Stocks Start and End Tuesday Mixed...

DJIA 10,572.02 -11.94 -0.11% SP500 1,136.52 + 3.53 +0.31% COMPQ 2,308.71 + 0.29 +0.01% Russell 2000 638.49 - 1.61 -0.25% Exchange NYSE NASD Advancing 1,852 1,214 Declining 1,200 1,516 Oil $81.77 +0.26 Gold $1,118.10 +0.40 SOX 366.42 +0.34 VIX 19.35 -0.69 The VIX moved down and did confirm the move up in the SPX on Tuesday. This was the lowest close in the VIX in more than 15 months. The SOX moved up and did confirm the move up in the COMPQ. Strongest Sectors: XLF +1.84%…XLE +0.82%...XLY +0.37% Weakest Sectors: XLU -1.19%...XLV -0.98%...XLK -0.13% Six of nine sectors moved higher on Tuesday. Financials, Energy, Consumer Discretionary, Industrials and Materials were stronger than the SPX +0.31%. Sector Watch Up Trending: XLK, XLB, XLY, XLV, XLP, XLE, XLI, XLU Horizontal Breakout: XLF Sideways: Down Trending: Key Resistance Levels: 1,025 - 1,133 = 1,075 BO chart target - Sep 08 Low 1,145 = 1,133 BO chart target – Dec 31 Low Key Support Levels 1,119 = December High 1,105 - 1,113 = November High 1,101 = October High 1,087 = Nov 10 Channel low 1,082 = Nov 9 S1 level 1,075 = 875 Breakout Chart Target Tuesday was a mixed trading day almost every sense of the price action. In pre-market trading the futures were near even. The major NASDAQ stocks we look at were mixed. Our At the Open list stocks were mixed. At the close the INDU and RUT were down and SPX and NASDAQ were up, just barely. On the NYSE advancers led decliners and on the NASDAQ decliners led advancers. Stocks that were up like WYNN, FWLT, CERN, SHLD, NIHD, AKAM, ERTS, QCOM, SBUX, FUQI, FAS, JOSB, TSL, IPI, DECK, ALGT and PWRD were really up big. Stocks that were down like VRTX, GENZ, CHRW, STX, ESRX, NTAP, FAZ, ICE, NFLX, UNG, SLGN and ESI were really down big, relatively speaking. In the Sectors XLF had a strong day leading all sectors and XLU was certainly weak. So if you were in the right stocks like WYNN, FWLT, CERN, SHLD, FUQI and PWRD you had a big day. If you were in the wrong stocks you had a down day. It really was a mixed day. The SPX pushed to a slightly higher close on the strength of financial stocks with KEY, FAS, C, MS, ZION, RF, BAC, AFL, WFC, USB, MET and UYG all having big days. Monday Night Charts on WYNN, FWLT, NIHD and JOYG all big days on Tuesday on strong volume. Check out these charts: (click image to enlarge) Check out these C Pattern Setup Charts: (click image to enlarge) Guidance: Stay with your up trending positions. Continue to raise your stops. Look for the intermediate term trend to continue while being mindful of a pause or pull back. XLF continues to be the key to the SPX breakout following through to the upside. Stay with trends that have broken above resistance. Watch for horizontal breakout trend continuation moves. Continue to focus on and trade setups on the charts of the stocks you watch and follow your rules. AAPL +0.37 QCOM +1.13 GOOG -2.76 BIDU -4.13 NDX 100 stocks stronger than the NDX include: WYNN, FWLT, CERN, SHLD, NIHD, AKAM, ERTS, LINTA, QCOM, SBUX, DELL, IACI, FAST, MRVL, URBN, ROST, JOYG, PCAR, ADBE, NVDA, FSLR, MICC, PCLN, CTSH, VRSN, YHOO, EXPD, AMZN, DTV, EXPE, FISV, INFY, HANS, NWSA, JBHT, GRMN and FLIR. Stocks to Watch on Wednesday Leading Stocks Holding Above 30 DMA DLB, WCG, ALGT, BDX, TSL, AFAM, GR, SYNA, MELI, PCLN, PCP, MON, TDG, X, BIIB, NTLS, NIHD, VPRT, URE, BLUD, GES, USD, BKC, CBST, SNA, FSLR, MYGN, RIMM, AMED, CLB, ORCL, GMCR, UNG, HANS, SWN, CAM, MHS, CTSH, WAB, ESI, ICE, JEC, MOS, UYG, VAR, AAPL, JOSB, ACN, DECK, EBAY, SLGN, FAS, USO, GS, JCOM, ATW, AMX, BYI, CHL, CEDC, GME, HDB, IPI, JOYG Moving Above 30 DMA = 6 AMZN, CGA, FLS, FUQI, HLF, PWRD Moving Below 30 DMA = 4 DV, ESRX, MCD, WMT Staying Below 30 DMA K, FAZ, BIDU, GILD Intermediate Term Market Trend: Up Short Term Market Trend: Up