IWM, XLY, Make New All-time High Close…QQQ, SPY, DIA Pause…EPS Gainers EW, WYN Lead SPX…

• SPX forms potential shooting star at resistance. 
• Three sectors were positive led by healthcare XLV and consumer discretionary XLY. 
• VIX rose +0.09 to 10.85.
• Oil falls -0.15 to 49.21
• VZ +1.41% after earnings leads DJIA.
• EW +10.49% and WYN +9.02% after earnings lead SPX.
• NCLH +3.29% leads NDX.
• Short-term, intermediate and long term up trend intact.

Up: IWM,

Down: SPY, DIA, QQQ

Uptrend sectors:  XLB, XLI, XLK, XLP, XLY, XLRE, XLV,

Look for a potential bounce in stronger stocks like: MU, V, HAS, ETFC, SWKS,

One Day Pullback:  ADBE,

Bounces included:

Potential Breakouts include: SPY, DIA, AVGO, V, WDC, MXIM, PAYX, ROST, WBA, TXN, AMZN, TSLA, ADP, AAL, KEY, NVDA, ARNC

                  (click image to enlarge)

Breakouts: MAR, IWM, NCLH, COST,

New Highs MAR, IWM, XLY, EA, EXPE, FB, WMT, UNH, HD, MCHP, SBUX, ATVI,  PYPL, QQQ, MCD, ADSK, AMAT, JD, LRCX, MSFT, BABA, DIS, CSX,

Earnings this week:

Monday:  HAS, HAL, ITW, KMB, AA, WHR, ZION, ESRX,

Tuesday: DD, BHI, BIIB, GLW, KO, MMM, FCX, CMG, T, WYNN, ILMN, JNPR, EW, TXN

Wednesday: WYN, UTX, PG, AMGN, CTXS, FISV, PYPL, TSCO, XLNX, ALK, BA, PEP,

Thursday: AAL, ALXN, AMZN, BMY, CELG, CERN, CMCSA, CME, F, GOOGL, INTC, KLAC, LUV, MSFT, SBUX, SWKS, UAA, UPS, VRSN, WDC

The intermediate and long-term trends are still up.

6-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Up

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