AAPL New High Close, BIDU Gaps Up, NFLX Down in After-Hours...

After the close on Monday BIDU +6.52% rose $10.20, BRCM +8.11% rose $2.83 while NFLX -10.18% fell -$28.65 after reporting earnings.

AAPL and BIDU each made a new high close on Monday..

The SPX closed above Thursday’s S1 level down -7.59 at 1,337.43. 

(click image to enlarge)

NDX white candle breakout, above 30 DMA -0.22%

SPX black candle, above S1, above 30 DMA -0.56%

INDU black candle confirms bearish harami, above 30 DMA -0.70%

COMPQ white candle, above 30 DMA -0.56%

RUT white candle, above 30 DMA -1.24%

Breadth weakened as decliners led advancers 4.15 to 1 on the NYSE and 3.31 to 1 on the NASDAQ …

Exchange       NYSE        NASDAQ

Advancers         586              607  

Decliners        2,435           2,011

Index         Change    Close    Direction    Confirmation

VIX                 +1.83     19.35       Up               Yes – SPX

SOX                -5.48   403.08      Down           Yes – COMPQ

Leading stocks > +2% on Monday included FAZ

Losing stocks < -2.0% included UAL, TSL, ENTR, JDSU, SNDK, CY, FFIV, RVBD, WDC, CREE, IL, FAS, INFA, ESI, URE, CRUS, LDK

Interest rates TNX closed +0.40, bond ETF TLT fell $1.05 and Financials XLF was down 11 cents.  The Euro moved up 19 pips to close at 1.4375 at 5 pm on Monday.

SPX

Resistance: 1,344, 1,359, 1,370

Support: 1,330, 1,321, 1310

The short term 3 day trend is up.

The six-month trend is neutral.

The twelve-month trend is up.

Trade with the trend of the chart you are trading.

Bullish entry signal is a bounce off support and a break above the high of the low day or a break out of horizontal resistance.

Bearish entry signal is a break of short term support or a bounce down from the 30 DMA or other resistance.

AAPL +5.20 – white candle breakout, new high close, above 30 DMA

AMZN -3.03 – black candle, above 30 DMA

BIDU +2.54 – white candle breakout, above 30 DMA

GOOG +0.75 – white candle continuation, above 30 DMA

NFLX +4.95 – spinning top, above 30 DMA

PCLN -0.62 – potential shooting star, above 30 DMA

QCOM -0.65 –potential shooting star, above 30 DMA

NDX 100 stocks stronger than the NDX include CTRP, NFLX, BIDU, ATVI, INTU, MSFT, SPLS, AAPL, CHRW and EBAY.

Stocks weaker than the NDX include RIMM, FLEX, SNDK, FFIV, VRTX, ILMN, FSLR, BMC, NTAP and MU.

Stocks to Watch on Tuesday

Holding Above 30 DMA

TIF, CROX, GMCR, TPX, AGU, CMG, HLF, VMW, ATW, NGLS, CLF, ESI, ACN, CSTR, ICE, POT, AKS, CAM, CAT, COH, CRUS, DECK, DLR, FCX, LVS, NKE, NTES, PCX, SLB, SWN, URE, V, SINA, SOHU, WTW, ANF, CDE, SLW, CF, IAG, ANR, ATI, MOS, DLR, WLT, CHL, CY, MCP, UCO, MHS, DOW, FAS, GS, STI, UNP, X, ZION, CIEN, CRM, LDK, SMH, SNDK, SWKS, WDC

Moving Above 30 DMA = 2

DE, TBT

Moving Below 30 DMA = 6

CREE, JNPR, KKD, NDAQ, NETL, TLT

Staying Below 30 DMA

DHR, FFIV, SWK, UNG, ARUN, FAZ, RVBD, HUM, ENTR, INFA, A, F, GES, HAS, BAC, TSL, UAL, VECO, NVDA, FWLT, JDSU, GLW, IL

Intermediate Term Market Trend: Neutral

Short Term Market Trend: Up