SPY Moves Lower...AA Rallies in Late Trading with $94 Million in Profits Reported...

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

Breadth weakened as decliners led advancers 5.75 to 1 on the NYSE and 4.62 to 1 on the NASDAQ.

Exchange        NYSE       NASDAQ

Advancers         449              448

Decliners        2,584           2,073

SPY closes down $2.32 on volume of 235.3 million shares.

Support bounce - CREE

AA kicks off with $94 million in profits while shares rally 5% in late trading.

Leading NDX 100 stocks included FSLR, DELL

Lagging NDX stocks included FAST, SIRI, NFLX, VRTX, GMCR, NUAN, VMED, SHLD, FFIV, ROST, SNDK

Leading stocks > +2% on Tuesday included FAZ, TSL, CREE

Losing stocks < -2.0% included FAS, SWI, MCP, CROX, TPX, RCL, BAC, ZAGG, URE, RVBD, NKE, ANF, NTES, DE

Stocks to Watch on Wednesday

Holding Above 30 DMA = 10

CMG, LNKD, LVS, CSTR, CRM, VMW, MCP, ZAGG, HUM, TLT

Moving Above 30 DMA = 1

FAZ

Moving Below 30 DMA = 12

CHL, CROX, DHR, DLR, IBM, INFA, NKE, NTES, TPX, UAL, V, ZION

Staying Below 30 DMA

A, BAC, CIEN, DE, FAS, HLF, SMH, STI, SWK, TBT, URE, ANF, CLF, F, GLW, JDSU, WDC, X, C, CREE, CRUS, ESI, GS, RVBD, SOHU, SWI, SWKS, TSLA, COH, JNPR, RCL, TIF, GRPN, MOS, UCO, VECO, ICE, AKS, SINA, TSL, ATI, GES, FAZ, CDE, LDK, SLB, DECK, FCX, ANR, PCX

Six Month Intermediate Term Market Trend: Up

Short Term Market Trend: Down