Four of nine sectors moved higher on Monday…XLE, XLI, and XLF were
the strongest sectors…XLP was the
weakest sector.
Breadth weakened…advancers
led decliners…1.32 to 1 on the NYSE and 1.21 to 1 on
the NASDAQ…
Monday
– weakened, advancers led
Friday – strengthened,
advancers led
Thursday – weakened,
decliners led
Wednesday – weakened,
advancers led
Tuesday – strengthened,
advancers led
SPY
down .01 at 166.93…volume 85 million shares
VIX
up .57 at 13.02…
TNX
up .16 at 19.65…
TLT
down .14 at 116.92...
XLF
up .04 at 19.9…volume 32.8 million shares
AAPL
up 9.67 at 442.93…volume 16.1 million shares
FB
down .49 at 25.76…volume 42.3 million shares
Technical Commentary:
IWM + 0.16%, QQQ – 0.15%, SPY – 0.01% and
DIA – 0.07%.
Energy stocks led the sectors gaining 4% on Monday with the XLE
gaining 1.41%.
BIDU rose on Monday to close up 5.77 up 6.09%.
GOLD rose 4.14% and PCLN was up 28.84 to close Monday up
3.54%.
AAPL was up 9.67 up 2.23%.
It’s time to move stops up to protect profits as traders stay with the trend.
Trade what you see on the chart of your position. The intermediate term trend is up with a horizontal resistance breakout setup. Traders should lock in profits when targets
are reached. As always look
for re-entry according to your rules.
Chart Signals Strategy Guidelines
Technical setups for
short-term option trades be in and out by earnings release.
Over earnings release use earnings option strategies such as straddles, strangles, OTM calls
or puts.
After earnings look for
bullish setups in positive reaction stocks and bearish setups in negative
reaction stocks.
EPS Reaction Summary
EPS Gainers – CSCO, A, MCP, WCRX, NVDA, PCLN, GMCR, GRPN,
TSLA, EA, DVA, WFM, CTSH, DTV, LBTYA, AIG, ADP, CBOE, REGN, FB,
BZH, EXPD, GM, MDC, STX, V, YELP, ICE, JRCC, VIAB, CMCSA, DDD,
AVP, HLF, CERN, CVX, DHI, TWC, ANGI, AKAM, ALXN, ALTR, BIIB, COG,
CLF, CROX, DOW, ESI, FFIV, HOG, LRCX, LVS, MO, PHM, RCL, SIAL, XLNX, BA,
BRCM, GLW, HES, DAL, COH, DD, NFLX, ILMN, VECO, LCC, RF, ZION, TRV, LMT,
CAT, CHKP, HAL, HAS, CMG, GOOG, KMB, STI, MSFT, BTU, PEP, UNP, VZ, MAT,
AXP, JNJ, INTC, KO, C, APOL
EPS Losers – DISH,
XRAY, ATVI, RAX, MNST, Z, LNKD, TPX, ZAGG, CTRX,
GRMN, MRK, SWI, AMZN, BIDU, CRUS, DECK, EXPE, HSY, KLAC, MXIM, QCOM,
PTEN, ABC, MMM, AMGN, T, JNPR, PNRA, VMW, GE, IBM, ISRG, MCD, MS,
PM, UNH, SNDK, EBAY, BAC, USB, GS, LLTC
Key Earnings this week:
CRM, GME, P, NTAP, ROST, SHLD,
The Market Forecast Green Line is
in the Upper Zone.
____________________
Setups
H Breakout: AKAM,
AMAT, AMZN, ATVI, ESRX, SIRI, STX, CNX, LVS, P, SSYS, TBT,
Diagonal Breakout: CTSH,
DELL, GILD, CLF,
Bull Flag: ADBE,
CELG, CMCSA, COST, CSCO, DTV, EBAY, FAST, GOOG, GRMN, MAT, MNST, MU, NVDA,
ORCL, ROST, SHLD, SNDK, TXN, XLNX, YHOO, ANGI, CIEN, CREE, FIVE, GRPN, JNPR,
LNKD, NFLX, RCL, TPX, TSLA,
Potential Bullish Divergence:
Gap Up:
Gap Down:
Bear Flag:
At Support: FB, ALK,
Moves
New Highs: MSFT, WYNN,
C, CMG, CRM, FAS, GLW, GS, STI, ZION,
Gap Up: PCLN, QCOM, DDD,
NTES, SPLK,
Gap Down: NTAP,
H&D Breakout: AMGN,
BIDU, FSLR, SOHU, SWI, UNG, WLT,
Bounce: ANR, BBRY, GLD,
JCP,
MACD Divergence Bounce: GLD,
Bear Flag:
Support Break: BBBY,
______________________
22 of 100 NDX stocks closed higher
on Monday…one was unchanged…
Leading NDX 100 stocks included: BIDU, GOLD, PCLN, AAPL, ATVI,
WYNN
Lagging NDX stocks included:
AMGN, ALXN, VRTX, CMCSA, BBBY, SNDK, MDLZ, CTRX
Leading stocks > +2% on Monday included: TSL, LDK, MCP, HLF, CDE, SOHU, ANR,
NTES, AKS, ESI, SSYS, SINA, X, ATI
Lagging stocks < -2.0% included: VMW, CIEN
Stocks to Watch on Tuesday
Holding Above 30 DMA= 80
ADP, GILD, BIIB, MAT, PAYX, YHOO,
SBAC, MSFT, SRCL ,REGN, VOD, LIFE, ROST, WYNN, DLTR, INTC, DTV, NWSA, SBUX,
VRTX, WFM, COST, WDC, AKAM, AMAT, GOOG, NVDA, SIAL, SIRI, STX, TXN, BMC, BRCM,
CA, ALXN, ESRX, ORLY, PCAR, XLNX, CERN, AAPL, FOSL, KLAC, LINTA, MCHP, XRAY,
CHKP, ORCL, SHLD, VIAB, EQIX, VMED, LBTYA, CELG, EXPD, GRMN, LLTC, MYL, PCLN,
ADI, MU, NTAP, SPLS, ALTR, BIDU, HSIC, FISV, SNDK, AVGO, EBAY, FFIV, AMZN,
ATVI, CSCO, FAST, QCOM, PRGO, MNST, DISCA, CTXS
Moving Above 30 DMA = 0
Moving Below 30 DMA = 5
BBBY, CHRW, CMCSA, MDLZ, VRSK
Staying Below 30 DMA
ADSK, ADBE, AMGN, EXPE, SYMC,
STRZA, MXIM, FB, GOLD, ISRG, CTRX, NUAN, CTSH, DELL, INTU
Five Month Intermediate Term Market Trend: Up
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