Breadth weakened on Monday as decliners led advancers 1.48 to 1 on the NYSE and 1.22 to 1 on the NASDAQ…
Exchange NYSE NASDAQ
Advancers
1,202 1,115
Decliners 1,785 1,367
SPY down .22cents at 145.65...volume 95.6 million shares
VIX up .17 at 14.15…
Euro unchanged at 1.2930…
TNX down .42 at 17.18…
TLT up .95 cents at 122.50…
XLF unchanged at 15.84…
AAPL down 9.31 at 690.79…volume 22.8 million shares …
FB down 2.07 at 20.79… volume 79.1 million shares…
The Market
Forecast green line is in the upper zone.
Technical
Commentary:
Monday saw
the broad market decline today…the NASDAQ 100 declined .62%...with 70 of the
100 in the red…declining - 19.18 at
3,160….
New Chart
Targets:
SPY = 147.88 2.61 Fib
ES = 1,466.00 2.61 Fib on ESZ2
EUR/USD = 1.3095 1.60 Fib, 1.3345 S&R Measuring.
SPY = 147.88 2.61 Fib
ES = 1,466.00 2.61 Fib on ESZ2
EUR/USD = 1.3095 1.60 Fib, 1.3345 S&R Measuring.
Short-term support at
144.39, 143.09
= SPY
1,438.75,
1,421.50 = ES
2,802.50,
2,775, 2,750 = NQ
Setups:
Bull
Flag: SPY, IWM, XLF, FAS, BAC, C, JPM,
WFC, GS, MS, STI, ZION,
A, ANR, ATI,
CLF, CMG, CRM, ESI, FCX, IBM, ICE, INFA, JDSU, JNPR, LVS, MCP, NTES, RVBD,
SINA, SLB, SOHU, TBT, TIF, TSLA, UAL, URE, VECO, BTU, WLT, JRCC, ACI, CA, CTSH,
EA, EBAY, FFIV, FOSL, GMCR, NUAN, ORCL, PNRA, QCOM, SHLD, VRSN,
Pennant: FB,
F, LNKD, GRMN, WYNN,
Breakout:
GLW, YELP, Z, PHM, RCL, SWI, V, ADP, CERN, KFT, SBUX, STX, WFM; Monday: CHRW, XRAY
Break of
Support: Monday: MSFT, MXIM, INTC, INFA, FB, CREE, CRUS, CIEN
Gap
Down: Monday: CTXS, CRUS, VECO, AKS, SMH
Bounce:
DE, SWK, VMW, AVGO, ESRX, EXPE, FISV, GOLD, GOOG, INFY, ISRG, LIFE,
NTAP, PCLN, VRTX, KORS
Earnings
Posted: ADBE, BBBY, ORCL
30 of 100 NDX
stocks closed higher on Monday…
Leading NDX 100 stocks included: WCRX, GOOG,
BIDU, YHOO, CHRW, PNRA, CHKP, STX, AMGN, FFIV, DLTR, XRAY, DTV, LINTA, BBBY
Lagging NDX stocks included: CTXS, GMCR, MRVL,
VGO, GOLD, NFLX, NTAP, RIMM, MXIM, FOSL, DELL, SHLD, ALTR, XLNX, MU
Leading stocks > +2% on Monday included: STI, TSLA, NTES
Lagging stocks < -2.0% included: MCP, VECO, FB, TPX, ANR, AKS, CRUS, CDE, CREE, INFA, ANF, CSTR, VMW, SWKS, DECK, CIEN, UCO, RCL, GES, ZAGG, TSL, CROX
Stocks to Watch on Tuesday…
Holding Above 30 DMA = 50
TIF, GS, RVBD, SWI, CRUS, FAS, FCX, STI, JDSU, C, RCL, BAC, CRM SINA, SOHU, CDE, F, ZION, ANF, INFA, ICE, LVS, LNKD, HUM, URE, GLW, MOS UAL, ESI, DE, DHR, SWK, CMG, VMW, TBT, IBM, ATI, ANR, V, CLF, SLB, MCP, JNPR, ZAGG, FB, A, TSLA, CHL, GRPN
TIF, GS, RVBD, SWI, CRUS, FAS, FCX, STI, JDSU, C, RCL, BAC, CRM SINA, SOHU, CDE, F, ZION, ANF, INFA, ICE, LVS, LNKD, HUM, URE, GLW, MOS UAL, ESI, DE, DHR, SWK, CMG, VMW, TBT, IBM, ATI, ANR, V, CLF, SLB, MCP, JNPR, ZAGG, FB, A, TSLA, CHL, GRPN
Moving Above 30 DMA =1
NTES
Moving
Below 30 DMA = 6
ANF, CREE, CRUS, JNPR, MCP, URE
Staying Below 30 DMA
COH, CROX, NKE, NTES, TPX, VECO, DECK, CSTR, HLF, UCO, AKS, DLR, SMH, SWKS, X, WDC, CIEN, TSL, GES, FAZ, LDK
COH, CROX, NKE, NTES, TPX, VECO, DECK, CSTR, HLF, UCO, AKS, DLR, SMH, SWKS, X, WDC, CIEN, TSL, GES, FAZ, LDK
Fifteen Week Intermediate Term Market Trend: Up
Short Term Market Trend: Neutral
1 comment:
Hmmm . . . Dave, is that you?
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