Weekend Update (not as funny as SNL)

Sector Potential Breakouts Based On Relative Strength to S&P 500 and Moving Ave Cross

BFG Comments Things Look Ugly. Most ETFs are below 0. To be out of the woods, scores need to be above 0. Not a surprise as this was the worst January for stock returns on record.

Potential Buys Nada

Potential Sells Food & Staples Retailing Retail Trade Capital Goods Media
Recently Confirmed Sells Insurance Diversified Financials Materials Consumer

S&P 500 vs. Russell

S&P 500 remains in control. Can you say low beta.

Macro

Love It

Like It CFT HYG UUP IGE

Mixed S&P 500 EFA EEM IGE CFT HYG
Hate It TLT

Trying to Gain Favor TLT

Stock Specific

Dow Jones Stocks

+ IBM MRK BA
- Everything else


Transports

+ LSTR CHRW
- Everything else

Stocks Getting Ready to Move

+ INTC MDT BA TXN CAH AZO LH CSC GWW HRL XRAY
- TCO BMS PPS JAKK

MACD Special

+ SNDA TFSL
- PG DIS KR AMAT GOS SII IP GRMN SEE SSO (double SPY ETF long)

200 Day Upside

+ HNP NEOG

200 Day Downside

- SGP DV GVA CBST

50 Day Upside

+ BVSN

50 Day Downside

- For the second update in a row, “Where do I start?” The list is too huge. Suspects include HPQ APC HAL YUM KYO PCU among others.

Moving Average Crosses Of Note

+ JPM HON GD FCX MFE NU JAVA PRGO ENDP
- IBM GSK RIO TGT DUK ITW SU MS BHI ZMH

ETD Changes - Pullbacks and Downtrends crushing Rally and Uptrendx

+ BEC GNTX SYNA FAST
- MON PPL ECL SHLD VAL PKI STU BKS

Mighty Mouse (IBM) saves the day

Jeff Bailey of Option Investor wrote in his piece tonight rather brilliantly that, "Saturday Night Live groupies will remember comedian Andy Kaufman's lip sinking of the Mighty Mouse theme song, and at last night's close, even this morning; investor psychology looked ready to call it quits as the Financial Sectors SPDRs (XLF) $9.40 +16.33%, lead by the S&P Banks Index (BIX.X) 84.66 +12.71% were making new lows at 10:30 AM ET."

"But I'll argue that perhaps, the BIGGEST weighted stock in the Dow Industrials (INDU) 8,228.10 +3.50% "Big Blue" was just what BULLS and even some SHORT COVERING BEARS needed for the major averages to recoup the Tuesday's losses."

For those that want some humor here is that Andy Kaufman Video.

Mighty Mouse

Puts high in EEM

Put action high today in EEM as 173,642 puts traded against 54,301 calls. Trouble ahead overseas in the emerging markets.

Weekly Stock Review

Sector Potential Breakouts Based On Relative Strength to S&P 500 and Moving Ave Cross

BFG Comments Close to Many Buys. Be Patient

Potential Buys Nada

Potential Sells Cons Services Retail Banks

S&P 500 vs. Russell

S&P 500 takes control with Monday's action. Defense over offense?

Macro

Love It UUP

Like It CFT HYG

Hate It S&P 500 TLT EFA EEM IGE

Trying to Gain Favor TLT

Stock Specific

Dow Jones Stocks

+ GM KFT
- Everything else


Transports

+ LUV
- Everything else

Stocks Getting Ready to Move

+ TFSL GNTX LLTC THS
- WTM COV HRL DLM

MACD Special

+ ZN URX
- MSFT ROH ZMH SII FFIV ENER

200 Day Upside

+ PEGA

200 Day Downside

- SHW SJI

50 Day Upside

+ CYBE

50 Day Downside

- Where do I start. The list is too huge. IBM GSK OXY CAJ SU SSL APC MOS MS WU

MACD Crosses

+ KMB GENZ DV IAG CYBX
- IBM GSK RIO TGT DUK ITW SU MS BHI ZMH

ETD Changes - Pullbacks and Downtrends crushing Rally and Uptrendx

+ BEC GNTX SYNA FAST
- INTU MCO MVSN MCD LOW

Weekly Stock Review

Sector Potential Breakouts Based On Relative Strength to S&P 500 and Moving Ave Cross

Potential Buys Diversified Financials Energy Materials

Potential Sells Banks Food Staples Retailing Health Care Equipment

S&P 500 vs. Russell

Russell

Macro

Love It S&P 500 EFA EEM HYG IGE

Like It CFT UUP

Hate It TLT

Stock Specific

Dow Jones Stocks

+ HPQ MMM
- HD


Transports

+ EXPD FDX
_

Stocks Getting Ready to Move

+ MR SYK KBR WRB PRAA VMED
- MV NTLS

MACD SPecial

+ HURN stop $57
- DVA MV

200 Day Downside

- GOLD

200 Day Upside

+ ONXX TDG BVF TIVO NWPX SNS

50 Day Downside

- DV

50 Day Upside

+ MSFT AAPL CS DVN RIMM INFY ADBE CHK WFT BTU SII CP GME FST SEPR (The list is huge)

MACD Crosses

+ MSFT DVN XTO SU NKE STT KSS TYC GPS GPC NRG HK (Again the list is long)
- DVA RVBD

ETD Changes

+ NTAP WPI WEC WRLD CPO CIT VSH WAG COST
- DV ZNT DLX