Stock Futures Pull Back Prior To Open...BABA Trading Heavily & Gains 8.09%...TRIP Downgraded...US Home Prices Rise .4%...

BMO – ES – 5.00…and NQ – 4.00…stock futures point to a LOWER open…

SPY is …down .60…

XLF is …

Euro is unchanged…

TLT is …up .48…

Quoting Up: YHOO, JD, BIDU, STX, WDC, TSCO, SPLS, GILD, BIIB, BABA, TASR, CRUS, QIHU, MBLY, SINA, NKE

Quoting Down: LLTC, ADI, PCAR, CHRW, LRCX, CHTR, JBLU, LVS, AMBA, CIEN, SVXY, FSLR

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

SPX End Lower...Energy Stocks Finish Weaker...Making New Highs Today MSFT. FB, RCL, VRSN, PCLN, & SBUX...

Two sectors moved higher on Monday…XLY, XLV and XLP were the strongest sectors while XLE was the weakest sector.

Breadth weakened on the NYSE as decliners led advancers 1.65 to 1 on the NYSE and 1.61 to 1 on the NASDAQ.

Monday – weakened, decliners led

Friday – weakened on the NYSE, advancers led

Thursday – strengthened, advancers led

Wednesday – weakened, decliners led

Tuesday – strengthened, mixed

SPY down .51 at 207 on 68.4 million shares

VIX up .83 at 15.29…

TNX up .25 at 20.58…

TLT down .82 at 124.02…on 5.8 million shares

XLF down .10 at 24.04…on 19.8 million shares

AAPL down 3.80 at 115.28 on 66.2 million shares

FB up 1.58 at 103.77 on 25.9 million shares

Technical Commentary:

QQQ +0.06%, DIA -0.20%, SPY -0.25%, IWM -0.68%.

QQQ/NDX end slightly higher on strength in MSFT, AMZN, FB, GOOG, PCLN, BIDU, AMGN, CELG, GILD, REGN, TSLA and SBUX.  FB new all-time closing high at 103.77.

AAPL moves lower and drags down semis on Monday, reports EPS after the close on Tuesday.  FOMC starts two-day meeting on Tuesday, announcement on Wednesday at 2 pm ET.

The SPX Market Forecast is at 95.

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

Earnings this Week:

Monday – BRCM, CHKP, GLW, MGM, PBR, SOHU, SWI

Tuesday – AAPL, AKAM, BMY, DD, FISV, GILD, GRUB, JBLU, NCLH, PCAR, TWTR, SLCA, UHS, VDSI, VRSK, YNDX, MRK, PFE, CMCSA, ESRX,

Wednesday – AMGN, AXTA, BWLD, CAVM, GRMN, GD, GPRO, MCHP, NXPI, ORLY, PYPL, VLO, VLKAY, YELP, MAR, CRUS,

Thursday – AET, ALXN, MO, BIDU, CME, DB, EA, EXPE, FSLR, GT, LC, LNKD, MA, SCTY, TPX, VA, WWE

Friday – ABBV, CBOE, CVX, CVS, XOM, MYL, PSX

__________________

Setups

Horizontal Breakout: QQQ, BAC, BX, C, CCL, CRM, ETFC, JUNO, MPEL, NCLH, NTES, SCHW, SFUN, ULTA, CAR, SPWR, TWTR, UAL, CMCSA, EA, LRCX, MAR, YHOO,

Diagonal Breakout: IWM, JBLU, LVS, VXX, ZION, BBRY, CREE, GLUU, LITE, RAX, SHAK, MYL,

Bull Flag: GME, TSL, W, KNDI

At Support: CRUS, DDD, SCSS, WDC, WFM

Moves

New Highs: RCL, VRSN, FB, MSFT, PCLN, SBUX,

H Breakout: CIEN, SOHU, SONC, YNDX, GILD,

D Breakout: PLAY, AKAM, CELG

MACD Divergence Bounce: UA, FEYE, TSLA,  

Bounce: CYBR, EXPE, TPX, FL, YELP, GOOGL, NFLX,

Gap Up: CSIQ, CTRP, TASR, ADSK, BIDU,  

Gap Down: UNG, NTAP

Support Break: AA, HPQ, DGLY, UPL,

______________________

52 of 100 NDX stocks closed higher on Monday.

  

80 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 2

BRCM, MU

6-month Intermediate Term Market Trend: Neutral

3-day Short Term Market Trend: Neutral

Stock Futures Even Before Opening...CTRP Soars After Upgrade Climbing 18.58%...CSIQ Advances 9.09%...

BMO – ES – 1.50…and NQ – 3.50…stock futures point to a LOWER open…

SPY is …down .55…

XLF is …down .07…

Euro is unchanged…

TLT is …up .76…

Quoting Up: CTRP, CSIQ, TASR, PYPL, SHAK, FL, BIDU, CERN, COST, EXRX, BRCM, TSLA,

Quoting Down: VSLR, CRUS, SVXY, JNPR, SWKS, BMRN, WFM, MU, REGN,

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

MSFT, AMZN, GOOGL EPS Lead...Market Higher for Fourth Straight Week...FB New High Closes Above $100...

Six sectors moved higher on Friday…For the week XLK, XLI and XLF were the strongest sectors while XLV was the weakest sector.

                      (click image to enlarge)

Positive earnings gaps on MSFT, AMZN and GOOGL caused the gap on XLK on Friday, while steady non-earnings gains from AAPL, AVGO, INTC, FB, INTU, EA and ADP contributed to XLK being the leader sector this week.

Breadth weakened on the NYSE and strengthened slightly on the NASDAQ as advancers led decliners 1.45 to 1 on the NYSE and 1.96 to 1 on the NASDAQ.

Friday – weakened on the NYSE, advancers led

Thursday – strengthened, advancers led

Wednesday – weakened, decliners led

Tuesday – strengthened, mixed

Monday – weakened, mixed

SPY up 2.25 at 207.51 on 144.4 million shares, 12% above average volume

VIX up .01 at 14.46…

TNX up .58 at 20.83…

TLT down 1.06 at 123.20…on 7.0 million shares

XLF up .26 at 24.14…on 37.2 million shares, average volume

AAPL up 3.58 at 119.08 on 59.3 million shares, 20% above average volume

FB up 2.52 at 99.67 on 42.8 million shares, 54% above average volume

Technical Commentary:

QQQ +2.80%, SPY +1.10%, IWM +0.99%, DIA +0.90%.

                    (click image to enlarge)

The SPX Market Forecast is at 95.7.

Strong earnings reactions from MSFT, GIME, UAL and AMZN…

                   (click image to enlarge)

VRSN, GOOGL, JNPR, ETFC…

                   (click image to enlarge)

and RCL helped lift the market as big money rotated from negative reactions on SKX, WHR, STT, P and other losing stocks on Friday.

                   (click image to enlarge)

Going into Next Week:

Next week look at the financial sector which has been one of the weakest sectors for opportunities.  This week FAS and XLF broke through horizontal resistance and many financial stocks have already reported earnings.

Look at our list of Bull Flag and Horizontal Breakout Setups for next week for potential entry signals.  Also keep an eye on the stocks our New High list today as they could be potential Bull Flag Setups sometime in the next ten trading days.

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

Earnings this Week:

Monday – HAL, HAS, HA, IBM, MS, STLD, UTX, ZION

Tuesday – ATI, CMG, HOG, IBKR, ISRG, LMT, MANH, RF, TRV, VZ, VMW, YHOO

Wednesday – ABT, AXP, BHI, BA, CA, CTXS, KO, EBAY, GM, LVS, OSTK, SNDK, TXN, TSCO,

Thursday – MMM, ALK, AMZN, T, ETFC, FCX, FTNT, GIMO, JNPR, LLY, NDAQ, NUE, P, SIRI, SKX, LUV, SRCL, SWK, UA, UAL, VRSN

Friday – AAL, RCL, STT, VFC, WHR

Earnings next Week:

Monday – BRCM, CHKP, GLW, MGM, PBR, SOHU, SWI

Tuesday – AAPL, AKAM, BMY, DD, FISV, GILD, GRUB, JBLU, NCLH, PCAR, TWTR, SLCA, UHS, VDSI, VRSK, YNDX, MRK, PFE, CMCSA, ESRX, 

Wednesday – AMGN, AXTA, BWLD, CAVM, GRMN, GD, GPRO, MCHP, NXPI, ORLY, PYPL, VLO, VLKAY, YELP, MAR, CRUS,

Thursday – AET, ALXN, MO, BIDU, CME, DB, EA, EXPE, FSLR, GT, LC, LNKD, MA, SCTY, TPX, VA, WWE
Friday – ABBV, CBOE, CVX, CVS, XOM, MYL, PSX 

__________________

Setups

Horizontal Breakout: ADBE, CELG, JD, LRCX, SWKS, YHOO, DAL, BAC, BX, CCL, CIEN, CRM, ETFC, LVS, STI, SVXY, ZION

Bull Flag: PCLN, CSIQ, GLD, HPQ, MS, NKE, QIHU, SONC, TSL, W,

Potential Bullish Divergence: BBY, PLAY

Bear Flag: IBM, UBNT,

Moves

New Highs: AMZN, EBAY, FB, GOOGL, INTC, MSFT, NTAP, QCOM, SBUX, SNDK, TXN, DAL, FAS, JNPR, NTES, RCL, SINA, VRSN

H Breakout: BABA, C

Bull Flag Bounce: MU, WYNN, LVS

Bounce: NFLX, X,

Gap Up: QQQ, SPY, GIMO, MSFT, UAL, AMZN, GOOGL, ETFC, JNPR, RCL, SCHW,  

Gap Down: P, SKX, FTNT, SRCL, VFC

______________________

75 of 100 NDX stocks closed higher on Friday.

82 NDX stocks are above their 30 DMA.

NDX Stocks to Watch on Monday:

Moving Above 30 DMA = 7

BBBY, ESRX, JD, MU, PCAR, VRTX, WYNN

Moving Below 30 DMA = 2

CA, SRCL

6-month Intermediate Term Market Trend: Neutral

3-day Short Term Market Trend: Up

Stock Futures Leap...After Price Target Raise GOOG Up 11.54% & MSFT Up 10.14%...P Slumps After Downgrade -31.06%...China Cuts Interest Rates...

BMO – ES + 16.00…and NQ + 61.00…stock futures point to a HIGHER open…

SPY is …up 2.30…

XLF is …up .17…

Euro is down 60 pips…

TLT is …down 1.51…

Quoting Up: BABA, GPRO, SFUN, TSL, QIHU, X, SVXY, TASR, RCL, GOOG, MSFT, AMZN, JD, BIDU, ILMN, YHOO, FB, ATVI,  

Quoting Down: P, VXX, PANW, TLT, SRCL, TSCO

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

QQQ Breakout on EBAY, CTXS, TXN EPS...After Hours AMZN, GOOGL Gap Up...Strong Earnings Lead Stocks Higher...

Eight sectors moved higher on Thursday…XLI, XLB, XLK were the strongest sectors while XLV was the weakest sector.

Breadth strengthened as advancers led decliners 2.93 to 1 on the NYSE and 1.77 to 1 on the NASDAQ.

Thursday – strengthened, advancers led

Wednesday – weakened, decliners led

Tuesday – strengthened, mixed

Monday – weakened, mixed

Friday – weakened, mixed

SPY up 3.41 at 205.26 on 174.1 million shares

VIX down 2.25 at 14.45…

TNX down .05 at 20.25…

TLT up .21 at 124.26…on 6.9 million shares

XLF up .38 at 23.88…on 48.7 million shares

AAPL up 1.74 at 115.50 on 41.1 million shares

FB up 2.56 at 99.67 on 26.1 million shares

Technical Commentary:

IWM +0.88%, SPY +1.69%, DIA +1.94%, QQQ +2.04%.

EBAY, CTXS and TXN gapped higher on positive EPS reaction leading the NDX through horizontal resistance.

After-hours AMZN, GOOGL gap higher, SKX gaps lower.

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

Earnings this Week:

Monday – HAL, HAS, HA, IBM, MS, STLD, UTX, ZION

Tuesday – ATI, CMG, HOG, IBKR, ISRG, LMT, MANH, RF, TRV, VZ, VMW, YHOO

Wednesday – ABT, AXP, BHI, BA, CA, CTXS, KO, EBAY, GM, LVS, OSTK, SNDK, TXN, TSCO,

Thursday – MMM, ALK, AMZN, T, ETFC, FCX, GIMO, JNPR, LLY, NDAQ, NUE, SIRI, SKX, LUV, SWK, UA, UAL, VRSN,

Friday – AAL, RCL, STT, WHR

Short-term Chart Targets:

SPY =...204.15, 205.38…

QQQ = 108.46, 109.03…

IWM = 116.30, 118.55…

Support Levels

SPY = 201.92, 198.94...

QQQ = 105.49…

IWM = 112.66...

The SPX Market Forecast is pointed up at 97.

__________________

Setups

Horizontal Breakout: AIG, GME, JCP, PYPL, SINA, AAPL, BIDU, LRCX, MAR, MSFT, ROST,

Diagonal Breakout: IWM, LITE, CELG, GILD,  

Bull Flag: EXPE, QIHU, W, KNDI, TWTR, YY, PCLN,

Potential Bullish Divergence:  

Gap Up: 

Gap Down: 

Bear Flag:  

At Support: AA, OCN,

C- Pattern: 

Moves

New Highs: DAL, COST, FB, SBUX,

H Breakout: QQQ, CIEN, AVGO, BRCM, EA, INTC, MNST,

D Breakout: ETFC, SWKS, GIMO, LNKD,  

Bull Flag Bounce: BAC, C, CRM, SVXY, TPX, V, VRSN, GLW, JASO, VIAV, ADBE, AKAM, AMZN, GOOGL,

MACD Divergence Bounce: PANW,   

Bounce: BABA, CCL, CYBR, ETSY, HOG, IBM, MS, PLAY, RCL, SCTY, UBNT, ATI, CREE, MTW, RAX, SPLK, SSYS, UAL, ADSK, GOOGL, ILMN, NTAP, STX,

Gap Up: MFRM, EBAY, TXN,   

Gap Down:   

C- Pattern:    

Bear Flag:  

Support Break: AMBA, UA, MYL,

______________________

Watch List Stocks

Leading stocks > +2% on Thursday: SVXY, ETSY, SWKS, FAS, X, PANW, ETFC, PYPL, DAL, MS, RPD, CIEN, HOG, IBM, SCTY, SINA, BABA, GME, QQQ SCHW, CRM, CYBR

           

Lagging stocks < -2.0% included: VXX, UA, AMBA, W

87 of 100 NDX stocks closed higher on Thursday.

Leading NDX 100 stocks included: EBAY, CTXS, TXN, NXPI, VIP, LLTC, GILD, STX, TSCO, CTSH

Lagging NDX stocks included: MYL, ESRX, CERN, BMRN, WDC, WYNN, LBTYA, WFM, GMCR, PCLN

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 12

AKAM, ALXN, AVGO, BRCM, CA, CELG, CTXS, EBAY, FAST, GILD, SPLS, VOD

Moving Below 30 DMA = 2

ESRX, WFM

6-month Intermediate Term Market Trend: Down

3-day Short Term Market Trend: Neutral

Stock Futures Climb... EURO Plunges...On Tract For Largest Daily Decline Since August...TXN Price Target Raised...

BMO – ES + 13.00…and NQ + 34.75…stock futures point to a HIGHER open…

SPY is …up .40…

XLF is …up .04…

Euro is down 147 pips…

TLT is …down .32…

Quoting Up: SUNE, LVS, JBLU, PYPL, FAS, CYBR, TXN, CTXS, EBAY, TSCO, LLTC, VOD, LLTC, NXPI, WYNN, JD, STX, SWKS,

Quoting Down: UA, BX, VXX, CRUS, FSLR, MYL, ATVI, AMGN, KHC,

Follow your rules entry and exit…and always remember to adjust stops to protect profits also according to your rules…

SPX Pullback at Resistance...Small Caps Roll...Earnings Gap Up and Down...

Two sectors moved higher on Wednesday…XLI, XLP, XLU were the strongest sectors while XLE was the weakest sector.

Breadth weakened as decliners led advancers 2.46 to 1 on the NYSE and 2.87 to 1 on the NASDAQ.

Wednesday – weakened, decliners led

Tuesday – strengthened, mixed

Monday – weakened, mixed

Friday – weakened, mixed

Thursday – strengthened, advancers led

SPY down 1.24 at 201.85 on 101.8 million shares

VIX up .95 at 16.70…

TNX down .41 at 20.30…

TLT up 1.22 at 124.05…on 6.6 million shares

XLF down .17 at 23.50…on 23.7 million shares

AAPL down .01 at 113.76 on 42.2 million shares

FB up .11 at 97.11 on 21.9 million shares

Technical Commentary:

DIA -0.31%, SPY -0.61%, QQQ -0.61%, IWM -1.52%.

Positive earnings reactions included MANH +5.88%, GM +5.79%, ISRG +5.58%, BHI +2.33%, SNDK +2.11%, BA +1.66% and ABT +1.10%.

Negative earnings reactions included VMW -19.40%, CMG -5.66%, IBKR -5.66% and YHOO -5.21%.

After the close EBAY +8.43%, CTXS +6.56%, TSCO +4.35%, LVS +3.54% and AXP -3.79%.

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

Earnings this Week:

Monday – HAL, HAS, HA, IBM, MS, STLD, UTX, ZION

Tuesday – ATI, CMG, HOG, IBKR, ISRG, LMT, MANH, RF, TRV, VZ, VMW, YHOO

Wednesday – ABT, AXP, BHI, BA, CA, CTXS, KO, EBAY, GM, LVS, OSTK, SNDK, TXN, TSCO,

Thursday – MMM, ALK, AMZN, T, ETFC, FCX, GIMO, JNPR, LLY, NDAQ, NUE, SIRI, SKX, LUV, SWK, UA, UAL, VRSN,

Friday – AAL, RCL, STT, WHR

Short-term Chart Targets:

SPY =...204.15, 205.38…

QQQ = 108.46, 109.03…

IWM = 116.30, 118.55…

Support Levels

SPY = 201.92, 198.94...

QQQ = 105.49…

IWM = 112.66...

The SPX Market Forecast is pointed up at 93.7.

__________________

Setups

Horizontal Breakout: GME, JCP, ULTA, AAPL,

Diagonal Breakout: LITE,  

Bull Flag: IWM, SPY, QQQ, C, CRM, DAL, JBL, JUNO, MBLY, MPEL, QIHU, SVXY, JASO, VIAV, YNDX, YY, ADBE, AMZN, BIDU, GILD, GOOGL 

At Support: AA, AMBA, TASR, TPX, ATI, SCSS  

Moves

New Highs: COST,

H Breakout: CRUS,  

D Breakout: GMCR

MACD Divergence Bounce: VXX 

Gap Up: SWI,   

Gap Down: EMC, TWTR

Support Break: CYBR, PANW, RPD, RUN, SEDG, SUNE, FOGO, UNG, MYL, YHOO,

______________________

Watch List Stocks

Leading stocks > +2% on Wednesday: SWI, VXX, CRUS, GME

           

Lagging stocks < -2.0% included: SUNE, RPD, SVXY, CYBR, RUN, ETSY, AMBA, SEDG, X, SOHU, TSL, FIT, CSIQ, GPRO, PANW, FSLR, SCTY, QIHU, BABA, AA, PLAY, PYPL, ZION, JUNO, SUM, HOG, FAS, MS, JBL, CRM, ETFC

26 of 100 NDX stocks closed higher on Wednesday.

Leading NDX 100 stocks included: KLAC, ISRG, BIIB, GMCR, ADI, SNDK, GRMN, LRCS, ALXN, REGN

Lagging NDX stocks included: VIP, CHTR, CTXS, YHOO, WDC, MYL, MU, WYNN, STX, ILMN

NDX Stocks to Watch on Wednesday:

Moving Above 30 DMA = 1

ISRG

Moving Below 30 DMA = 7

AKAM, CA, CTXS, MU, WYNN, CHTR, JD

6-month Intermediate Term Market Trend: Down

3-day Short Term Market Trend: Neutral/Down