EURO, XLF, SPY, AAPL Continue To Rise...

All nine sectors moved up again on Tuesday…XLB, XLE and XLK were the strongest sectors.

Breadth strengthened on Tuesday… advancers led decliners 2.06 to 1 on the NYSE and 2.14 to 1 on the NASDAQ…

Exchange     NYSE    NASDAQ

Advancers    2,266      1,585
Decliners        739         739

SPY up 1.46 cents at 145.54...volume 108.6 million shares

VIX down 5 cents at 15.22…

TNX up 57 cents at 17.20…
TLT down 1.71 cents at 121.98…
XLF up 10 cents at 16.09…

AAPL up 15.03 at 649.79…volume 19.6 million shares …

FB down 4 cents at`19.48… volume 21.8 million shares…

Technical Commentary:  FSLR rose 8.3%...FOSL advanced 7.3%...MAT also rose 5%...INTC gained 2.9% helping the Dow move higher closing at  +127.55…Euro

rose…as did Interest Rates…

Earnings Season brings more reports this next week...

 

Earnings to Watch:

Monday - C

Tuesday – INTC, IBM, GS, ISRG, APOL, LLTC, MAT, STT

Wednesday – BAC, AXP, EBAY, WYNN, LRCX, XLNX, CHKP

Thursday – GOOG, MSFT, SNDK, MS, RVBD, ALXN, FLEX

Friday –

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

Short-term support at
143.09, 142.33 = SPY
1,424, 1,414.50, 1,400 = ES
2,695, 2,650 = NQ

Setups:

Bull Flag:  FAS, RCL, UAL, NTES

Resistance Setup:  FOSL,

At Support:

Break of Support: 

Gap Up:  MAT,

Gap Down:  

Resistance BO:  AMGN, ISRG, ADBE,

Bounce:  MXIM, LLTC, QCOM, SBUX, BRCM, CA, AMAT, FLEX, AVGO, NVDA, GLW, CLF, TIF, JDSU, JNPR, SWKS,

90 OF 100 NDX stock closed higher on Tuesday…

Leading NDX 100 stocks included:  FOSL, MAT, ISRG, AVGO, BRCM, SHLD, MRVL, FFIV, NVDA, INTC, ADBE, CTXS, LINTA, SBUX, MXIM

Lagging NDX stocks included: FAST, ORLY, WCRX, ATVI, APOL, PCLN

Leading stocks > +2% on  Tuesday included:  CLF, CRUS, SWKS, JNPR, GLW, TIF, VECO, JDSU, VMW, AKS, DECK, X, TSL, FCX, CREE

Lagging stocks < -2.0% included: LDK

Stocks to Watch on Wednesday…

Holding Above 30 DMA = 27

GS, C, FAS, FCX, RCL, BAC, CDE, ZION, HUM, GLW, DE, DHR, IBM, V,  GRPN, NTES, UAL, HLF, TPX, CLF, X, ANR, CRM, F, TLT, AKS, LVS

Moving Above 30 DMA =6

ATI, CRUS, GES, NKE, SLB, TIF    

Moving Below 30 DMA = 2

CHL, STI

Staying Below 30 DMA

RVBD, TBT, A, LNKD, LVS, SWK, TSL, TSLA, VMW, FB, ZAGG, SWI, SINA, CMG, INFA, JDSU, SOHU, MCP, ESI, ICE, MOS, ANF, CREE,  JNPR, URE, COH, CROX, VECO, CSTR, DECK, UCO, DLR, SMH, SWKS, X, WDC, CIEN, FAZ, LDK

Five Week Intermediate Term Market Trend: Neutral

Short Term Market Trend:  Up