Stocks End Mostly Lower...S&P 500 Has Marginal Gain To Close At Record High...Japan Hints At R-Word...Recession...

Three out of nine sectors moved higher on Monday…XLU, XLP and XLV were the strongest sectors while XLE was the weakest.

 

Breadth weakened as decliners led advancers…1.25 to 1 on the NYSE and 1.93 to 1 on the NASDAQ

Monday – weakened, decliners led

Friday – strengthened, advancers led NYSE

Thursday – weakened, decliners led

Wednesday – strengthened, advancers led

Tuesday – mixed, mixed

SPY up .19 at 204.43 on 80.4 million shares, below average volume

VIX up .68 at 13.99…

TNX up .20 at 23.40…

TLT down .20 at 119.29...

XLF unchanged… at 24.06 on 16.1 million shares

AAPL down .37 at 113.81 on 46.7 million shares

FB down .65 at 74.23…on 28.6 million shares, below average volume

Technical Commentary:

 DIA + 0.14%, SPY + 0.09%, QQQ – 0.26%, IWM -0.68%.

Trade with the trend of the chart you are trading and continue to move your profit protection stops.  Continue to follow your rules.

Short-term Chart Targets:

SPY = 204.61, 207.33...

QQQ = 103.37, 106.94…

IWM = 117.48, 119.37, 121.27…

Support Levels

SPY = 201.90, 199.61, 198.06...

QQQ = 100.56, 99.59…

IWM = 115.04, 113.35...

Earnings this week:  CMGE, CRM, GME, JASO, JD, MBLY, SPLK,

Q3 Earnings Reactions

Positive Reactions – GOGO, RAX, NTES, XONE, YOKU, VJET, BABA, MNST, WFM, ABC, ACI, AMGN, BIDU, BWLD, CBOE, CLF, CLX, CNX, EA, ESRX, EQIX, EXPE, FISV, GLW, GPRO, GRPN, GT, HSY, JCI, JDSU, LNKD, LVLT, MA, MAR, MO, MTW, MYL, PCAR, FE, SCHN, STX, SWI, SWKS, TASR, V, WY, X, WHR,  AAPL, ALK, ALXN, APOL, BMY, BRCM, CAT, CELG, CERN, CHKP, CMCSA, CNI, EMC, EW, GD, HAL, HAS, HOG, ILMN, IM, KLAC, KMB, LLY, LRCX, LXK, MMM, MXIM, MSFT, N, ORLY, PG, RMD, STLD, STT, SWK, TRV, TSCO, TXN, UNP, VRSN, WOOF, YHOO, YNDX, ZION, AMD, C, CSX, DAL, GE, HON, LVS, MS, SCHW, SLB, STI, URI, XLNX, COST, BBBY, BBRY, MU, NKE, PAYX, LULU, PANW, ULTA, MFRM, SPLK,

More than 10% - GOGO, RAX, WFM, GPRO, GPRN, LNKD, BWLD, SWI, N, EW, TSCO, NKE, ULTA, LULU, PANW, MFRM,

Negative Reactions – SINA, YY, SWKS, FEYE, FSLR, PCLN, QCOM, TRIP, SCTY, SSYS, SUNE, UBNT, Z, ZU, AEM, CHRW, COH, FB, GRMN, KRFT, MDC, MRK, NEM, PNRA, RGR, SLCA, TPX, TWTR, ALTR, AMZN, BA, BTU, CMG, CREE, DECK, DNKN, DOW, EAT, F, GM, IBM, JNPR, KO, LMT, LUV, NDAQ, P, UA, VMW, XRX, YELP, AXP, BAC, COF, EBAY, GOOGL, INTC, JNJ, JPM, KEY, MAT, NFLX, WFC, AZO, ADBE, KKD, CIEN,

More than -10% - CSIQ, FSLR, UBNT, ZU, AEM, P, TPX,

Reversal in progress – P, PCLN, TPX, NFLX, COH, GRMN, KO, MDC, VMW,

Reversal of Initial Reaction – AMZN, FEYE, SWKS, Z, BA, BAC, CHRW, CMG, COF, CREE, DECK, DNKN, DOW, EAT, EBAY, F, GM, GOOGL, INTC, JNJ, JNPR, JPM, KEY, LMT, LUV, MAT, NDAQ, UA, WFC, XRX, ADBE, ALTR, ALTR, AXP, AZO, BTU, K, KKD, KRFT, MRK, PNRA,

The SPY Market Forecast is at 92.

___________________

Setups

Horizontal Breakout: AA, HPQ, IBM, AVGO, BRCM, EXPE, INTC, MYL, STX,  

Diagonal Breakout: GPRO, X, JNPR, CMCSA,

Bull Flag: BBRY, CRM, DAL, MS, SCSS, SPLK,

Potential Bullish Divergence:  

Gap Up: 

Gap Down: 

Bear Flag:  

At Support: LOCO, SPWR, ZU,

C- Pattern: 

Moves

New Highs: SPY, EMC, MFRM, NTES, ESRX, MNST, YHOO,

H Breakout: EMC,  

D Breakout:     

Breakout Test:  

Bull Flag Bounce:  

Bounce: CAR, KNDI, Z, JASO,

MACD Divergence Bounce:  

Gap Up: UNG, DDD,    

Gap Down:   

C- Pattern:  

Bear Flag:  

Support Break: GOOGL,

______________________

42 of 100 NDX stocks closed higher on Friday and two were unchanged.

Leading NDX 100 stocks included: STX, CHTR, MNST, MYL, XLNX, VIAB, VOD, ESRX, LMCK

Lagging NDX stocks included: SPLS, DISCA, BIDU, ADBE, TRIP, TSLA, BILD, KLAC, AMZN, EXPE

Leading stocks > +2% on Monday: UNG, KNDI, Z, AMBA, XONE, WLT, CAR, GPRO

Lagging stocks < -2.0% included: JD, P, CMG, LOCO, SPLK, LNKD, GOGO, FEYE, SOHU, SFUN, TWTR, YELP, BBRY, CRM, QIHU

Stocks to Watch on Tuesday

Holding Above 30 DMA= 91

GMCR, ROST, CHRW, GRMN, MYL, SRCL, DLTR, ISRG, MNST, PAYX, REGN, ADP, ALXN, BIDU, COST, ORLY, TSCO, VRTX, XLNX, AAPL, AMGN, BBBY, CELG, ESRX, FISV, HSIC, ILMN, KRFT, MAR, PCAR, SPLS, SYMC, TXN, BRCM, YHOO, CA, CERN, CHKP, CTSH, EXPD, INTU, LBTYA, NVDA, SBAC, SBUX, STX, ADBE, ADSK,  KLAC, LMCA, MDLZ, MSFT, VRSK, AMAT, LMCK, MU, WFM, AVGO, FFIV, NTAP, NXPI, VOD, WDC, AKAM, BIIB, CTRX, DISH, EQIX, SIRI, ADI, ALTR, ATVI, CSCO, DTV, EBAY, EXPE, FAST, INTC, LLTC, MAT, MXIM, SNDK, FOXA, QCOM, TSLA, CTXS, PCLN, SIAL, AMZN, CHTR, VIAB, WYNN

Moving Above 30 DMA = 0

                                                                                                                                          

Moving Below 30 DMA = 0

                                                                                       

Staying Below 30 DMA

BIIB, GILD, GOOG, QCOM, VIP, TRIP, DISCA, FB, NFLX

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up