Thursday, April 30, 2015

Another Down Day For Stocks...DJIA Turns Negative For The Year... Biotechs Lead Losses...LNKD Swings Lower In After Market Trading With Earnings Report & Poor Outlook...LNKD Down 21.27%...

None of nine sectors moved higher on Thursday…all went down with XLK being the strongest sector and XLE was the weakest.
 
Breadth weakened as decliners led advancers 3.38 to 1 on the NYSE and 3.29 to 1 on the NASDAQ.

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

SPY down 2.11 at 208.46 on160.7 million shares, above average volume
VIX up 1.16 at 14.55…
TNX up .11 at 20.46…
TLT up .22 at 125.95…
XLF down .19 at 24.13 on 34.7 million shares

AAPL down 3.49 at 125.15 on 83 million shares
FB down 1.70 at 78.77on 28.9 million shares


Technical Commentary:
IWM -2.12%, QQQ -1.57%, DIA -1.05%, SPY -1.00%.



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 = 210.33, 210.70, 211.40...
QQQ = 108.38, 109.17
IWM = 125.55, 127.13…

Support Levels
SPY = 207.01, 205.39...
QQQ = 105.55, 104.50…
IWM = 123.77, 122.90...


Earnings Week of April 6 – AA, BBBY, WBA, STZ
Earnings Week of April 13 – JNJ, JPM, FAST, WFC, INTC, BAC, CSX, DAL, LLTC, SNDK, NFLX, GS, C, AMD, AXP, CE, MAT, NOW
Earnings Week of April 20 – CHKP, HAL, HAS, MS, RCL, STI, IBM, LRCX, ZION, ARMH, ATI, BHI, DD, HOG, LMT, PCAR, TRV, UA, VZ, AMGN, BRCM, CMG, CREE, ILMN, ISRG, URI, UTX, YHOO, YUM, ABT, BA, EMC, KO, MCD, CTXS, EBAY, FB, FFIV, ORLY, QCOM, T, TSCO, TXN, XLNX, ABBV, ALXN, BAX, CAM, CAT, DHR, DOW, DPS, FCX, HP, HSY, LLY, LUV, MMM, MO, NDAQ, PEP, PG, SWK, UNP, ALTR, AMZN, ETFC, GOOGL, HBI, JNPR, KLAC, MSFT, SBUX, SRCL, SWN, AAL, BIIB, STT
Earnings Week of April 27AAPL, CHRW, AET, COH, F, GLW, PFE, UPS, VLO, AKAM, ESRX, VRSK, WDC, WHR, WYNN, GRMN, MDLZ, BIDU, MAR, NXPI, TRIP, VRTX, CAH, LLL, XOM, ADP, CELG, VIAB, AIG, CME, EXPE, FSLR, SWKS, V, GILD, MYL, CVX, MCO, WY




Q1 Earnings Reaction
Positive Reactions – AMZN, MSFT, JNPR, SBUX, GOOGL, AAL, CTXS, CAM, EBAY, FFIV, ORLY, SWK, T, ALTR, BAX, BRCM, DOW, EMC, HP, ILMN, KO, MCD, NDAQ, YUM, ABT, ATI, LRCX, PCAR, ARMH, AMGN, HAS, CHKP, HAL, MS, STI, NFLX, CE, MAT, C, DAL, FAST, INTC, JPM, LLTC, STZ, WBA, KMX, DGLY, CTRP, JUNO, KBH, MFRM, NKE,

More than 10% - AMZN, MSFT, ATI, HAS, NFLX, CE, DGLY, CTRP, JUNO, 

Negative Reactions – HBI, BIIB, STT, TXN, XLNX, MMM, SRCL, SWN, ALXN, CMG, CREE, DHR, FB, FCX, HSY, ISRG, KLAC, PEP, PG, BA, HOG, TRV, UA, UNP, URI, YHOO, DD, BHI, RCL, AXP, BAC, GS, JNJ, SNDK, AA, BBBY, MU, GME, YOKU, XONE, 

More than -10% - NOW, AMD, YOKU, 

Reversal in progress – AA, GS,

Reversal of Initial Reaction – FCX, GME, MU, YOKU, XONE


The SPX Market Forecast is pointed down at 77.

___________________

Setups
Horizontal Breakout: UPL, SFUN,       
Diagonal Breakout:       
Bull Flag: ATI, BBRY, CMGE, CSIQ, CTRP, FEYE, GOGO, JD, MBLY, PANW, QIHU, RAX, SCTY, SOHU, SPLK, SPWR, VSLR, CYBR, JNPR, TAN, AKAM, DTV, EA, MNST, MU, SBUX, TSLA,       
Potential Bullish Divergence:  
Gap Up:       
Gap Down:
Bear Flag: STI,  
At Support: CCL, CAR, ZU, AAPL, COST, GRMN, TRIP,        
C- Pattern:  

Moves
New Highs: NTES,        
H Breakout: SINA (long term),         
D Breakout: UNG,        
Breakout Test:
Bull Flag Bounce: YOKU, YY, STX,          
Bounce: X, GMCR, WDC, WYNN,       
MACD Divergence Bounce:      
Gap Up:      
Gap Down: IWM, YELP, ADSK, BIDU, CELG,        
C- Pattern:   
Bear Flag:  
Support Break: AIG, BABA, CREE, EXPE, FSLR, LNKD, LOCO, SWI, UA, ESI, JDSU, ADSK, WBA, WFM,        

______________________

In Pre-Market Stock Futures Pull Back Further...Jobless Claims Fall By 34K...Set To Report Today AIG...LNKD...& V... YELP Earnings Disappoint & Slide 18.27%...

BMO – ES – 5.25…and NQ – 21.50…stock futures point to a LOWER open…

SPY is …down .55…

XLF is down .03…
Euro is up 34 pips…

TLT is down .07…



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

Wednesday, April 29, 2015

FOMC Eyes Possible Rate Hike...Stocks Close Lower...GPRO Glows With 12.63% Gain...After Earnings WYNN Take A Hit Losing 16.64%...X Earnings Also Disappoint And Finishes Down 11.61%...SSYS Has A Nose Bleed & Finishes The Day Off 22.16%...BIDU Trading Down In After Hours Trading After Posting Earnings...

Only one out of nine sectors moved higher on Wednesday…XLE, XLF and XLB were the strongest sectors and XLV was the weakest.
 
Breadth weakened as decliners led advancers 1.98 to 1 on the NYSE and 2.14 to 1 on the NASDAQ.

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

SPY down .87 at 210.57 on125.6 million shares, above average volume
VIX up .98 at 13.39…
TNX up .62 at 20.35…
TLT down 1.56 at 125.73…
XLF down .01 at 24.32 on 40.5 million shares

AAPL down 1.92 at 128.64 on 63.2 million shares
FB down .22 at 80.47…on 26.4 million shares


Technical Commentary:
IWM -1.09%, QQQ -0.63%, DIA -0.43%, SPY -0.41%.



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 = 210.33, 210.70, 211.40...
QQQ = 108.38, 109.17
IWM = 125.55, 127.13…

Support Levels
SPY = 207.01, 205.39...
QQQ = 105.55, 104.50…
IWM = 123.77, 122.90...


Earnings Week of April 6 – AA, BBBY, WBA, STZ
Earnings Week of April 13 – JNJ, JPM, FAST, WFC, INTC, BAC, CSX, DAL, LLTC, SNDK, NFLX, GS, C, AMD, AXP, CE, MAT, NOW
Earnings Week of April 20 – CHKP, HAL, HAS, MS, RCL, STI, IBM, LRCX, ZION, ARMH, ATI, BHI, DD, HOG, LMT, PCAR, TRV, UA, VZ, AMGN, BRCM, CMG, CREE, ILMN, ISRG, URI, UTX, YHOO, YUM, ABT, BA, EMC, KO, MCD, CTXS, EBAY, FB, FFIV, ORLY, QCOM, T, TSCO, TXN, XLNX, ABBV, ALXN, BAX, CAM, CAT, DHR, DOW, DPS, FCX, HP, HSY, LLY, LUV, MMM, MO, NDAQ, PEP, PG, SWK, UNP, ALTR, AMZN, ETFC, GOOGL, HBI, JNPR, KLAC, MSFT, SBUX, SRCL, SWN, AAL, BIIB, STT
Earnings Week of April 27AAPL, CHRW, AET, COH, F, GLW, PFE, UPS, VLO, AKAM, ESRX, VRSK, WDC, WHR, WYNN, GRMN, MDLZ, BIDU, MAR, NXPI, TRIP, VRTX, CAH, LLL, XOM, ADP, CELG, VIAB, AIG, CME, EXPE, FSLR, SWKS, V, GILD, MYL, CVX, MCO, WY




Q1 Earnings Reaction
Positive Reactions – AMZN, MSFT, JNPR, SBUX, GOOGL, AAL, CTXS, CAM, EBAY, FFIV, ORLY, SWK, T, ALTR, BAX, BRCM, DOW, EMC, HP, ILMN, KO, MCD, NDAQ, YUM, ABT, ATI, LRCX, PCAR, ARMH, AMGN, HAS, CHKP, HAL, MS, STI, NFLX, CE, MAT, C, DAL, FAST, INTC, JPM, LLTC, STZ, WBA, KMX, DGLY, CTRP, JUNO, KBH, MFRM, NKE,

More than 10% - AMZN, MSFT, ATI, HAS, NFLX, CE, DGLY, CTRP, JUNO, 

Negative Reactions – HBI, BIIB, STT, TXN, XLNX, MMM, SRCL, SWN, ALXN, CMG, CREE, DHR, FB, FCX, HSY, ISRG, KLAC, PEP, PG, BA, HOG, TRV, UA, UNP, URI, YHOO, DD, BHI, RCL, AXP, BAC, GS, JNJ, SNDK, AA, BBBY, MU, GME, YOKU, XONE, 

More than -10% - NOW, AMD, YOKU, 

Reversal in progress – AA, GS,

Reversal of Initial Reaction – FCX, GME, MU, YOKU, XONE


The SPX Market Forecast is pointed at 85.

___________________

Setups
Horizontal Breakout: BX, SCHW, SINA (long term), TPX (long term), UPL, AA, DAVE, EMC, HPQ, INTC, NTAP, PCLN, STX,      
Diagonal Breakout: FAS, STI,      
Bull Flag: SPY, ATI, CMGE, CTRP, DAL, EXPE, FEYE, FSLR, JD, MBLY, PANW, QIHU, RAX, SPWR, YELP, YOKU, TAN, YY, AAPL, BIDU, EA, GOOGL, MNST, MU,       
Potential Bullish Divergence:  
Gap Up: MAR,      
Gap Down:
Bear Flag:  
At Support: IWM, LC, LOCO, UA, CELG, GRMN, WFM,      
C- Pattern:  

Moves
New Highs: CRM, ETFC, NTES,       
H Breakout: BAC, MS, ZION,        
D Breakout: C,       
Breakout Test:
Bull Flag Bounce: SPLK, SUNE, V, CYBR, SFUN, YNDX, ADBE,         
Bounce: SLCA,      
MACD Divergence Bounce:      
Gap Up: AMBA, GPRO,     
Gap Down: SSYS, X, LVS, AKAM, WYNN,       
C- Pattern:   
Bear Flag:  
Support Break: GME, SCSS, SWI, GLW, KKD, KNDI, UAL, ADSK, FB, ROST, YHOO,       
______________________


28 of 100 NDX stocks closed higher on Wednesday.


Leading NDX 100 stocks included: VRSK, MDLZ, CHTR, MAR, MYL, BIIB, DISCA, CTXS, ALXN, ALTR

Lagging NDX stocks included: WYNN, AAL, GRMN, DLTR, ESRX, YHOO, ORLY, WDC, ROST, ADSK

Leading stocks > +2% on Wednesday: GPRO, CRM, SINA, AMBA, TFC, SLCA, VXX, UNG, BAC 

Lagging stocks < -2.0% included: SSYS, X, TWTR, LOCO, VJET, SWI, SCSS, DDD, XONE, BABA, CMGE, YOKU, UBNT, GME, FSLR, DAL, JCP, BBY, JD, CCL, JUNO, RCL

Stocks to Watch on Thursday
Holding Above 30 DMA = 53
LVNTA, SIAL, KRFT, ORLY, ADI, VRSK, XLNX, CTRX, MDLZ, VIP, CTXS, TSLA, MYL, DTV, NFLX, PCLN, SBUX, GILD, PCAR, VIAB, STX, TSCO, VOD, MAT, AKAM, CSCO, INTC, MU, SYMC, AAPL, AMZN, ATVI, BIDU, CHKP, EA, MNST, MSFT, REGN, SIRI, BRCM, LRCX, FAST, INTU, NTAP, ADBE, EBAY, FOXA, GOOG, LBTYA, MAR, NVDA, QCOM, CA

Moving Above 30 DMA = 2
CHTR LMCA                                                                                                                                                                        

Moving Below 30 DMA = 10
AAL, CERN, CMCSA, ESRX, FISV, GRMN, KLAC LLTC, WDC, WYNN                                                                                     

Staying Below 30 DMA
VRTX, ADSK, ALTR, AMGN, CELG, DISCA, HSIC, SBAC, SPLS, ALXN, BIIB, FB, ILMN, SRCL, AVGO, ISRG, NXPI, TXN, YHOO, WBA, CTSH, DLTR, ADP, BBBY, COST, EXPD, ROST, PAYX, CHRW, SNDK, TRIP, AMAT, GMCR, DISH, WFM

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


Stock Futures Pull Back After GDP Report...GDP Slows To Crawl In 1st QTR To Just .2%...Dollars Weakens Against EURO... SSYS Slides 18.32%...On Good Outlook GPRO Gains 11.97%...

BMO – ES – 9.75…and NQ – 20.25…stock futures point to a LOWER open…

SPY is …down .93…

XLF is down .03…
Euro is up .65…
TLT is down .48…

Quoting Up: GPRO, AMBA, VXX, UNG, V, JASO, FEYE, JUNO, CCL, JD, MDLZ, ESRX, VRTX, MAR, BBIB

Quoting Down: SSYS, X, SONE, DD, VJET, WYNN, AKAM, WDC, WFM, GRMN

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


Tuesday, April 28, 2015

Stocks End Mixed At Close...APPL Closes Down 1.58% Even After Stellar QTR Earnings Report From Yesterday...MSFT Closes At High...GPRO Trading Up In After Hours After Stronger Outlook...TWTR Crashes After Earnings Report As Revenue Growth Disappointments...TWTR Slides 18.18%...

Eight out of nine sectors moved higher on Tuesday…XLU, XLF and XLE were the strongest sectors and XLY was the weakest.
 
Breadth strengthened as advancers led decliners 1.71 to 1 on the NYSE and 1.55 to 1 on the NASDAQ.

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

SPY up .67 at 211.44 on 68.8 million shares, below average volume
VIX down .71 at 12.41…
TNX up .49 at 19.73…
TLT down 1.78 at 127.29…
XLF up .14 at 24.33 on 25.7 million shares

AAPL down 2.09 at 130.56 on 118.8 million shares, more than double volume
FB down 1.23 at 80.68…on 23.7 million shares


Technical Commentary:
IWM + 0.55%, DIA +0.37%, SPY +0.32%, QQQ -0.20%.



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 = 210.33, 210.70, 211.40...
QQQ = 108.38, 109.17
IWM = 125.55, 127.13…

Support Levels
SPY = 207.01, 205.39...
QQQ = 105.55, 104.50…
IWM = 123.77, 122.90...


Earnings Week of April 6 – AA, BBBY, WBA, STZ
Earnings Week of April 13 – JNJ, JPM, FAST, WFC, INTC, BAC, CSX, DAL, LLTC, SNDK, NFLX, GS, C, AMD, AXP, CE, MAT, NOW
Earnings Week of April 20 – CHKP, HAL, HAS, MS, RCL, STI, IBM, LRCX, ZION, ARMH, ATI, BHI, DD, HOG, LMT, PCAR, TRV, UA, VZ, AMGN, BRCM, CMG, CREE, ILMN, ISRG, URI, UTX, YHOO, YUM, ABT, BA, EMC, KO, MCD, CTXS, EBAY, FB, FFIV, ORLY, QCOM, T, TSCO, TXN, XLNX, ABBV, ALXN, BAX, CAM, CAT, DHR, DOW, DPS, FCX, HP, HSY, LLY, LUV, MMM, MO, NDAQ, PEP, PG, SWK, UNP, ALTR, AMZN, ETFC, GOOGL, HBI, JNPR, KLAC, MSFT, SBUX, SRCL, SWN, AAL, BIIB, STT
Earnings Week of April 27AAPL, CHRW, AET, COH, F, GLW, PFE, UPS, VLO, AKAM, ESRX, VRSK, WDC, WHR, WYNN, GRMN, MDLZ, BIDU, MAR, NXPI, TRIP, VRTX, CAH, LLL, XOM, ADP, CELG, VIAB, AIG, CME, EXPE, FSLR, SWKS, V, GILD, MYL, CVX, MCO, WY




Q1 Earnings Reaction
Positive Reactions – AMZN, MSFT, JNPR, SBUX, GOOGL, AAL, CTXS, CAM, EBAY, FFIV, ORLY, SWK, T, ALTR, BAX, BRCM, DOW, EMC, HP, ILMN, KO, MCD, NDAQ, YUM, ABT, ATI, LRCX, PCAR, ARMH, AMGN, HAS, CHKP, HAL, MS, STI, NFLX, CE, MAT, C, DAL, FAST, INTC, JPM, LLTC, STZ, WBA, KMX, DGLY, CTRP, JUNO, KBH, MFRM, NKE,

More than 10% - AMZN, MSFT, ATI, HAS, NFLX, CE, DGLY, CTRP, JUNO, 

Negative Reactions – HBI, BIIB, STT, TXN, XLNX, MMM, SRCL, SWN, ALXN, CMG, CREE, DHR, FB, FCX, HSY, ISRG, KLAC, PEP, PG, BA, HOG, TRV, UA, UNP, URI, YHOO, DD, BHI, RCL, AXP, BAC, GS, JNJ, SNDK, AA, BBBY, MU, GME, YOKU, XONE, 

More than -10% - NOW, AMD, YOKU, 

Reversal in progress – AA, GS,

Reversal of Initial Reaction – FCX, GME, MU, YOKU, XONE


The SPX Market Forecast is pointed up at 88.

___________________

Setups
Horizontal Breakout: BABA, BBRY, CIEN (long term), SWI, AA, P, AAPL, NTAP, PCLN,     
Diagonal Breakout: KKD, GMCR,     
Bull Flag: CMGE, CRM, CTRP, EXPE, FEYE, FSLR, V, CYBR, SFUN, CMCSA, GOOGL, MU, MYL,      
Potential Bullish Divergence:  
Gap Up:     
Gap Down:
Bear Flag:  
At Support: GLW, FB,     
C- Pattern:  

Moves
New Highs: CSIQ, DTV,      
H Breakout: GPRO, JASO (long term), TSL,      
D Breakout:       
Breakout Test:
Bull Flag Bounce: JCP, VSLR, X, ZION, EMC, TAN, TBT, GILD, INTC, STX,       
Bounce: SPY, IWM, AMBA, ATI, BAC, BBY, C, DDD, ETFC, FAS, SLCA, SSYS, STI, TPX, UPL, VJET, XONE, ANGI, ANR, GRMN, SNDK,     
MACD Divergence Bounce: MFRM, MTW,     
Gap Up:     
Gap Down: CCL, YNDX,     
C- Pattern:   
Bear Flag:  
Support Break: TWTR,     
______________________


53 of 100 NDX stocks closed higher on Tuesday.


Leading NDX 100 stocks included: MSFT, GRMN, VIAB, STX, INTC, DTV, SNDK, CSCO, MYL, CA

Lagging NDX stocks included: CHRW, BIIB, AVGO, AMZN, ALXN, MNST, VRTX, DISH, DISCA, AAPL

Leading stocks > +2% on Tuesday: DGLY, CSIQ, JASO, TSL, VJET, SSYS, GPRO, UPL, DDD, JCP, XONE, ETFC, VSLR, SCTY, CIEN 

Lagging stocks < -2.0% included: TWTR, JUNO, QIHU, VXX, CTRP

Stocks to Watch on Wednesday
Holding Above 30 DMA = 58
LVNTA, SIAL, KRFT, ORLY, ADI, VRSK, XLNX, CTRX, ESRX, MDLZ, VIP, CTXS, TSLA, MYL, CMCSA, DTV, NFLX, PCLN, SBUX, GILD, PCAR, VIAB, STX, TSCO, VOD, MAT, AKAM, CSCO, INTC, MU, WDC, SYMC, AAPL, AMZN, ATVI, BIDU, CHKP, EA, MNST, MSFT, REGN, SIRI, AAL, BRCM, LRCX, FAST, INTU, NTAP, ADBE, CERN, EBAY, FOXA, GOOG, LBTYA, MAR, WYNN, NVDA, QCOM

Moving Above 30 DMA = 5
CA, FISV, GRMN, KLAC, LLTC                                                                                                                                   

Moving Below 30 DMA = 1
VRTX                                                                                      

Staying Below 30 DMA
ADSK, ALTR, AMGN, CELG, DISCA, HSIC, LMCA, SBAC, SPLS,ALXN, BIIB, FB, ILMN, SRCL, AVGO, ISRG, NXPI, TXN, YHOO, WBA, CHTR, CTSH, DLTR, ADP, BBBY, COST, EXPD, ROST, PAX, CHRW, SNDK, TRIP, AMAT, GMCR, DISH, WFM

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


AAPL Set To Open At Record Level High After Reported Earnings Yesterday...MRK Beats Profits & Sales...MRK Up 5.43%...TWTR To Report Earnings After Hours Today...

BMO – ES – 3.00…and NQ – 2.50…stock futures point to a LOWER open…

SPY is …down .29…

XLF is down .01…
Euro is up .54…
TLT is down .54…

Quoting Up: DGLY, JD, JCP, MBLY VXX, GPRO, SWKS, SPWR, SPLS, AAPL, AMAT, MYL, AVGO, TSLA, ALTR

Quoting Down: SUNE, CCL, JASO, NKE, DDD, FAS, SSYS, CHRW, DISCA, PAYX, SIRI, VOD, WYNN


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

Monday, April 27, 2015

Stocks Rise...Then Slip Back From Highs...AAPL 2Q Tops Street Estimates...AAPL Sees 33% Profit in 2Q...And Raises Dividends...Trading Up In After Hours Extended Trading...

Only two out of nine sectors moved higher on Monday…XLB, XLK and XLI were the strongest sectors and XLV was the weakest.
 
Breadth weakened as decliners led advancers 1.68 to 1 on the NYSE and 2.42 to 1 on the NASDAQ.

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

SPY down .88 at 210.77 on 79.2 million shares, below average volume
VIX up .83 at 13.12…
TNX up .07 at 19.24…
TLT unchanged at 129.07…
XLF down .09 at 24.19 on 23.9 million shares

AAPL up 2.37 at 132.65 on 94.2 million shares, more than double volume
FB up .38 at 81.91…on 25.4 million shares


Technical Commentary:
IWM –1.10%, SPY -0.42%, QQQ -0.25%, DIA -0.20%.



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 = 210.33, 210.70, 211.40...
QQQ = 108.38, 109.17
IWM = 125.55, 127.13…

Support Levels
SPY = 207.01, 205.39...
QQQ = 105.55, 104.50…
IWM = 123.77, 122.90...


Earnings Week of April 6 – AA, BBBY, WBA, STZ
Earnings Week of April 13 – JNJ, JPM, FAST, WFC, INTC, BAC, CSX, DAL, LLTC, SNDK, NFLX, GS, C, AMD, AXP, CE, MAT, NOW
Earnings Week of April 20 – CHKP, HAL, HAS, MS, RCL, STI, IBM, LRCX, ZION, ARMH, ATI, BHI, DD, HOG, LMT, PCAR, TRV, UA, VZ, AMGN, BRCM, CMG, CREE, ILMN, ISRG, URI, UTX, YHOO, YUM, ABT, BA, EMC, KO, MCD, CTXS, EBAY, FB, FFIV, ORLY, QCOM, T, TSCO, TXN, XLNX, ABBV, ALXN, BAX, CAM, CAT, DHR, DOW, DPS, FCX, HP, HSY, LLY, LUV, MMM, MO, NDAQ, PEP, PG, SWK, UNP, ALTR, AMZN, ETFC, GOOGL, HBI, JNPR, KLAC, MSFT, SBUX, SRCL, SWN, AAL, BIIB, STT
Earnings Week of April 27AAPL, CHRW, AET, COH, F, GLW, PFE, UPS, VLO, AKAM, ESRX, VRSK, WDC, WHR, WYNN, GRMN, MDLZ, BIDU, MAR, NXPI, TRIP, VRTX, CAH, LLL, XOM, ADP, CELG, VIAB, AIG, CME, EXPE, FSLR, SWKS, V, GILD, MYL, CVX, MCO, WY




Q1 Earnings Reaction
Positive Reactions – AMZN, MSFT, JNPR, SBUX, GOOGL, AAL, CTXS, CAM, EBAY, FFIV, ORLY, SWK, T, ALTR, BAX, BRCM, DOW, EMC, HP, ILMN, KO, MCD, NDAQ, YUM, ABT, ATI, LRCX, PCAR, ARMH, AMGN, HAS, CHKP, HAL, MS, STI, NFLX, CE, MAT, C, DAL, FAST, INTC, JPM, LLTC, STZ, WBA, KMX, DGLY, CTRP, JUNO, KBH, MFRM, NKE,

More than 10% - AMZN, MSFT, ATI, HAS, NFLX, CE, DGLY, CTRP, JUNO, 

Negative Reactions – HBI, BIIB, STT, TXN, XLNX, MMM, SRCL, SWN, ALXN, CMG, CREE, DHR, FB, FCX, HSY, ISRG, KLAC, PEP, PG, BA, HOG, TRV, UA, UNP, URI, YHOO, DD, BHI, RCL, AXP, BAC, GS, JNJ, SNDK, AA, BBBY, MU, GME, YOKU, XONE, 

More than -10% - NOW, AMD, YOKU, 

Reversal in progress – AA, GS,

Reversal of Initial Reaction – FCX, GME, MU, YOKU, XONE


The SPX Market Forecast is pointed up at 89.

___________________

Setups
Horizontal Breakout: BABA, BX, AAPL, BIDU, NFLX, PCLN,    
Diagonal Breakout: CRM, KKD, GMCR,    
Bull Flag: ETFC, GOGO, GPRO, JASO, LOCO, SLCA, SPWR, SUNE, TPX, VSLR, EMC, SFUN, TAN, YNDX, BRCM, GILD,     
Potential Bullish Divergence:  
Gap Up:     
Gap Down:
Bear Flag: GME,
At Support: IWM, ANR,    
C- Pattern:  

Moves
New Highs: JD, NTES, RAX, AKAM, MNST,     
H Breakout: QIHU (long term), SINA (long term), YOKU, TSLA,     
D Breakout:       
Breakout Test:
Bull Flag Bounce:      
Bounce: Z, MTW,    
MACD Divergence Bounce: CREE,    
Gap Up: QCOM, TXN,    
Gap Down:    
C- Pattern:   
Bear Flag:  
Support Break: CCL, DDD, JUNO, MFRM, RCL, XONE, NCLH,    
______________________


36 of 100 NDX stocks closed higher on Monday.


Leading NDX 100 stocks included: TSLA, FAST, AAPL, AKAM, NXPI, BIDU, PCLN, VIP, TXN, QCOM

Lagging NDX stocks included: AMAT, MYL, MAT, VRTX, CELG, AMGN, ADSK, BIIB, ILMN, ALXN

Leading stocks > +2% on Monday: YOKU, Z, SINA, VXX, GLD 

Lagging stocks < -2.0% included: JUNO, DDD, DGLY, UBNT, SCSS, SSYS, MFRM, VJET, RCL, UNG, SUNE, ZNGA, AMBA

Stocks to Watch on Tuesday
Holding Above 30 DMA = 57
LVNTA, SIAL, KRFT, ORLY, ADI, VRSK, XLNX, CTRX, ESRX, MDLZ, VIP, CTXS, TSLA, MYL, CMCSA, DTV, NFLX, PCLN, SBUX, VRTX, GILD, PCAR, VIAB, STX, TSCO, VOD, MAT, AKAM, CSCO, INTC, MU, WDC, SYMC, AAPL, AMZN, ATVI, BIDU, CHKP, EA, MNST, MSFT, REGN, SIRI, AAL, BRCM, LRCX, FAST, INTU, NTAP, ADBE, CERN, EBAY, FOXA, GOOG, LBTYA, MAR, WYNN

Moving Above 30 DMA = 2
NVDA, QCOM                                                                                           

Moving Below 30 DMA = 11
ADSK, ALTR, AMGN, CA, CELG, DISCA, FISV, HSIC, LMCA, SBAC, SPLS                                                              

Staying Below 30 DMA
ALXN, BIIB, FB, ILMN, KLAC, LLTC, SRCL, AVGO, ISRG, NXPI, TXN, YHOO, WBA, CHTR, CTSH, DLTR, ADP, BBBY, COST, EXPD, ROST, RAYX, CHRW, SNDK, TRIP, AMAT, GMCR, DISH, WFM, GRMN

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up