Euro Heads Lower as SPX, VIX and Financials Fall...

All nine sectors moved lower on Monday.

The Euro was down 219 pips to 1.3165 at 5pm EDT on Monday. TNX was down -0.43 to 20.09. TLT was up $1.30. Financials XLF was down 31 cents.

The broad indexes followed the Euro lower and closed down with the NDX -1.14%, COMPQ -1.31%, INDU -1.34%, SPX -1.49% and RUT -1.64%. The broad indexes closed near their 30DMA. The SPX moved down -18.72 to close at 1,236.47.

SPY moved down -$1.84 on 215.4 million shares on Monday.

The VIX fell -0.71 to 25.67, its lowest close since Oct 28. In an unusual non-confirmation the VIX fell on a large down day.

AAPL, AMZN, BIDU, GOOG, PCLN and QCOM all moved lower on Monday.

Breadth weakened as decliners led advancers 3.92 to 1 on the NYSE and 3.02 to 1 on the NASDAQ.

Exchange      NYSE      NASDAQ
Advancers        616           635
Decliners       2,417        1,922

Leading stocks > +2% on Monday FAZ, MCP

Losing stocks < -2.0% included ANR, ZAGG, CRM, FAS, SINA, C, AKS, GRPN, CDE, ATI, X, PCX, BAC, A, HAL, INFA, SOHU, CIEN, RVBD, WLT, SLW, GS, CREE, SWN, URE, SWKS, CLF, SMH, ENTR, UCO, SLB, FCX, ESI, CAT, DOW, VECO, ICE, DHR, LDK, LVS, NDAQ, CRUS, TSL, NVDA, VMW, HLF, GLW, DECK, STI, ANR, FFIV, TBT, TSLA


NDX 100 stocks stronger than the NDX included GMCR, INFY, CELG, FLEX, PCAR, AKAM, CHKP, FFIV, MYL and SYMC.

Stocks weaker than the NDX include NFLX, FLEX, CMCSA, STX, SIRI, TEVA, DTV, MYL, URBN and DLTR.

One NDX stock DTV closed above its 30 DMA and eleven including ADBE, ADSK, BIIB, CTSH, INTC, NVDA, ORCL, QGEN and YHOO closed below the 30 DMA leaving 48 NDX stocks above the 30 DMA.


Stocks to Watch on Tuesday
Holding Above 30 DMA = 22
NGLS, UCO, DE, FFIV, NKE, V, WDC, IBM, LDK, TSL, X, NTES, SNDK, UAL, CMG, DLR, CSTR, F, HUM, IL, SWK, UNP
Moving Above 30 DMA = 0

Moving Below 30 DMA = 18
AKS, ATI, C, CAT, CDE, CLF, CRUS, ENTR, FAS, FCX, GS, ICE, NDAQ, NVDA, SLB, SMH, TBT, URE
Staying Below 30 DMA
TLT, ANR, DOW, RCL, TSLA, A, COH, DHR, INFA, CHL, CRM, DECK, HAL, HLF, JNPR, RVBD, STI, VECO, ZION, KKD, LVS, SLW, FAZ, GLW, TIF CIEN, JDSU, VMW, ARUN, CF, CREE, SWN, WLT, MOS, PCX, TPX, GES, SOHU, MCP, BAC, CSTR, POT, SINA, SWKS, ZAGG, LNKD, ANF, ESI, CROX, GRPN

Ten Week Intermediate Term Market Trend: Up
Short Term Market Trend: Neutral