Friday, February 10, 2012

SPX Pulls Back as Euro Moves Lower Overnight...Closes Near Open on Friday...

Listen to Dave on tastytrade today at the 115:30 minute mark, Click here:  https://www.tastytrade.com/#/


Dave has been at the Orlando Money Show presenting Friday with Tom through the weekend and his flight was delayed Sunday evening. He will post again Monday morning...



All nine sectors moved lower on Friday.  XLU, XLP and XLV were the strongest sectors.



Leading stocks > +2% on Friday included LNKD, FAZ, CRM, ICE

Losing stocks < -2.0% included TSL, PCX, ANR, LDK, AKS, IL, X, CREE, TSLA, SWKS, ATI, WLT, CRUS, CLF, MCP, FCX, MOS, CF, ZAGG, FAS, KKD, TBT, POT, STI, DECK, NVDA, ENTR, CROX, CDE, C, A, RCL

NDX 100 stocks stronger than the NDX included ALXN, AKAM, PCLN, YHOO, BIDU, CTRP, AMGN, FAST, SPLS and BIIB.

Stocks weaker than the NDX include NUAN, FSLR, NTAP, MU, RIMM, KLAC, ATVI, EA, NVDA and VRTX.

One NDX stock AMGN closed above the 30 DMA and eight CELG, EXPD, KLAC, MCHP, NUAN, PAYX, TEVA and VOD closed below leaving 80 NDX stocks above their 30 DMA.

Stocks to Watch on Monday
Holding Above 30 DMA = 73
WDC, DLR, URE, CMG, DE, DOW, ENTR, FAS, SWK, F, NKE, CIEN, CRUS, SMH, SWKS, JDSU, NGLS, BAC, CF, CHL, DHR, STI, X, A, C, CAT, CLF, FCX,  TPX, ESI, KKD, CREE, GS, CROX, HLF, LNKD, LVS, RCL, SLW, TSL, CSTR, SINA, VECO, COH, ARUN, CDE, CRM, FFIV, HAL, SLB, INFA, NTES, NVDA, VMW, WLT, IBM, ZAGG, UAL, TSLA, LDK, GES, DECK, GRPN, JNPR, V, ICE, ZION, GLW, NDAQ, TBT, TIF, RVBD, SWN
Moving Above 30 DMA = 0

Moving Below 30 DMA = 6
ANR, IL, MOS, PCX, POT, UNP
Staying Below 30 DMA
MCP, SOHU, AKS, TLT, ANF, HUM, UCO, ATI, SNDK, FAZ

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

2 comments:

fayburn said...
This comment has been removed by the author.
fayburn said...

Be safe my friend. Thanks for all you do. You are truly making a positive difference in our lives.

Fayburn