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.

Shhhh...Listen

The DJIA continues to flirt with new all time high during the last trading session. The DJT did close with another new all time high and the Nasdaq 100 made another new multi-year high. While the SP500 trying to get back to new high territory, the Russell 2000 is making an effort to catch up. As this mixed performance from the market persist near new high territory, jitter and paranoia elevate amongst the traders. But for the market watchers, the message emanate from the market is newer closing high is forth coming for the DJIA. As always, the market only send message to inform us its intention, but never send out message to inform us when and how it will achieve what it intended to do.

As the DJIA work its way into another new closing all time high, here are some stocks in the DJIA index that might help propel the index into a new closing all time high.

Am I Crazy?

After having many stocks lose 20% or more in the recent weeks, and the DJIA loss slightly more than 546 points in 6 days, am I crazy to say the DJIA could be getting ready to make another attempt to close with a new all time high. Absolutely not, but of course I could be wrong. However, I will not be surprise to hear others echoing what I just said after they have start noticing what I will present to support my hypothesis.

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.

Recap For 3/26/2014

Here is a video on the market along with some of the stocks that were mentioned in the recent days.

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

Shifting

The market remains near the all time high territory while some of the recent high flyers starting to give way. Many that have been benefiting from this prolong market run up feel they are invincible. This is typical in a market that has gone so far without a major shakeout and near the climax phase.

Stocks To Watch - 3/10/2014

Although the market appears to be setting up for a pull back, but there are still stocks with good setup for possible long. Here are three stocks; MMM, GE, and HK that might be worthwhile keeping an eye on for potential upside breakout.