Santa Claus Came Early

It appears Santa Claus came early this year to the stock market. In this weekly stock market update analysis, we will review the SP500, gold, crude oil, and the trade setup for these stocks: BA, DIS, AXP, NFLX, ORCL, FB, WYNN, LVS, BABA, PTON, BYND, ROKU, TSLA, LYFT, UBER and many more.

Stock Technical Analysis On Tradingview

I have recorded my stock technical analysis using tradingview.com for the first time. Here are the stocks on my current tradingview watch list: BA, FEYE, NFLX, ORCL, SOGO, FB, BABA, M, TNA, UNG, GE, GES, DBC, WYNN, ADI, TXN, MXIM, HIMX, AMBA, SMG, AXP, DIS.

Market & Earnings - 7/19/2015

The market continues to push higher. The tech oriented Nasdaq 100 is getting a bit euphoric and parabolic. Earnings from AAPL and AMZN are scheduled for this week with FB on tap to report next week. In this video, we will look at the market and these stocks: AAPL, GPRO, AMZN. In addition, I have also included the chart on DIS, FB, NFLX and GOOGL that I have posted earlier on my twitter stream in this blog posting.

Charts Posted On Twitter Today - 4/16/2015

Here are some of the charts I have posted on my Twitter stream today.

Stock Watch (Something For Everyone) - 7/20/2014

Here are some stocks & ETF that might be of some interest to keep an eye on for the coming week:
DIS, KO, MMM, TRV, XOM, XLB, XLP, XLY, XME, LOW PCYC, TXN, JDSU, NTAP and HOT.

Worth Mentioning

Here are some additional stocks that are worth a mentioning of possible upside.

Three To Watch

Here are three stocks worth watching for possible swing long.

Still On Course

The SP500 made another new all time closing high today. Although it made this historical record high all by itself, but the DJ Industrials only less than 50 points away from its all time closing high. The Nasdaq 100 and the Russell 2000 participated in today’s market rally, but their current level is still some distance from their previous high. The market breadth is mixed. Therefore, until we see the DJIA makes a new all time high, the market still on course to where it is destine to be, wherever that maybe. In the meantime, be selective and defensive, and don’t extend yourself too far away from the chair. You do not want to be the one standing when the music stops.

Stocks On The Watch

Here are some stocks that might have some interesting price movement for the coming week.

Negative Breadth Developing

Once again, the market continues to march higher. The DJIA closed at another new all time high at 14,662, up 89.2 points, and the SP500 also closed at a new all time high at 1570.25, up 8.08 points. But, the DJT closed down 75.26 points at 6087.04. This created another non-confirmed DJIA closing high. Under the Dow Theory, this non-confirmation indicates a reversal is coming. In addition to the DJT closing on a down note, the Russell 2000 also closed at 934.30, down 4.48 points. Furthermore, some of the market breadth indicators are also showing sign of weakness. All of these signs of weakness and divergence are telling us the market is in the topping process and caution should be applied.

The following video take a closer look at some of the market breadth indicators and the reason for closing the newly established long position on DIS during the after hour extended session.

Click here to view the video if you do not see a video player on your screen.