, SWI, AAL, GOGO, YOKU, RAX, YNDX

Stocks to Watch on Friday

Holding Above 30 DMA= 25

AVGO, PCAR, ATVI, MSFT, XLNX, MAR, AMAT, KLAC, TXN, GRMN, LLTC, KRFT, FAST, MAT, BRCM, INTC, QCOM, SNDK, STX, ADI, WDC, AAPL, CSCO, NXPI, DISH

Moving Above 30 DMA = 3

PAYX, ROST, MDLZ

Moving Below 30 DMA = 4

ALTR, DTV, MXIM, TSCO

Staying Below 30 DMA

BBBY, CTXS, INTU, NVDA, SBUX, DISCA, ADP, AKAM, EBAY, ESRX, FFIV, FISV, LINTA, MYL, SIAL, WFM, VIAB, LMCA, TSLA, TRIP, ADBE, AMGN, AMZN, BIIB, CHKP, DLTR,HSIC, ISRG, SYMC, GMCR, ALXN, CERN, YHOO, FB, REGN, FOXA, CTSH, EXPE, GOOG, PCLN, WYNN, LBTYA, SBAC, COST, BIDU, MNST, MU, ORLY, SRCL, EQIX, NFLX, ILMN, CA, VRSK, ADSK, VOD, CELG, GILD, SPLS, VRTX, SIRI, CTRX,CMCSA,NTAP, CHTR, CHRW, EXPD, VIP

Sixteen Week Intermediate Term Market Trend: Up

3-Day Short Term Market Trend: Down