All nine sectors moved
higher on Monday…XLE, XLF and XLI were the strongest sectors and XLV was the weakest.
Breadth strengthened as advancers led decliners 2.85
to 1 on the NYSE and 2.10 to 1 on the NASDAQ.
Monday – strengthened, advancers led
Friday – strengthened,
advancers led
Thursday – strengthened,
decliners led
Wednesday – weakened,
decliners led
Tuesday – weakened,
decliners led
Monday- weakened,
advancers led
SPY up 2.51 at 208.25 on 95.9 million shares
VIX down .56 at 14.51…
TNX up .15 at 19.63…
TLT down .65 at 130.41…
XLF up .35 at 24.28 on 35.2 million shares
AAPL up 3.12 at 126.37 on 46.9 million shares
FB down .10 at 83.19…on 24.5 million shares
Technical Commentary:
QQQ +
1.15%, SPY + 1.22%, IWM + 1.36%, DIA + 1.46%.
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 = 212.24...
QQQ = 108.94…
IWM = 126.22…
Support Levels
SPY = 205.86, 203.49...
QQQ = 105.38, 104.44…
IWM = 122.77, 121.22, 119.83...
Q4 Earnings Reaction
Positive Reactions – DGLY, CTRP, JUNO, KBH, MFRM,
NKE, AVGO, CRM, MNST, ROST,
ADSK, GOGO, SPWR, ESRX, CMCSA, ANGI, CAR, INTU, JWN, RAX, MAR, NEM, PCLN, Z, TRIP,
FEYE, CSCO, NVDA, AKAM, WFM, Z, EEFT, TMH, CTLT, SKX, NTES, WCG, ADP,
ATVI, CTSH, FISV, ONNN, ORLY, SIRI, UA, VRSN, AMZN, AAPL, ALXN,
BRCM, BX, CAVM, CELG, EA, FB, FSL, GLW, HOG, JNPR, TSCO, TSS, TUP, VIAB, WDC,
X, NFLX, ALK, BHI, CREE, DAL, EBAY, ETFC, GE, HON, KMB, LUV, MXIM,
SBUX, SWKS, TRV, UAL, UNH, UNP, SNX, LLTC, TSM
More than 10% - DGLY, CTRP, JUNO, AVGO, MNST, CRM, SPWR, ANGI, UPL, TRIP,
FEYE, EEFT, TMH, MLM, SEE, LNKD, TWTR, UBNT, ONNN, AMZN,
BIIB, NFLX, FSL, EA, TUP, X
Negative Reactions – YOKU, XONE, JCP, SPLK, LL, LC, HPQ, SCTY, ZU, ZNGA, NTAP,
BIDU, TSLA, HSIC, KRFT, SFUN, SOHU, ATML, CHRW, FOXA, GILD, GMCR,
SRCL, SYMC, WYNN, QCOM, JDSU, RCL, BABA, PCAR, YHOO, MSFT, STX,
VRTX, AAL, ZION, AXP, ALTR, FFIV, IBM, ISRG, JNJ, KLAC, KSU, MCD, STT,
XLNX, AA, BAC, C, JPM, WFC,
More than -10% - YOKU, LL, LC, TPX, ZU,
ZNGA, EXPE, GPRO, YELP, P, TPX, QCOM, FFIV, KBH,
Reversal in progress –
ZNGA, AXP, BIDU, FFIV, GILD, ISRG, JCP, JDSU, JNJ, KLAC, MSFT, NTAP, RCL, SOHU,
STX, YHOO
Reversal of Initial
Reaction – AA, AAL, ALTR, ATML, C, BAC, CHRW, FOXA, GMCR, HSIC, IBM, JDSU, JPM, KSU, MCD, PCAR,
QCOM, SFUN, SRCL, SYMC, STT, TPX, TSLA, WDC, WYNN, VRTX, WFC, XLNX, ZION
The SPX Market Forecast is down at 39.
___________________
Setups
Horizontal Breakout: ETFC,
JUNO, XLNX,
Diagonal Breakout: BABA,
SCHW, MTW,
Bull Flag:
Potential Bullish
Divergence:
Gap Up:
Gap Down:
Bear Flag:
At Support:
C- Pattern:
Moves
New Highs: AMBA, VRSN,
EA,
H Breakout: NTES,
PANW, RCL, CCL,
D Breakout: CYBR,
Breakout Test:
Bull Flag Bounce:
Bounce: AIG, ATI, BAC,
BX, C, CIEN, CREE, DGLY, FSLR, IBM, JCP, MFRM, SCSS, SLCA, STI, UBNT, X, Z,
ZION, AA, EMC, HOG, JDSU, JNPR, KNDI, LVS, ZU, AAPL, ADSK, CMCSA, DTV, ESRX,
GMCR, NFLX, NTAP, PCLN, QCOM, ROST, TSLA, WYNN,
MACD Divergence Bounce:
CAR,
Gap Up: SPY, IWM, DAL,
FAS, MS, NKE, TPX, GLW, AAL,
Gap Down:
C- Pattern:
Bear Flag:
Support Break: BBRY, ANGI, YOKU,
______________________
86 out of 100 NDX stocks closed higher
on Monday.
Leading NDX 100 stocks included: CTRX, ADI, ESRX, SPLS, TSLA, BRCM, QCOM, VIP,
MDLZ, AAPL
Lagging NDX stocks included: ALTR, MYL, INTC, VOD, DISCA, SBAC, LVNTA,
YHOO, GILD, AMAT
Leading stocks > +2% on Monday:
JUNO, AMBA, DGLY, UPL, FAS, SLCA, UBNT, ATI, X, JCP, MFRM, SCSS, ZION, GPRO,
TPX
Lagging stocks < -2.0% included: BBRY, CMGE, CSIQ, QIHU, VXX
