<$Next Day's Advance Market Decisions$>

Wednesday, August 24, 2016

DJIA Nightly Analysis Update, XRT and EXPR Wednesday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Wednesday: 42%
Trend: Rising 58%
Momentum: Falling 87%
Outlook: Bullish 73% Falling


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 85.1%

Symbol: XRT
Exchange: NYSEArca
Description: SPDR S&P Retail ETF

XRT 08/23/16 Final Numbers
(Open) 46.06
(High) 46.36
(Low) 46.00
(Close) 46.16
(Range) 0.36


XRT 08/24/16 Forecast
Opening Fair Value: 46.16
Today's Predicted High: 46.40
Today's Predicted Low: 45.92
Today's Proposed Range: 0.48
Buy/Sell Rating: Buy


Binary Ladder Pricing
47.14 Upside Potential R2
46.64 Upside Potential R1
46.40 High Level R2
46.40 Low Level R1
46.16 Pivot Point
45.92 High Level S1
45.92 Low Level S2
45.68 Downside Potential S1
45.14 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 96 Up from 94
Volume Internal Strength: Negative 0.80/0.90 Down
Current Trend: Positive 12 Down from 14
Demand Factor: 98 Down from 99
Stock Volatility: 0.12 Down from 0.56


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

46.92
46.98
47.08
47.29


Predicted Block Trading Support Levels (100,000+ shares)

45.43
45.24
45.14
45.08


XRT 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 45.77
21 DAY MOVING AVERAGE = 45.07
50 DAY MOVING AVERAGE = 43.65
65 DAY MOVING AVERAGE = 43.30
30 WEEK MOVING AVERAGE = 43.26
200 DAY MOVING AVERAGE = 43.28


Symbol: EXPR
Exchange: NYSE
Description: Express operates specialty retail stores in the United States.

EXPR 08/23/16 Final Numbers
(Open) 15.75
(High) 16.07
(Low) 15.50
(Close) 16.03
(Range) 0.57


EXPR 08/24/16 Forecast
Opening Fair Value: 15.81
Today's Predicted High: 16.26
Today's Predicted Low: 15.81
Today's Proposed Range: 0.45
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
16.48 Upside Potential R2
16.26 Upside Potential R1
16.13 High Level R2
16.04 Low Level R1
15.81 Pivot Point
15.81 High Level S1
15.59 Low Level S2
15.58 Downside Potential S1
15.44 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 73 Up from 71
Volume Internal Strength: Positive 3.30/1.93 Up
Current Trend: Positive 34 Up from 29
Demand Factor: 100 Up from 91
Stock Volatility: 0.81 Down from 1.50


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

15.81
16.07
16.35
16.39


Predicted Block Trading Support Levels (100,000+ shares)

15.75
15.71
15.44
15.19


EXPR 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 15.68
21 DAY MOVING AVERAGE = 15.14
50 DAY MOVING AVERAGE = 14.69
65 DAY MOVING AVERAGE = 14.72
30 WEEK MOVING AVERAGE = 16.77
200 DAY MOVING AVERAGE = 16.91


Wednesday, August 24

Markit's flash purchasing managers manufacturing index (PMI), existing home sales, and weekly crude inventories are due to be released on Wednesday. Express (EXPR), Guess (GES), HP Inc (HPQ), PVH Corp (PVH), ReneSola (SOL), Tilly's (TLYS), and Workday (WDAY) will hit the earnings confessional.

Good luck and good trading!

Tuesday, August 23, 2016

DJIA Nightly Analysis Update, QQQ and BBY Tuesday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Tomorrow: 58%
Trend: Falling 55%
Momentum: Falling 87%
Outlook: Bullish 73% Falling


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 84.3%

Symbol: QQQ
Exchange: NasdaqGM
Description: POWERSHARES QQQ TRUST NASDAQ 100 ETF

QQQ 08/22/16 Final Numbers
(Open) 117.09
(High) 117.55
(Low) 116.87
(Close) 117.35
(Range) 0.68


QQQ 08/23/16 Forecast
Opening Fair Value: 117.21
Today's Predicted High: 117.68
Today's Predicted Low: 117.02
Today's Proposed Range: 0.66
Buy/Sell Rating: Buy


Binary Ladder Pricing
118.01 Upside Potential R2
117.68 Upside Potential R1
117.54 High Level R2
117.45 Low Level R1
117.21 Pivot Point
117.02 High Level S1
116.88 Low Level S2
116.69 Downside Potential S1
114.75 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 87 Up from 86
Volume Internal Strength: Negative 0.60/0.60 Unch
Current Trend: Positive 45 Down from 49
Demand Factor: 100 Unch
Stock Volatility: 0.72 Down from 1.24


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

119.21
119.43
119.70
119.90


Predicted Block Trading Support Levels (100,000+ shares)

115.20
115.00
114.75
114.53


QQQ 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 117.28
21 DAY MOVING AVERAGE = 116.15
50 DAY MOVING AVERAGE = 111.96
65 DAY MOVING AVERAGE = 111.38
30 WEEK MOVING AVERAGE = 108.01
200 DAY MOVING AVERAGE = 108.82


Symbol: BBY
Exchange: NYSE
Description: Best Buy operates as a retailer of consumer electronics, home office products, entertainment products, appliances and related services in the U. S., Europe, Canada and China.

BBY 08/22/16 Final Numbers
(Open) 32.63
(High) 33.60
(Low) 32.48
(Close) 32.79
(Range) 1.12


BBY 08/23/16 Forecast
Opening Fair Value: 32.96
Today's Predicted High: 33.14
Today's Predicted Low: 32.45
Today's Proposed Range: 0.69
Buy/Sell Rating: Buy


Binary Ladder Pricing
33.48 Upside Potential R2
33.48 Upside Potential R1
33.31 High Level R2
33.14 Low Level R1
32.96 Pivot Point
32.62 High Level S1
32.45 Low Level S2
32.10 Downside Potential S1
31.98 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Negative 48 Down from 49
Volume Internal Strength: Positive 2.60/1.45 Up
Current Trend: Positive 14 Down from 19
Demand Factor: 69 Down from 82
Stock Volatility: 1.98 Up from 0.40


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

33.13
33.28
33.45
34.27


Predicted Block Trading Support Levels (100,000+ shares)

32.93
32.13
31.98
31.83


BBY 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 33.77
21 DAY MOVING AVERAGE = 33.56
50 DAY MOVING AVERAGE = 31.90
65 DAY MOVING AVERAGE = 31.85
30 WEEK MOVING AVERAGE = 31.45
200 DAY MOVING AVERAGE = 31.30


Tuesday, August 23

New home sales will hit the Street on Tuesday. Stepping up to the earnings plate are Best Buy (BBY), Intuit (INTU), JM Smucker (SJM), La-Z-Boy (LZB), Nimble Storage (NMBL), Toll Brothers (TOL), Trina Solar (TSL), and Yingli Green Energy (YGE).

Good luck and good trading!

Sunday, August 21, 2016

Stock Market Key Metrics, 2-Stock Picks "BUYS" of the Week, Trading DIA and SPY Monday, Bearish Stocks to "SELL Now", Tracking SPDR 12 SELECT SECTORS ETFs, Calendar of Economic Events & Corporate Earnings



Information provided by: www.MktMetrics.com Premium

Note: As of 7-1-16, MktMetrics no longer reports on stocks under $10.00 p/share.

Friday August 19, 2016 DJIA Closed: 18552.57 -45.13 vs. 18576.47 -37.05 Prior week, .28% ABOVE its RISING 21-day moving average of 18501.31 vs. 18492.20 Prior week. (Overbought: Above 21-DMA +4.61 reached on 10-23-15) vs. (Oversold: Below 21-DMA -6.21% reached on 1-15-16 (Historic High: 10.56% on 3-26-09 vs. Historic Low: -26.03% on 5-7-10). Upper 3.5% band: 19148.90U vs. Lower 3.5% band: 17853.80U

DJIA Least Squares Regression Channel Top: New High 19,374U and Channel Bottom: Rose 16,892U.) Historic High 19,375.54 8-19-16, bottomed 3-24-16 Low 15,542.

DIA Trend: 8-day M/A 185.92U vs. 21-day M/A 185.00U Spread: +0.92U vs. +0.19U Prior Week ("M/A Trend Crossover BUY Signal" occurred on 8-12-16.) (Historic High Spread: +5.30 11-7-14 / Historic Low Spread: -7.14 8-15-11). (*A Favorite Indicator as the Spread acts as an early warning signal of a shift in portfolio positions by smart money moving in, or out, of the DIA.)

DIA Price Volatility: Increased Friday 1.48 Up from 0.57 Thursday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(6.0+ is considered High Volatility on the immediate horizon. Move to the sidelines when this occurs.)

DIA Proposed Range: Monday 0.64 vs. 0.92 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16)

DIA Price Momentum: Unch 2ndweek 87%N vs. 87%N Prior week (Historic High: 100% 2-22-12, 97% 4-22-16 / Historic Low: 3% on 9-4-15, 3% 8-21-15, 3% 8-19-11, 3% 6-30-09, and 3% on 10-22-08)

DIA MACD: MACD Crossover "SELL" Signal on 7-27-16. Sell remains in effect.

DIA 5-Day Stochastic%D: Fell 50D vs. 78U Prior week (Historic High: 100 / Historic Low: 0)

DIA Relative Strength 14-Day: Unch 59%N vs. 59%U Prior week
(High 100 3-19-10 / Low 0 7-6-10 & 8-10-11) (Overbought =+75) / (Oversold =-25)

DIA Commodity Channel Index: Fell -8D vs. 106U Prior week (Overbought: =>+200 / Oversold: =<-200>) (Historic High: 309.49 12-12-14, 306 11-4-10 / Historic Low: -318 5-6-10, -312 8-21-15.)

McClellan Oscillator: Fell -58.03D vs. -36.40D Prior week (an overbought / oversold indicator.) (Historic High: 386.03 1-6-09 & 332.00 3-3-16 / Historic Low: -438.08 8-8-11)

Summation Index: Fell 4037.74D vs. 4264.30D Prior week ("Bull Market Breakout" +2500.00 / "Bear Market Breakdown" -2500.00)(Historic High: 5599.98 9-22-09 / Historic Low: -4699.43 11-20-08)

DIA Outlook: Unch 73%N vs. 73%D Prior Week (*A Favorite Indicator as it tracks Institutional Sentiment.) (Historic High: 98% 7-22-16 / Historic Low: 2% 3-11-09)

DIA Probability of Being "UP" Monday, 8-22-16: 65% vs. 71% Last Monday
(a reading of 52+ is positive, a reading of 48- is negative) (Historic High: 100 / Historic Low: 0)

Dow 30 + DIA: 20 Buy vs. 11 Sell, Rose 65%U vs. 58%D Prior Week. (A reading of 52+ is Positive, a reading of 48- is Negative.) (*A Favorite Indicator as its direction most often predicts near term market action.) (an 87%+ reading is Overbought 97% was reached 7-22&7-15-16); (a 13% reading is Oversold, reached on 12-3-15 & 6-15-15, 10% on 8-26-15, 6% on 9-11-15.) (Historic High: 100 / Historic Low: 0)

DIA Directional Indicator: Rose 24U vs. 22D Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)

SPY Directional Indicator: Rose 40U vs. 37D Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)

QQQ Directional Indicator: Fell 49D vs. 51D Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)

IWB Directional Indicator: Fell 30D vs. 31D Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)

IWM Directional Indicator: Rose 35U vs. 24D Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)

IWM/IWB Computation: (IWM Close 122.94U vs. IWB Close 121.43U) Rose 1.012U vs. 1.007D Prior Week (Small Cap Relative Strength Ratio is calculated taking the daily closing value of the Russell 2000 Index, and dividing it by the Russell 1000. If the line moves upward, then the Russell 2000 is outperforming on a relative basis.
That can mean going up faster, or going down more slowly. If the line is moving downward, then the small cap universe is generally doing worse than the large caps, on a relative basis. (*A Favorite Indicator as the Spread points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)

Market Comment
DJIA Resistance: 18,901
DJIA Support: 18,161

U.S. stocks edged lower on Friday, led by declines in utility shares as investors weighed prospects for an interest rate increase in the coming months. Energy shares also weighed on the market, even though U.S. crude oil prices settled higher. The S&P utility index XLU, which tends to fall as investor rate hike expectations rise, ended down 1.2 percent. The telecommunications index XTL, also sensitive to changes in interest rates, fell 0.9 percent.

San Francisco Federal Reserve Bank President John Williams late on Thursday said if the U.S. central bank waited too long to raise rates, it could be costly for the economy and that a possible rate hike in September should be in play. The comments added to statements perceived as hawkish from New York Fed President William Dudley earlier in the week.

Investors also are bracing for next week's meeting of global central bankers in Jackson Hole, Wyoming, where Fed Chair Janet Yellen may provide insight on the rate outlook. The market's recent run-up to record highs has been partly supported by expectations that the Fed will continue to keep rates low, as well as by some upbeat earnings and economic news.

"Equities are ending this week largely unchanged. The dog days of summer are among us, earnings season is over and investors are in pause mode with the popular indices near all-time highs," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis. "I think we're going sideways for a month or so as we await visibility. In the absence of earnings data, I think the Fed will take centre stage."

The Dow Jones industrial average DJX ended down 45.13 points, or 0.24 percent, to 18,552.57, the S&P 500 SPX lost 3.15 points, or 0.14 percent, to close at 2,183.87 and the Nasdaq Composite IXIC dropped 1.77 points, or 0.03 percent, to 5,238.38.

Our opinion says the Stock Market has room to run.

Symbol: DIA
Exchange: NYSEArca
Description: Diamonds (Dow 30 Exchange Traded Fund)

DIA 08/22/16 Forecast
Opening Fair Value: 185.21
Today's Predicted High: 185.64
Today's Predicted Low: 185.00
Today's Proposed Range: 0.64
Buy/Sell Rating: Buy


Binary Ladder Pricing
185.96 Upside Potential R2
185.64 Upside Potential R1
185.53 High Level R2
185.42 Low Level R1
185.21 Pivot Point
185.00 High Level S1
184.89 Low Level S2
184.68 Downside Potential S1
181.59 Downside Potential S2


Symbol: SPY
Exchange: NYSEArca
Description: SPDR S&P 500 Exchange Traded Fund

SPY 08/22/16 Forecast
Opening Fair Value: 218.29
Today's Predicted High: 218.89
Today's Predicted Low: 218.20
Today's Proposed Range: 0.69
Buy/Sell Rating: Buy


Binary Ladder Pricing
219.23 Upside Potential R2
218.89 Upside Potential R1
218.64 High Level R2
218.64 Low Level R1
218.29 Pivot Point
218.20 High Level S1
217.95 Low Level S2
217.85 Downside Potential S1
213.94 Downside Potential S2


SPDR 12 Select Sector ETFs
WEEKLY COMPARISONS

Week ending August 19, 2016
88% XLF (Financials)
75% XTL (Telecommunications)
73% GXC (China)
73% XLI (Industrials)
72% XLB (Materials)
69% XLE (Energy)
69% XRT (Retail)
66% XLK (Information Technology)
64% XBI (Biotech)
63% XLU (Utilities)
62% XLV (Healthcare)
39% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 68% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending August 12, 2016
80% XLF (Financials)
77% XTL (Telecommunications)
72% GXC (China)
71% XLK (Information Technology)
71% XLI (Industrials)
70% XRT (Retail)
69% XBI (Biotech)
66% XLV (Healthcare)
65% XLB (Materials)
57% XLU (Utilities)
51% XLE (Energy)
38% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 66% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending August 5, 2016
83% XLF (Financials)
79% XLI (Industrials)
78% XBI (Biotech)
78% XTL (Telecommunications)
74% XLB (Materials)
72% XLK (Information Technology)
72% XLV (Healthcare)
69% XRT (Retail)
64% GXC (China)
64% XLU (Utilities)
60% XLE (Energy)
42% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 70% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending July 29, 2016
83% XTL (Telecommunications)
83% XLF (Financials)
80% XLU (Utilities)
80% XBI (Biotech)
78% XLI (Industrials)
77% XLB (Materials)
77% XLK (Information Technology)
77% XLV (Healthcare)
75% XRT (Retail)
65% GXC (China)
54% XLE (Energy)
49% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 73% KEY: 52%-100% = Positive, 48%-0% = Negative

Selected Stocks this Week to SELL/Go-SHORT (8-22-16 to 8-26-16 "BEARISH":
BZQ, CCJ, CNCE, CPSI, CXW, DUG, EDZ, EFZ, EPZM, ERY, EUM, FAZ, GEO, GSVC, INSY, JBLU, KND, MBB, MPAA, NAC, NAT, NEV, NRK, NVX, PFSW, PSQ, PWZ, QID, SAEX, SDS, SEP, SH, SOXS, SPXS, SPXU, SQQQ, TCRD, TWM, TZA, VCV, VRTU, YANG. (42, 8-19 vs. 26, 8-12; 38, 8-5 vs. 35, 7-29.) Conclusion: Selling remains subdued.

2-Stock Picks of the Week "BULLISH BUY Go-Long" (8-22-16 to 8-26-16): "ALOG and "PCG"

#1-Stock Pick "BUY" of the Week
ALOG (08/19/16 Close 89.40) Earnings Date: September 14, 2016
Analogic Corporation, a technology company, designs, manufactures, and sells medical imaging, ultrasound, and security systems and subsystems to original equipment manufacturers (OEMs) and end users in the healthcare and airport security markets worldwide. The company operates in three segments: Medical Imaging, Ultrasound, and Security and Detection. The Medical Imaging segment provides medical imaging systems and subsystems, including computed tomography (CT) detector systems, data acquisition systems, data management systems, and integrated gantries; gradient and radio frequency amplifiers; and detector plates, as well as motion control devices for use in computer-controlled automation systems. This segment sells its products directly. The Ultrasound segment designs, manufactures, and sells ultrasound systems and transducers primarily under the BK Ultrasound brand name for use in the urology, surgery, anesthesia, and point-of-care markets. It also offers its products for cardiology, radiology, OB/GYN, and interventional radiology applications. This segment sells its products through its direct sales force, as well as through a network of independent sales representatives and distributors. The Security and Detection segment designs and manufactures automated threat detection CT systems for aviation baggage inspection applications. This segment sells its CT checkpoint systems under the COBRA brand name to government agencies and international airports. It also offers rapid DNA analysis systems to analyze multiple human DNA samples to provide DNA fingerprints. This segment sells its products primarily through multinational OEM partners. The company was founded in 1967 and is headquartered in Peabody, Massachusetts.

ALOG 08/22/16 Forecast
Opening Fair Value: 88.83
Today's Predicted High: 89.97
Today's Predicted Low: 88.83
Today's Proposed Range: 1.14
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
90.54 Upside Potential R2
90.19 Upside Potential R1
89.97 High Level R2
89.40 Low Level R1
88.83 Pivot Point
88.83 High Level S1
88.26 Low Level S2
88.26 Downside Potential S1
86.47 Downside Potential S2


#2-Stock Pick "BUY" of the Week ("PCG")
PCG (08/19/16 Close 64.79) Earnings Date: October 26, 2016.
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California. The company's electricity distribution network consists of approximately 142,000 circuit miles of distribution lines, 58 transmission switching substations, and 603 distribution substations; and electricity transmission network comprises approximately 18,400 circuit miles of interconnected transmission lines and 91 electric transmission substations. Its natural gas system consists of approximately 42,800 miles of distribution pipelines, approximately 6,700 miles of backbone and local transmission pipelines, and various storage facilities. The company operates various electricity generation facilities, such as nuclear, hydroelectric, fossil fuel-fired, and photovoltaic. PG&E Corporation was founded in 1905 and is headquartered in San Francisco, California.

PCG 08/22/16 Forecast
Opening Fair Value: 64.68
Today's Predicted High: 65.14
Today's Predicted Low: 64.44
Today's Proposed Range: 0.70
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
65.49 Upside Potential R2
65.14 Upside Potential R1
65.03 High Level R2
64.89 Low Level R1
64.68 Pivot Point
64.44 High Level S1
64.33 Low Level S2
64.09 Downside Potential S1
63.60 Downside Potential S2


Most Recent "Bullish" Stock Picks:
SINA (08/12/16 Close 70.54); CHMT (08/12/16 Close 30.53); HWAY (08/5/16 Close 17.76); EFC (08/05/16 Close 17.55); GTY (07/29/16 Close 22.72); DGX (07/29/16 Close 86.36); SABRA (07/22/16 Close 24.17); HPT (07/22/16 Close 31.811); ELS (07/15/16 Close 80.42); OTTR (07/15/16 Close 33.90); IGN (07/8/16 Close 35.93); EDR (07/8/16 Close 46.37); BKH (07/1/16 Close 64.08); DCM (07/1/16 Close 27.38); AWK (06/24/16 Close 79.93); CWT (06/24/16 Close 33.45); YORW (06/24/16 Close 30.72); CNS, Inc. (06/17/16 Close 39.68); SCG (06/17/16 Close 71.42); AGX (06/10/16 Close 42.96); STR (06/10/16 Close 25.04); MKSI (06/3/16 Close 41.57); EXLS (06/3/16 Close 52.28); KELYA (05/27/16 Close 19.80); GEL (05/20/16 Close 38.22); HSKA (05/13/16 Close: 39.56); JEC (05/06/16 Close: 48.65); E (04/29/16 Close: 32.77); MKTX (04/22/16 Close: 129.46); HTS (04/15/16 Close: 15.94); SUI (04/08/16 Close: 71.51); PZE (04/01/16 Close: 6.57); EXA (03/24/16 Close: 13.49); JHX (03/11/16 Close: 13.82).

Calendar of Economic Events and Corporate Earnings: While the earnings calendar will continue to slow next week, it will be far from barren. In particular, solar and retail stocks will flock to the earnings stage. There will be plenty of economic reports to digest, as well, punctuated by Friday's release of gross domestic product (GDP) data. Plus, all eyes will be on Fed Chair Janet Yellen, who's scheduled to speak on Friday morning.

Monday, August 22

There are no notable economic reports slated for Monday. Scheduled to report earnings are NQ Mobile (NQ) and Zoe's Kitchen (ZOES).

Tuesday, August 23

New home sales will hit the Street on Tuesday. Stepping up to the earnings plate are Best Buy (BBY), Intuit (INTU), JM Smucker (SJM), La-Z-Boy (LZB), Nimble Storage (NMBL), Toll Brothers (TOL), Trina Solar (TSL), and Yingli Green Energy (YGE).

Wednesday, August 24

Markit's flash purchasing managers manufacturing index (PMI), existing home sales, and weekly crude inventories are due to be released on Wednesday. Express (EXPR), Guess (GES), HP Inc (HPQ), PVH Corp (PVH), ReneSola (SOL), Tilly's (TLYS), and Workday (WDAY) will hit the earnings confessional.

Thursday, August 25

On Thursday's docket are durable goods orders and weekly jobless claims. Major companies set to report earnings include Autodesk (ADSK), Dollar General (DG), Dollar Tree (DLTR), GameStop (GME), JinkoSolar (JKS), Medtronic (MDT), Signet Jewelers (SIG), Splunk (SPLK), Tiffany & Co. (TIF), and Ulta Salon (ULTA).

Friday, August 26

The week concludes with preliminary second-quarter GDP data, the international trade balance, and the Thomson Reuters/University of Michigan consumer sentiment survey. Plus, Fed Chair Janet Yellen will speak. Meanwhile, the earnings front will be relatively quiet.

Good luck and good trading!

MktMetrics, Inc. Web Partners include:

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Interactive Brokers Group, Inc.
Interactive Brokers conducts its broker/dealer and proprietary trading businesses on over 80 market destinations worldwide. In its broker dealer agency business, IB provides direct access ("on line") trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, bonds and funds worldwide. In its proprietary trading business IB engages in market making for its own account in about Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia, India, China and 6,500 different electronically traded products. Interactive Brokers' headquarters are in Greenwich Connecticut, and it has about 800 employees in its offices in the USA, Estonia. IB is regulated by the SEC, FINRA, NYSE, SFA and other regulatory agencies around the world.

Disclaimer:
The information and data contained in this site was obtained from independent research and development believed to be reliable, but accuracy is not guaranteed. Neither the information, nor any opinion expressed, constitutes a recommendation to purchase or sell a security, or to provide investment advice. Stocks and stock options involve risks and are not suitable for all investors. This site is not a solicitation of an offer to buy shares in any fund whose performance is provided in this site. Such an offer can be solicited only by a fund directly or its agent.

Friday, August 19, 2016

DJIA Nightly Analysis Update, XRT and BKE Friday Forecast

www.MktMetrics.com Basic and Premium Versions are updated nightly.

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Friday: 35%
Trend: Rising 58%
Momentum: Falling 90%
Outlook: Bullish 73% Falling


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 87.0%

Symbol: XRT
Exchange: NYSEArca
Description: SPDR S&P Retail ETF

XRT 08/18/16 Final Numbers
(Open) 45.47
(High) 45.79
(Low) 45.32
(Close) 45.75
(Range) 0.47


XRT 08/19/16 Forecast
Opening Fair Value: 45.57
Today's Predicted High: 46.05
Today's Predicted Low: 45.45
Today's Proposed Range: 0.60
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
46.35 Upside Potential R2
46.05 Upside Potential R1
45.87 High Level R2
45.85 Low Level R1
45.57 Pivot Point
45.45 High Level S1
45.27 Low Level S2
45.15 Downside Potential S1
44.56 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 89 Up from 87
Volume Internal Strength: Positive 1.10/1.22 Down
Current Trend: Positive 14 Up from 12
Demand Factor: 100 Up from 95
Stock Volatility: 0.21 Down from 0.67


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

46.23
46.38
46.67
46.71


Predicted Block Trading Support Levels (100,000+ shares)

44.87
44.84
44.56
44.41


XRT 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 45.25
21 DAY MOVING AVERAGE = 44.88
50 DAY MOVING AVERAGE = 43.40
65 DAY MOVING AVERAGE = 43.06
30 WEEK MOVING AVERAGE = 43.12
200 DAY MOVING AVERAGE = 43.29


Symbol: BKE
Exchange: NYSE
Description: The Buckle operates as a retailer of casual apparel, footwear, and accessories for young men and women in the continental United States.

BKE 08/18/16 Final Numbers
(Open) 26.30
(High) 27.16
(Low) 26.13
(Close) 26.95
(Range) 1.03


BKE 08/19/16 Forecast
Opening Fair Value: 26.64
Today's Predicted High: 27.41
Today's Predicted Low: 26.49
Today's Proposed Range: 0.92
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
27.87 Upside Potential R2
27.75 Upside Potential R1
27.41 High Level R2
27.10 Low Level R1
26.64 Pivot Point
26.49 High Level S1
26.18 Low Level S2
26.03 Downside Potential S1
25.77 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 55 Up from 49
Volume Internal Strength: Positive 2.20/1.50 Up
Current Trend: Positive 4 Up from -3
Demand Factor: 80 Up from 67
Stock Volatility: 1.25 Up from 0.49


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

26.65
26.83
27.49
27.70


Predicted Block Trading Support Levels (100,000+ shares)

26.62
26.41
25.77
25.61


BKE 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 26.06
21 DAY MOVING AVERAGE = 26.36
50 DAY MOVING AVERAGE = 26.01
65 DAY MOVING AVERAGE = 25.63
30 WEEK MOVING AVERAGE = 28.11
200 DAY MOVING AVERAGE = 28.87


Friday, August 19

There are no major economic reports due on Friday. Reports from Buckle (BKE), Cheetah Mobile (CMCM), Deere (DE), Estee Lauder (EL), and Foot Locker (FL) will round out the week's earnings calendar.

Good luck and good trading!

This week's earnings using www.MktMetrics Premium:

160. Friday 8-19-2016 Began: $44,887.35 Ended: $45,696.50 +809.15

159. Thursday 8-18-2016 Began: $42,143.75 Ended: $44,887.35 +2,743.60

158. Wednesday 8-17-2016 Began: $40,858.00 Ended: $42,143.75 +1,285.75

157. Tuesday 8-16-2016 Began: $39,477.50 Ended: $40,858.00 +1,380.50

156. Monday 8-15-2016 Began: $38,311.00 Ended: $39,477.50 +1,166.50

Thursday, August 18, 2016

DJIA Nightly Analysis Update, SMH and AMAT Thursday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Thursday: 26%
Trend: Rising 55%
Momentum: Rising 90%
Outlook: Bullish 73% Rising


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 84.6%

Symbol: SMH
Exchange: NYSE MKT
Description: Semiconductor HLDRS Trust

SMH 08/17/16 Final Numbers
(Open) 65.08
(High) 65.08
(Low) 64.58
(Close) 64.93
(Range) 0.50


SMH 08/18/16 Forecast
Opening Fair Value: 64.87
Today's Predicted High: 65.19
Today's Predicted Low: 64.67
Today's Proposed Range: 0.52
Buy/Sell Rating: Buy


Binary Ladder Pricing
65.45 Upside Potential R2
65.19 Upside Potential R1
65.13 High Level R2
65.03 Low Level R1
64.87 Pivot Point
64.67 High Level S1
64.61 Low Level S2
64.41 Downside Potential S1
63.78 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 93 Down from 95
Volume Internal Strength: Negative 0.80/0.43 Up
Current Trend: Positive 41 Up from 39
Demand Factor: 100 Up from 98
Stock Volatility: 0.46 Up from 0.16


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

65.87
66.23
66.38
66.38


Predicted Block Trading Support Levels (100,000+ shares)

63.78
63.78
63.63
63.29


SMH 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 64.70
21 DAY MOVING AVERAGE = 63.71
50 DAY MOVING AVERAGE = 60.00
65 DAY MOVING AVERAGE = 58.98
30 WEEK MOVING AVERAGE = 54.87
200 DAY MOVING AVERAGE = 54.63


Symbol: AMAT
Exchange: NasdaqGS
Description: Applied Materials provides nanomanufacturing technology solutions for the semiconductor, flat panel display, solar, and related industries worldwide.

AMAT 08/17/16 Final Numbers
(Open) 27.43
(High) 27.43
(Low) 27.00
(Close) 27.29
(Range) 0.43


AMAT 08/18/16 Forecast
Opening Fair Value: 27.25
Today's Predicted High: 27.53
Today's Predicted Low: 27.05
Today's Proposed Range: 0.48
Buy/Sell Rating: Buy


Binary Ladder Pricing
28.25 Upside Potential R2
27.77 Upside Potential R1
27.53 High Level R2
27.49 Low Level R1
27.25 Pivot Point
27.05 High Level S1
27.01 Low Level S2
26.88 Downside Potential S1
26.81 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 89 Down from 90
Volume Internal Strength: Negative 0.90/0.72 Up
Current Trend: Positive 14 Up from 3
Demand Factor: 96 Up from 94
Stock Volatility: 0.33 Up from 0.05


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

27.54
27.84
27.98
27.98


Predicted Block Trading Support Levels (100,000+ shares)

26.88
26.88
26.74
26.46


AMAT 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 27.00
21 DAY MOVING AVERAGE = 26.67
50 DAY MOVING AVERAGE = 25.32
65 DAY MOVING AVERAGE = 24.81
30 WEEK MOVING AVERAGE = 21.66
200 DAY MOVING AVERAGE = 20.75


Thursday, August 18

Weekly jobless claims and the Philadelphia Fed business outlook survey are due for release Thursday, and San Francisco Fed President John Williams will speak in the evening. Taking their turns in the earnings confessional will be WMT, Applied Materials (AMAT), Canadian Solar (CSIQ), Gap (GPS), Hormel Foods (HRL), Perry Ellis (PERY), and Ross Stores (ROST).

Good luck and good trading!

Wednesday, August 17, 2016

DJIA Nightly Analysis Update, OEF and CSCO Wednesday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Wednesday: 77%
Trend: Falling 52%
Momentum: Falling 87%
Outlook: Bullish 73% Rising


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 82.6%

Symbol: OEF
Exchange: NYSEArca
Description: iShares S&P 100 Index

OEX 08/16/16 Final Numbers
(Open) 97.07
(High) 97.12
(Low) 96.85
(Close) 96.85
(Range) 0.27


OEF 08/17/16 Forecast
Opening Fair Value: 96.98
Today's Predicted High: 97.08
Today's Predicted Low: 96.63
Today's Proposed Range: 0.45
Buy/Sell Rating: Buy


Binary Ladder Pricing
97.79 Upside Potential R2
97.30 Upside Potential R1
97.21 High Level R2
97.08 Low Level R1
96.98 Pivot Point
96.76 High Level S1
96.63 Low Level S2
96.40 Downside Potential S1
95.13 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 86 Down from 92
Volume Internal Strength: Negative 0.50/0.75 Down
Current Trend: Positive 29 Down from 36
Demand Factor: 94 Down from 97
Stock Volatility: -0.09 Down from -0.08


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

98.79
98.79
99.01
99.06


Predicted Block Trading Support Levels (100,000+ shares)

95.18
95.13
94.91
94.91


OEF 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 96.98
21 DAY MOVING AVERAGE = 96.49
50 DAY MOVING AVERAGE = 94.52
65 DAY MOVING AVERAGE = 94.04
30 WEEK MOVING AVERAGE = 91.17
200 DAY MOVING AVERAGE = 91.36


Symbol: CSCO
Exchange: NasdaqGS
Description: Cisco Systems designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide.

CSCO 08/16/16 Final Numbers
(Open) 31.22
(High) 31.23
(Low) 30.98
(Close) 31.12
(Range) 0.25


CSCO 08/17/16 Forecast
Opening Fair Value: 31.12
Today's Predicted High: 31.28
Today's Predicted Low: 30.96
Today's Proposed Range: 0.32
Buy/Sell Rating: Buy


Binary Ladder Pricing
31.44 Upside Potential R2
31.28 Upside Potential R1
31.28 High Level R2
31.22 Low Level R1
31.12 Pivot Point
30.96 High Level S1
30.96 Low Level S2
30.80 Downside Potential S1
30.60 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 92 Up from 91
Volume Internal Strength: Negative 1.10/0.92 Up
Current Trend: Positive 24 Down from 25
Demand Factor: 100 Up from 98
Stock Volatility: 0.11 Down from 0.31


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

31.60
31.74
31.84
31.85


Predicted Block Trading Support Levels (100,000+ shares)

30.61
30.60
30.50
30.36


CSCO 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 31.00
21 DAY MOVING AVERAGE = 30.77
50 DAY MOVING AVERAGE = 29.68
65 DAY MOVING AVERAGE = 29.36
30 WEEK MOVING AVERAGE = 27.70
200 DAY MOVING AVERAGE = 27.56


Wednesday, August 17

July's FOMC meeting minutes are due, along with the weekly crude inventories report from the Energy Information Administration (EIA). St. Louis Fed President James Bullard will give a speech. CSCO, Agilent (A), American Eagle Outfitters (AEO), Analog Devices (ADI), JA Solar (JASO), L Brands (LB), Lowe's (LOW), NetApp (NTAP), Staples (SPLS), and TGT are among the firms due to release earnings results.

Good luck and good trading!

Tuesday, August 16, 2016

DJIA Nightly Analysis Update, DIA and HD Tuesday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Tuesday: 39%
Trend: Falling 58%
Momentum: Rising 94%
Outlook: Bullish 74% Rising


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 86.2%

Symbol: DIA
Exchange: NYSEArca
Description: Diamonds (Dow 30 Exchange Traded Fund)

DIA 08/15/16 Final Numbers
(Open) 186.35
(High) 186.87
(Low) 186.33
(Close) 186.52
(Range) 0.54


DIA 08/16/16 Forecast
Opening Fair Value: 186.56
Today's Predicted High: 186.93
Today's Predicted Low: 186.12
Today's Proposed Range: 0.81
Buy/Sell Rating: Buy


Binary Ladder Pricing
187.50 Upside Potential R2
187.33 Upside Potential R1
186.97 High Level R2
186.93 Low Level R1
186.56 Pivot Point
186.16 High Level S1
186.12 Low Level S2
185.71 Downside Potential S1
182.62 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 89 Up from 85
Volume Internal Strength: Negative 0.40/0.55 Down
Current Trend: Positive 27 Up from 22
Demand Factor: 98 Down from 99
Stock Volatility: 0.00 Unch


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

190.06
190.08
190.25
190.61


Predicted Block Trading Support Levels (100,000+ shares)

183.13
182.79
182.62
182.60


DIA 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 185.40
21 DAY MOVING AVERAGE = 184.89
50 DAY MOVING AVERAGE = 181.36
65 DAY MOVING AVERAGE = 180.30
30 WEEK MOVING AVERAGE = 174.77
200 DAY MOVING AVERAGE = 174.88


Symbol: HD
Exchange: NYSE
Description: The Home Depot operates as a home improvement retailer.

HD 08/15/16 Final Numbers
(Open) 137.11
(High) 137.97
(Low) 136.93
(Close) 137.06
(Range) 1.04


HD 08/16/16 Forecast
Opening Fair Value: 137.36
Today's Predicted High: 137.87
Today's Predicted Low: 136.26
Today's Proposed Range: 1.61
Buy/Sell Rating: Buy


Binary Ladder Pricing
138.67 Upside Potential R2
138.17 Upside Potential R1
137.87 High Level R2
137.51 Low Level R1
137.36 Pivot Point
136.56 High Level S1
136.26 Low Level S2
135.45 Downside Potential S1
134.37 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 51 Up from 48
Volume Internal Strength: Negative 1.40/0.92 Up
Current Trend: Positive 17 Unch
Demand Factor: 45 Down from 57
Stock Volatility: -0.10 Down from 2.51


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

139.67
139.80
139.85
140.73


Predicted Block Trading Support Levels (100,000+ shares)

135.21
134.37
134.32
134.19


HD 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 136.44
21 DAY MOVING AVERAGE = 136.84
50 DAY MOVING AVERAGE = 132.57
65 DAY MOVING AVERAGE = 132.59
30 WEEK MOVING AVERAGE = 130.01
200 DAY MOVING AVERAGE = 129.88


Tuesday, August 16

The CPI, housing starts and building permits, and industrial production figures will be reported on Tuesday, and Atlanta Fed President Dennis Lockhart will speak in the afternoon. Stepping into the earnings spotlight will be HD, Advanced Auto Parts (AAP), Cree (CREE), Dicks Sporting Goods (DKS), TJX Companies (TJX), and Urban Outfitters (URBN).

Good luck and good trading!

Monday, August 15, 2016

DJIA Nightly Analysis Update, GXC and VIPS Monday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Monday: 71%
Trend: Falling 58%
Momentum: Falling 87%
Outlook: Bullish 73% Falling


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 84.9%

Symbol: GXC
Exchange: NYSEArca
Description: SPDR S&P China ETF

GXC 08/12/16 Final Numbers
(Open) 75.63
(High) 76.25
(Low) 75.63
(Close) 76.16
(Range) 0.62


GXC 08/15/16 Forecast
Opening Fair Value: 75.98
Today's Predicted High: 76.35
Today's Predicted Low: 75.98
Today's Proposed Range: 0.37
Buy/Sell Rating: Buy


Binary Ladder Pricing
76.90 Upside Potential R2
76.53 Upside Potential R1
76.35 High Level R2
76.17 Low Level R1
75.98 Pivot Point
75.98 High Level S1
75.80 Low Level S2
75.79 Downside Potential S1
74.12 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 87 Up from 86
Volume Internal Strength: Negative 0.30/1.00 Down
Current Trend: Positive 49 Down from 51
Demand Factor: 74 Up from 73
Stock Volatility: 1.12 Down from 1.35


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

77.14
77.14
77.68
77.78


Predicted Block Trading Support Levels (100,000+ shares)

74.73
74.64
74.12
74.12


GXC 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 73.92
21 DAY MOVING AVERAGE = 72.86
50 DAY MOVING AVERAGE = 70.61
65 DAY MOVING AVERAGE = 69.75
30 WEEK MOVING AVERAGE = 67.80
200 DAY MOVING AVERAGE = 69.68


Symbol: VIPS
Exchange: NYSE
Description: Vipshop Holdings Ltd. operates as an online discount retailer for various brands, headquartered in Guangzhou, the People's Republic of China and was founded in 2008.

VIPS 05/23/16 Final Numbers
(Open) 10.47
(High) 10.48
(Low) 10.21
(Close) 10.35
(Range) 0.27


VIPS 08/15/16 Forecast
Opening Fair Value: 10.36
Today's Predicted High: 10.79
Today's Predicted Low: 9.91
Today's Proposed Range: 0.88
Buy/Sell Rating: Strong Sell


Binary Ladder Pricing
11.23 Upside Potential R2
10.85 Upside Potential R1
10.80 High Level R2
10.79 Low Level R1
10.36 Pivot Point
10.26 High Level S1
9.92 Low Level S2
9.91 Downside Potential S1
9.47 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Negative 3 Down from 67
Volume Internal Strength: Negative 0.70/0.88 Down
Current Trend: Negative -73 Down from 11
Demand Factor: 5 Down from 52
Stock Volatility: -0.95 Down from -0.52


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

10.41
10.56
10.68
10.69


Predicted Block Trading Support Levels (100,000+ shares)

10.27
10.26
10.14
10.01


VIPS 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 11.39
21 DAY MOVING AVERAGE = 12.41
50 DAY MOVING AVERAGE = 12.83
65 DAY MOVING AVERAGE = 12.58
30 WEEK MOVING AVERAGE = 14.32
200 DAY MOVING AVERAGE = 15.22


Monday, August 15

The Empire State manufacturing survey, NAHB housing market index, and Treasury International Capital (TIC) data will kick off the week's economic reports. Sysco (SYY) and Vipshop (VIPS) will report quarterly earnings.

Good luck and good trading!

Sunday, August 14, 2016

Stock Market Key Metrics, 2-Stock Picks "BUYS" of the Week, Trading DIA and SPY Monday, Bearish Stocks to "SELL Now", Tracking SPDR 12 SELECT SECTORS ETFs, Calendar of Economic Events & Corporate Earnings



Information provided by: www.MktMetrics.com Premium

Note: As of 7-1-16, MktMetrics no longer reports on stocks under $10.00 p/share.

Friday August 12, 2016 DJIA Closed: 18576.47 -37.05 vs. 18543.53 +191.48 Prior week, .46% ABOVE its RISING 21-day moving average of 18492.20 vs. 18437.52 Prior week. (Overbought: Above 21-DMA +4.61 reached on 10-23-15) vs. (Oversold: Below 21-DMA -6.21% reached on 1-15-16 (Historic High: 10.56% on 3-26-09 vs. Historic Low: -26.03% on 5-7-10). Upper 3.5% band: 19139.4U vs. Lower 3.5% band: 17845.00U

DJIA Least Squares Regression Channel Top: New High 19,287U and Channel Bottom: Rose 16,799U.) Historic High 19,286.95.09 7-29-16, bottomed 3-24-16 Low 15,542.

DIA Trend: 8-day M/A 185.00U vs. 21-day M/A 184.81U Spread: +0.19U vs. -0.21D Prior Week ("M/A Trend Crossover BUY Signal" occurred on 8-12-16.) (Historic High Spread: +5.30 11-7-14 / Historic Low Spread: -7.14 8-15-11). (*A Favorite Indicator as the Spread acts as an early warning signal of a shift in portfolio positions by smart money moving in, or out, of the DIA.)

DIA Price Volatility: Decreased Friday 0.00 Down from 0.76 Thursday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(6.0+ is considered High Volatility on the immediate horizon. Stay on the sidelines when this occurs.)

DIA Proposed Range: Monday 1.11 vs. 0.74 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16)

DIA Price Momentum: Unch 87%N vs. 87%U Prior week (Historic High: 100% 2-22-12, 97% 4-22-16 / Historic Low: 3% on 9-4-15, 3% 8-21-15, 3% 8-19-11, 3% 6-30-09, and 3% on 10-22-08)

DIA MACD: MACD Crossover "SELL" Signal on 7-27-16. Neutral as of 8-12-16.

DIA 5-Day Stochastic%D: Rose 78U vs. 68U Prior week (Historic High: 100 / Historic Low: 0)

DIA Relative Strength 14-Day: Rose 59%U vs. 51%D Prior week
(High 100 3-19-10 / Low 0 7-6-10 & 8-10-11) (Overbought =+75) / (Oversold =-25)

DIA Commodity Channel Index: Rose 106U vs. 31U Prior week (Overbought: =>+200 / Oversold: =<-200>) (Historic High: 309.49 12-12-14, 306 11-4-10 / Historic Low: -318 5-6-10, -312 8-21-15.)

McClellan Oscillator: Fell -36.40 vs. -15.66D Prior week (an overbought / oversold indicator.) (Historic High: 386.03 1-6-09 & 332.00 3-3-16 / Historic Low: -438.08 8-8-11)

Summation Index: Fell 4264.30D vs. 4386.21D Prior week ("Bull Market Breakout" +2500.00 / "Bear Market Breakdown" -2500.00)(Historic High: 5599.98 9-22-09 / Historic Low: -4699.43 11-20-08)

DIA Outlook: Fell 73%D vs. 74%D Prior Week (*A Favorite Indicator as it tracks Institutional Sentiment.) (Historic High: 98% 7-22-16 / Historic Low: 2% 3-11-09)

DIA Probability of Being "UP" Monday, 8-15-16: 71% vs. 10% Last Monday
(a reading of 52+ is positive, a reading of 48- is negative) (Historic High: 100 / Historic Low: 0)

Dow 30 + DIA: 13 Buy vs. 18 Sell, Fell 58%D vs. 71%D Prior Week. (A reading of 52+ is Positive, a reading of 48- is Negative.) (*A Favorite Indicator as its direction most often predicts near term market action.) (an 87%+ reading is Overbought 97% was reached 7-22&7-15-16); (a 13% reading is Oversold, reached on 12-3-15 & 6-15-15, 10% on 8-26-15, 6% on 9-11-15.) (Historic High: 100 / Historic Low: 0)

DIA Directional Indicator: Fell 22D vs. 57D Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)

SPY Directional Indicator: Fell 37D vs. 71D Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)

QQQ Directional Indicator: Fell 51D vs. 58D Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)

IWB Directional Indicator: Fell 31D vs. 54D Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)

IWM Directional Indicator: Fell 24D vs. 52D Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)

IWM/IWB Computation: (IWM Close 122.19D vs. IWB Close 121.37U) Fell 1.007D vs. 1.009U Prior Week (Small Cap Relative Strength Ratio is calculated taking the daily closing value of the Russell 2000 Index, and dividing it by the Russell 1000. If the line moves upward, then the Russell 2000 is outperforming on a relative basis.
That can mean going up faster, or going down more slowly. If the line is moving downward, then the small cap universe is generally doing worse than the large caps, on a relative basis. (*A Favorite Indicator as the Spread points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)

Market Comment
DJIA Resistance: 18,962
DJIA Support: 18,234
DJIA is vulnerable of a pull-back to 18,218.

European and Wall Street stocks were under pressure Friday as soft data from the US, China and the eurozone prompted mild profit-taking.
Frankfurt and Paris both dipped, though the French index remained above the key 4,500 level by a whisker.
London's FTSE index was essentially flat.
Trade in the US was also muted, with both the Dow and S&P 500 retreating from records struck Thursday. However, the tech-rich Nasdaq edged higher, scoring a second straight record.
"The stock market may be at record highs, yet it doesn't look as if too many money managers really love this stock market," said Briefing.com Patrick O'Hare.
O'Hare described the reticence as an acknowledgement that high equity valuations are the result of aggressive stimulus measures by central banks due to weak growth.
More evidence of that weakness was apparent Friday.
Retail sales in China rose 10.2 percent year-on-year in July, a sharp slowdown from the 10.6 percent increase in June and below the median forecast of a 10.5 percent rise in a Bloomberg News poll of economists.
That lackluster result was accompanied by reports on Chinese industrial output and fixed asset investment that also missed expectations.
The Chinese figures represent an "across-the-board slowdown," said Zhao Yang of Nomura.
"Overall, we think growth momentum continued to lose steam," he added.

- Sluggish growth -
Growth in the 19-nation eurozone came in at 0.3 percent, slowing from 0.6 percent in the three months to January but unchanged from the initial estimate given last month.
The data "highlight concerns about France and Italy," analysts at Capital Economics said, and "showed a strong contrast between the eurozone's best and worst performers. But the big picture was that growth across the region is slowing."
An exception was Germany, which expanded by 0.4 percent in adjusted terms between April and June, twice as much as forecast by analysts surveyed by Factset.
In the US, July retail sales cames in at $457.7 billion, the same as the previous month, suggesting a key driver of the world's largest economy had plateaued by mid-summer.
US producer prices for the same month fell 0.4 percent, another indication of sluggish activity.
Analysts said the anemic figures could quash talk of a Federal Reserve hike of interest rates.
"The consumer paused in July and, with price pressures soft, the Fed members will probably gain a few more gray hairs," said Joel Naroff of Naroff Economic Advisors.
An exception to Friday's anemic performance in equity markets was Japan's Nikkei, which gained 1.1 percent, largely due to positive momentum from Thursday's records set in the US.
However, analysts were girding for weak data from Japan, which is scheduled to report second-quarter growth figures on Monday.
Tokyo this month promised a 28-trillion yen ($246 billion) economic stimulus package, marking its latest attempt to stimulate lackluster growth.

DIA 08/15/16 Forecast
Opening Fair Value: 185.91
Today's Predicted High: 186.46
Today's Predicted Low: 185.35
Today's Proposed Range: 1.11
Buy/Sell Rating: Buy


Binary Ladder Pricing
187.01 Upside Potential R2
186.89 Upside Potential R1
186.47 High Level R2
186.46 Low Level R1
185.91 Pivot Point
185.36 High Level S1
185.35 Low Level S2
184.79 Downside Potential S1
182.34 Downside Potential S2


SPY 08/15/16 Forecast
Opening Fair Value: 218.36
Today's Predicted High: 218.94
Today's Predicted Low: 217.98
Today's Proposed Range: 0.96
Buy/Sell Rating: Buy


Binary Ladder Pricing
219.42 Upside Potential R2
218.94 Upside Potential R1
218.84 High Level R2
218.56 Low Level R1
218.36 Pivot Point
217.98 High Level S1
217.88 Low Level S2
217.50 Downside Potential S1
213.92 Downside Potential S2


SPDR 12 Select Sector ETFs
WEEKLY COMPARISONS

Week ending August 12, 2016
80% XLF (Financials)
77% XTL (Telecommunications)
72% GXC (China)
71% XLK (Information Technology)
71% XLI (Industrials)
70% XRT (Retail)
69% XBI (Biotech)
66% XLV (Healthcare)
65% XLB (Materials)
57% XLU (Utilities)
51% XLE (Energy)
38% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 66% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending August 5, 2016
83% XLF (Financials)
79% XLI (Industrials)
78% XBI (Biotech)
78% XTL (Telecommunications)
74% XLB (Materials)
72% XLK (Information Technology)
72% XLV (Healthcare)
69% XRT (Retail)
64% GXC (China)
64% XLU (Utilities)
60% XLE (Energy)
42% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 70% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending July 29, 2016
83% XTL (Telecommunications)
83% XLF (Financials)
80% XLU (Utilities)
80% XBI (Biotech)
78% XLI (Industrials)
77% XLB (Materials)
77% XLK (Information Technology)
77% XLV (Healthcare)
75% XRT (Retail)
65% GXC (China)
54% XLE (Energy)
49% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 73% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending July 22, 2016
86% XLV (Healthcare)
86% XTL (Telecommunications)
83% XLU (Utilities)
83% XLI (Industrials)
83% XLF (Financials)
81% XLK (Information Technology)
79% XRT (Retail)
78% XLB (Materials)
74% XBI (Biotech)
62% GXC (China)
57% XLY & XLP (Consumer Discretionary & Staples combined)
57% XLE (Energy)
AVERAGE: 76% KEY: 52%-100% = Positive, 48%-0% = Negative

Selected Stocks this Week to SELL/Go-SHORT (8-12-16 to 8-19-16 "BEARISH":
AAWW, BIV, BZQ, CSIQ, CTQ, EDZ, EEV, EUM, FLO, FSLR, GNCMA, JJC, KND, MUC, NEA, NGVC, PFSW, PHD, QID, SQQQ, THRM, VGM, VIRT, VRTU, VSI, YANG. (26, 8-12 vs. 38, 8-5 vs. 35, 7-29 vs. 17, 7-22.)

Conclusion:
Selling remains subdued.
Will reversal patterns ever work, again? There are only 3 classic reversal
patterns. They are (i) a parabolic, (ii) a head and shoulders, and (iii) a broadening
top(megaphone pattern). In the last 16 years the major market averages have
done a giant broadening top. From early 2015, they have done another broadening
top. Now on the daily chart, they have done another since early May.
Furthermore, they have done even a tiny one in the last month.
The implication is that someday, if the government manipulation fails with their decisions, THE POTENTIAL BEAR MARKET WOULD BE HORRENDOUS.
We highly recommend safety in cash as we are at a breaking point.

Lastly, how overpriced is the market? IF you use Bollinger Bands, then you know that
the daily Upper and Lower Bands are 2 standard deviations from the dotted line of
price volatility, weekly, also. However, utilities are now 3 deviations above their
10 year average. Back in 1980 - 1981, the government bond market was at a bottom. That's when the government yields were 15 percent. Who could have foreseen that government yields would go to the lowest levels in US History and Worldwide, to the lowest yields in 5,000 years.
Who would have believed a 36 year bull trend? Everyone knows that some day that trend will reverse, but when? At this time, we cannot see a good trend reversal pattern.
Again, this is why we highly recommend safety in cash, just in case.

2-Stock Picks of the Week "BULLISH BUY Go-Long" (8-12-16 to 8-19-16): "SINA and "KB"

#1-Stock Pick "BUY" of the Week
SINA (08/12/16 Close 70.54) Earnings Date: August 16, 2016

SINA Corporation, through its subsidiaries, operates as an online media company in the People's Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest-based channels. The company also offers SINA mobile, a mobile portal, which provides news information and entertainment content from SINA.com for mobile users in mobile browser and application format. In addition, it operates Weibo.com that offers self-expression products to enable users to express themselves on Weibo platform; social products to promote social interaction between users on Weibo platform; discovery products to help users discover content; notifications, games, VIP membership, and mobile apps; advertising and marketing solutions; and tools and application programming interfaces. Further, the company offers MVAS, which allow users to receive news and information, download ring tones, mobile games and pictures, customize caller ring back tones, and participate in dating and friendship communities. Additionally, it operates game portal that provides users with downloads and gateway access to online games, information and updates on online and PC games, and value-added application tools. The company also provides eReading, a one-stop shop for book reviews; and free email, VIP mail, and corporate email services for enterprise users, as well as operates a Website for bloggers to publish and read original writings. SINA Corporation was founded in 1997 and is headquartered in Shanghai, the People's Republic of China.

SINA 08/15/16 Forecast
Opening Fair Value: 69.58
Today's Predicted High: 72.37
Today's Predicted Low: 68.72
Today's Proposed Range: 3.65
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
74.19 Upside Potential R2
72.37 Upside Potential R1
71.41 High Level R2
70.64 Low Level R1
69.58 Pivot Point
68.72 High Level S1
68.09 Low Level S2
67.76 Downside Potential S1
66.89 Downside Potential S2


#2-Stock Pick "BUY" of the Week ("CHMT")
Chemtura Corporation, Earnings Date: October 26, 2016, 2016.
CHMT (08/12/16 Close 30.53
)
Chemtura Corporation, together with its subsidiaries, develops, manufactures, and markets performance-driven engineered industrial specialty chemicals for industrial manufacturing customers in the United States and internationally. Its Industrial Performance Products segment offers synthetic base-stocks and petroleum additives that enable engine and machine protection through friction reduction, thermal and oxidative stabilization, detergency, corrosion inhibition, and wear protection in transportation and industrial lubricating fluids and greases; and synthetic finished lubricants and greases for aviation, marine, refrigeration, power generation, and general industrial applications. This segment also provides thermoset and thermoplastic urethane polymers for a range of industrial and recreational applications; and polyester polyols for cast polyurethane pre-polymers, flexible polyurethane foams, and water-based polyurethane dispersions for use in various coatings. The company’s Industrial Engineered Products segment offers catalyst components; surface treatments; flame retardants and a bromine based product line used as agricultural and pharmaceutical intermediates; completion fluids for oil and gas extraction; and mercury control products for coal fired power stations. It serves plastics, agriculture, fine chemicals, oil and gas, building and construction, insulation, electronics, mercury control, solar energy, pharmaceutical, and automotive industries. The company offers its industrial performance products under the Adiprene, Anderol, Durad, Everest, Fomrez, Hatcol, Hybase, Lobase, Naugalube, Reolube, Royco, Synton, Vibrathane, and Witcobond brands; and industrial engineered products under the Axion, DayStar, Emerald Innovation, Firemaster, Fyrebloc, GeoBrom, Kronitex, Meth-o-Gas, Ongard, Pyrobloc, Reofos, Smokebloc, Thermoguard, and Timonox brands. Chemtura Corporation was founded in 1900 and is based in Philadelphia, Pennsylvania.

CHMT 08/15/16 Forecast
Opening Fair Value: 30.32
Today's Predicted High: 30.75
Today's Predicted Low: 30.32
Today's Proposed Range: 0.43
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
31.22 Upside Potential R2
30.96 Upside Potential R1
30.75 High Level R2
30.54 Low Level R1
30.32 Pivot Point
30.32 High Level S1
30.11 Low Level S2
30.10 Downside Potential S1
28.63 Downside Potential S2


Most Recent "Bullish" Stock Picks:
HWAY (08/5/16 Close 17.76); EFC (08/05/16 Close 17.55); GTY (07/29/16 Close 22.72); DGX (07/29/16 Close 86.36); SABRA (07/22/16 Close 24.17); HPT (07/22/16 Close 31.811); ELS (07/15/16 Close 80.42); OTTR (07/15/16 Close 33.90); IGN (07/8/16 Close 35.93); EDR (07/8/16 Close 46.37); BKH (07/1/16 Close 64.08); DCM (07/1/16 Close 27.38); AWK (06/24/16 Close 79.93); CWT (06/24/16 Close 33.45); YORW (06/24/16 Close 30.72); CNS, Inc. (06/17/16 Close 39.68); SCG (06/17/16 Close 71.42); AGX (06/10/16 Close 42.96); STR (06/10/16 Close 25.04); MKSI (06/3/16 Close 41.57); EXLS (06/3/16 Close 52.28); KELYA (05/27/16 Close 19.80); GEL (05/20/16 Close 38.22); HSKA (05/13/16 Close: 39.56); JEC (05/06/16 Close: 48.65); E (04/29/16 Close: 32.77); MKTX (04/22/16 Close: 129.46); HTS (04/15/16 Close: 15.94); SUI (04/08/16 Close: 71.51); PZE (04/01/16 Close: 6.57); EXA (03/24/16 Close: 13.49); JHX (03/11/16 Close: 13.82); ALE (03/04/16 Close: 54.91).

Calendar of Economic Events and Corporate Earnings: The consumer price index (CPI) and last month's Federal Open Market Committee (FOMC) meeting minutes will highlight the economic calendar, as traders look for clues as to the timing of the Fed's next rate hike -- particularly in the wake of the last blowout payrolls report. Several Federal Reserve presidents will also give speeches throughout the week. Highlighting the earnings schedule for a second week running will be retailers, led by Wal-Mart Stores, Inc. (NYSE:WMT) and Target Corporation (NYSE:TGT), while blue chips Home Depot Inc (NYSE:HD) and Cisco Systems, Inc. (NASDAQ:CSCO) will also report.

Monday, August 15

The Empire State manufacturing survey, NAHB housing market index, and Treasury International Capital (TIC) data will kick off the week's economic reports. Sysco (SYY) and Vipshop (VIPS) will report quarterly earnings.

Tuesday, August 16

The CPI, housing starts and building permits, and industrial production figures will be reported on Tuesday, and Atlanta Fed President Dennis Lockhart will speak in the afternoon. Stepping into the earnings spotlight will be HD, Advanced Auto Parts (AAP), Cree (CREE), Dicks Sporting Goods (DKS), TJX Companies (TJX), and Urban Outfitters (URBN).

Wednesday, August 17

July's FOMC meeting minutes are due, along with the weekly crude inventories report from the Energy Information Administration (EIA). St. Louis Fed President James Bullard will give a speech. CSCO, Agilent (A), American Eagle Outfitters (AEO), Analog Devices (ADI), JA Solar (JASO), L Brands (LB), Lowe's (LOW), NetApp (NTAP), Staples (SPLS), and TGT are among the firms due to release earnings results.

Thursday, August 18

Weekly jobless claims and the Philadelphia Fed business outlook survey are due for release Thursday, and San Francisco Fed President John Williams will speak in the evening. Taking their turns in the earnings confessional will be WMT, Applied Materials (AMAT), Canadian Solar (CSIQ), Gap (GPS), Hormel Foods (HRL), Perry Ellis (PERY), and Ross Stores (ROST).

Friday, August 19

There are no major economic reports due on Friday. Reports from Buckle (BKE), Cheetah Mobile (CMCM), Deere (DE), Estee Lauder (EL), and Foot Locker (FL) will round out the week's earnings calendar.

Good luck and good trading!

MktMetrics, Inc. Web Partners include:

Lightspeed Trading, LLC
Lightspeed Trading, LLC provides securities and direct access brokerage, trading, and order routing services. It offers Lightspeed Trader, a market access trading system for executing equities, options, and futures. The company also provides Lightspeed Risk, an equity risk management application for monitoring profit and loss, and stock activities and positions. It was formerly known as E*TRADE Professional Trading, LLC and changed its name to Lightspeed Trading, LLC in 2006. The company is based in New York, New York. Lightspeed Trading, LLC operates as a subsidiary of Lightspeed Financial, LLC.

Interactive Brokers Group, Inc.
Interactive Brokers conducts its broker/dealer and proprietary trading businesses on over 80 market destinations worldwide. In its broker dealer agency business, IB provides direct access ("on line") trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, bonds and funds worldwide. In its proprietary trading business IB engages in market making for its own account in about Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia, India, China and 6,500 different electronically traded products. Interactive Brokers' headquarters are in Greenwich Connecticut, and it has about 800 employees in its offices in the USA, Estonia. IB is regulated by the SEC, FINRA, NYSE, SFA and other regulatory agencies around the world.

Disclaimer:
The information and data contained in this site was obtained from independent research and development believed to be reliable, but accuracy is not guaranteed. Neither the information, nor any opinion expressed, constitutes a recommendation to purchase or sell a security, or to provide investment advice. Stocks and stock options involve risks and are not suitable for all investors. This site is not a solicitation of an offer to buy shares in any fund whose performance is provided in this site. Such an offer can be solicited only by a fund directly or its agent.

Saturday, August 13, 2016

Portfolio Managers' Top 31 Equities

ARE
BDX
DEI
DGX
FR
IGT
ITW
IVV
IWB
IWD
IWF
LMT
NVDA
PLD
POOL
QLD
QQQ
RPM
SCHB
SDY
SPY
SSO
STS
SWK
SXT
TSM
UPRO
VOO
VTI
VTV
VYM

Friday, August 12, 2016

DJIA Nightly Analysis Update, XRT and JCP Friday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Friday: 13%
Trend: Rising 58%
Momentum: Rising 87%
Outlook: Bullish 73% Falling


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 86.2%

Symbol: XRT
Exchange: NYSEArca
Description: SPDR S&P Retail ETF

XRT 08/11/16 Final Numbers
(Open) 45.44
(High) 45.62
(Low) 44.72
(Close) 45.26
(Range) 0.90


XRT 08/12/16 Forecast
Opening Fair Value: 45.22
Today's Predicted High: 45.55
Today's Predicted Low: 44.98
Today's Proposed Range: 0.57
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
46.08 Upside Potential R2
45.83 Upside Potential R1
45.55 High Level R2
45.51 Low Level R1
45.22 Pivot Point
44.98 High Level S1
44.94 Low Level S2
44.69 Downside Potential S1
44.53 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 71 Up from 62
Volume Internal Strength: Positive 2.10/1.22 Up
Current Trend: Positive 4 Up from -9
Demand Factor: 82 Up from 77
Stock Volatility: 1.56 Up from -0.25


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

45.61
46.17
46.35
46.53


Predicted Block Trading Support Levels (100,000+ shares)

44.71
44.53
44.35
43.83


XRT 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 44.42
21 DAY MOVING AVERAGE = 44.51
50 DAY MOVING AVERAGE = 43.12
65 DAY MOVING AVERAGE = 42.73
30 WEEK MOVING AVERAGE = 42.96
200 DAY MOVING AVERAGE = 43.29


Symbol: JCP
Exchange: NYSE
Description: JC Penney operates a network of department stores in the U.S. and Puerto Rico. It also sells products through its Website, jcpenney.com.; was founded in 1902 and is based in Plano, TX.

08/11/16 Final Numbers
(Open) 9.61
(High) 10.11
(Low) 9.58
(Close) 9.94
(Range) 0.53


JCP 08/12/16 Forecast
Opening Fair Value: 9.83
Today's Predicted High: 10.07
Today's Predicted Low: 9.81
Today's Proposed Range: 0.26
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
10.77 Upside Potential R2
10.20 Upside Potential R1
10.07 High Level R2
9.96 Low Level R1
9.83 Pivot Point
9.81 High Level S1
9.70 Low Level S2
9.68 Downside Potential S1
9.42 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 66 Up from 56
Volume Internal Strength: Positive 4.10/1.63 Up
Current Trend: Positive 29 Up from 17
Demand Factor: 83 Up from 71
Stock Volatility: 1.07 Up from 0.38


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

9.77
9.80
10.14
10.31


Predicted Block Trading Support Levels (100,000+ shares)

9.91
9.74
9.42
9.39


JCP 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 9.36
21 DAY MOVING AVERAGE = 9.22
50 DAY MOVING AVERAGE = 8.80
65 DAY MOVING AVERAGE = 8.54
30 WEEK MOVING AVERAGE = 8.87
200 DAY MOVING AVERAGE = 8.60


Friday, August 12

Retail sales, the producer price index (PPI), business inventories, and the Thomson Reuters/University of Michigan consumer sentiment survey are all due on Friday. J C Penney (JCP) will step up to the earnings plate.

Good luck and good trading!

Thursday, August 11, 2016

DJIA Nightly Analysis Update, GXC and BABA Thursday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Thursday: 58%
Trend: Falling 55%
Momentum: Falling 84%
Outlook: Bullish 73% Falling


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 83.1%

Symbol: GXC
Exchange: NYSEArca
Description: SPDR S&P China ETF

GXC 08/10/16 Final Numbers
(Open) 74.43
(High) 74.47
(Low) 74.05
(Close) 74.15
(Range) 0.42


GXC 08/11/16 Forecast
Opening Fair Value: 74.27
Today's Predicted High: 74.40
Today's Predicted Low: 73.90
Today's Proposed Range: 0.50
Buy/Sell Rating: Buy


Binary Ladder Pricing
74.79 Upside Potential R2
74.65 Upside Potential R1
74.52 High Level R2
74.40 Low Level R1
74.27 Pivot Point
74.02 High Level S1
73.90 Low Level S2
73.65 Downside Potential S1
72.94 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 82 Down from 84
Volume Internal Strength: Negative 0.60/0.93 Down
Current Trend: Positive 36 Down from 41
Demand Factor: 64 Down from 66
Stock Volatility: 0.26 Up from -0.03


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

75.53
75.63
75.92
75.96


Predicted Block Trading Support Levels (100,000+ shares)

72.98
72.94
72.67
72.57


GXC 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 72.91
21 DAY MOVING AVERAGE = 72.46
50 DAY MOVING AVERAGE = 70.33
65 DAY MOVING AVERAGE = 69.46
30 WEEK MOVING AVERAGE = 67.67
200 DAY MOVING AVERAGE = 69.70


Symbol: BABA
Exchange: NYSE
Description: Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People\'s Republic of China and internationally.

BABA 08/10/16 Final Numbers
(Open) 86.01
(High) 87.73
(Low) 86.01
(Close) 87.33
(Range) 1.72


BABA 08/11/16 Forecast
Opening Fair Value: 86.90
Today's Predicted High: 87.77
Today's Predicted Low: 86.90
Today's Proposed Range: 0.87
Buy/Sell Rating: Buy


Binary Ladder Pricing
88.20 Upside Potential R2
87.77 Upside Potential R1
87.43 High Level R2
87.34 Low Level R1
86.90 Pivot Point
86.90 High Level S1
86.47 Low Level S2
86.46 Downside Potential S1
84.29 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 98 Up from 97
Volume Internal Strength: Negative 1.90/0.88 Up
Current Trend: Positive 47 Up from 27
Demand Factor: 100 Unch
Stock Volatility: 3.42 Up from 0.23


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

87.73
87.73
89.08
89.48


Predicted Block Trading Support Levels (100,000+ shares)

85.98
85.58
84.29
84.29


BABA 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 84.84
21 DAY MOVING AVERAGE = 83.63
50 DAY MOVING AVERAGE = 80.37
65 DAY MOVING AVERAGE = 80.09
30 WEEK MOVING AVERAGE = 75.89
200 DAY MOVING AVERAGE = 77.36


Thursday, August 11

Weekly jobless claims and import and export prices will hit the Street on Thursday. Reporting earnings are Alibaba (BABA), Brinker International (EAT), Kohl's (KSS), Macy's (M), Nordstrom (JWN), NVIDIA (NVDA), Royal Gold (RGLD), and Sunrun (RUN).

Good luck and good trading!

Wednesday, August 10, 2016

DJIA Nightly Analysis Update, XRT and KORS Wednesday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Wednesday: 45%
Trend: Falling 61%
Momentum: Falling 87%
Outlook: Bullish 74% Falling


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 85.8%

Symbol: XRT
Exchange: NYSEArca
Description: SPDR S&P Retail ETF

XRT 08/09/16 Final Numbers
(Open) 44.64
(High) 44.64
(Low) 44.12
(Close) 44.17
(Range) 0.52


XRT 08/10/16 Forecast
Opening Fair Value: 44.39
Today's Predicted High: 44.68
Today's Predicted Low: 43.66
Today's Proposed Range: 1.02
Buy/Sell Rating: Buy


Binary Ladder Pricing
45.19 Upside Potential R2
45.03 Upside Potential R1
44.90 High Level R2
44.68 Low Level R1
44.39 Pivot Point
43.88 High Level S1
43.75 Low Level S2
43.66 Downside Potential S1
43.15 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 67 Down from 72
Volume Internal Strength: Positive 1.00/1.27 Down
Current Trend: Negative -2 Down from 12
Demand Factor: 86 Down from 96
Stock Volatility: -0.48 Up from -0.59


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

45.00
45.05
45.53
45.53


Predicted Block Trading Support Levels (100,000+ shares)

43.75
43.75
43.29
43.24


XRT 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 44.49
21 DAY MOVING AVERAGE = 44.44
50 DAY MOVING AVERAGE = 43.03
65 DAY MOVING AVERAGE = 42.69
30 WEEK MOVING AVERAGE = 42.93
200 DAY MOVING AVERAGE = 43.29


Symbol: KORS
Exchange: NYSE
Description: Michael Kors Holdings Limited engages in the design, marketing, distribution and retail of branded women's apparel and accessories and men's apparel.

KORS 08/09/16 Final Numbers
(Open) 49.97
(High) 50.55
(Low) 49.50
(Close) 50.11
(Range) 1.05


KORS 08/10/16 Forecast
Opening Fair Value: 50.03
Today's Predicted High: 51.28
Today's Predicted Low: 48.94
Today's Proposed Range: 2.34
Buy/Sell Rating: Buy


Binary Ladder Pricing
52.45 Upside Potential R2
51.28 Upside Potential R1
51.20 High Level R2
51.03 Low Level R1
50.03 Pivot Point
48.97 High Level S1
48.94 Low Level S2
48.86 Downside Potential S1
47.77 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 66 Down from 67
Volume Internal Strength: Positive 1.60/1.12 Up
Current Trend: Negative -3 Down from 3
Demand Factor: 92 Up from 90
Stock Volatility: -1.53 Down from 0.31


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

50.49
50.97
51.11
51.56


Predicted Block Trading Support Levels (100,000+ shares)

49.54
49.11
48.97
48.51


KORS 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 50.55
21 DAY MOVING AVERAGE = 51.29
50 DAY MOVING AVERAGE = 50.01
65 DAY MOVING AVERAGE = 48.39
30 WEEK MOVING AVERAGE = 49.67
200 DAY MOVING AVERAGE = 47.50


Wednesday, August 10

Wednesday's economic calendar features the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), as well as the weekly crude inventories update and the Treasury Budget. KORS, JD.Com (JD), Perrigo Company (PRGO), Ralph Lauren (RL), Shake Shack (SHAK), Silver Wheaton (SLW), Spark Therapeutics (ONCE), and Wendy's (WEN) will tell all in the earnings confessional.

Good luck and good trading!

Tuesday, August 09, 2016

DJIA Nightly Analysis Update, DIA and DIS Tuesday Forecast

Nightly Analysis Update

Dow Jones Industrial Average
Probability of Being Up Tuesday: 55%
Trend: Rising 61%
Momentum: Falling 87%
Outlook: Bullish 74% Falling


Stock Market Outlook (DIA, SPY, QQQ, IWM, formulated)
Bullish 84.7%

Symbol: DIA
Exchange: NYSEArca
Description: Diamonds (Dow 30 Exchange Traded Fund)

DIA 08/08/16 Final Numbers
(Open) 185.50
(High) 185.70
(Low) 185.02
(Close) 185.28
(Range) 0.68


DIA 08/09/16 Forecast
Opening Fair Value: 185.37
Today's Predicted High: 185.85
Today's Predicted Low: 184.71
Today's Proposed Range: 1.14
Buy/Sell Rating: Buy


Binary Ladder Pricing
186.42 Upside Potential R2
186.27 Upside Potential R1
185.94 High Level R2
185.85 Low Level R1
185.37 Pivot Point
184.80 High Level S1
184.71 Low Level S2
184.14 Downside Potential S1
181.79 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 78 Up from 76
Volume Internal Strength: Negative 0.60/0.97 Down
Current Trend: Positive 40 Down from 57
Demand Factor: 99 Down from 100
Stock Volatility: -0.24 Down from 3.14


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

188.72
188.99
189.21
189.41


Predicted Block Trading Support Levels (100,000+ shares)

181.99
181.79
181.57
181.32


DIA 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 184.09
21 DAY MOVING AVERAGE = 184.40
50 DAY MOVING AVERAGE = 180.58
65 DAY MOVING AVERAGE = 179.67
30 WEEK MOVING AVERAGE = 174.12
200 DAY MOVING AVERAGE = 174.64


Symbol: DIS
Exchange: NYSE
Description: The Walt Disney Company operates as an entertainment company worldwide.

DIS 08/08/16 Final Numbers
(Open) 96.11
(High) 96.29
(Low) 95.58
(Close) 95.75
(Range) 0.71


DIS 08/09/16 Forecast
Opening Fair Value: 95.93
Today's Predicted High: 96.37
Today's Predicted Low: 95.13
Today's Proposed Range: 1.24
Buy/Sell Rating: Sell


Binary Ladder Pricing
96.99 Upside Potential R2
96.55 Upside Potential R1
96.37 High Level R2
96.10 Low Level R1
95.93 Pivot Point
95.31 High Level S1
95.13 Low Level S2
94.51 Downside Potential S1
94.19 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Negative 16 Down from 19
Volume Internal Strength: Positive 1.10/1.20 Down
Current Trend: Negative -46 Down from -34
Demand Factor: 35 Down from 41
Stock Volatility: -0.35 Down from 0.05


Extreme Trading Conditions: Levels 1-4
Predicted Block Trading Resistance Levels (100,000+ shares)

97.49
97.67
98.03
98.22


Predicted Block Trading Support Levels (100,000+ shares)

94.36
94.19
93.84
93.67


DIS 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 95.66
21 DAY MOVING AVERAGE = 97.57
50 DAY MOVING AVERAGE = 97.92
65 DAY MOVING AVERAGE = 98.67
30 WEEK MOVING AVERAGE = 98.18
200 DAY MOVING AVERAGE = 101.86


Tuesday, August 9

Productivity and labor costs will be released on Tuesday, as will wholesale inventories. Earnings are due from Walt Disney (DIS), VRX, FOSL, Cheniere Energy (LNG), Coach (COH), Cyberark Software (CYBR), Halozyme Therapeutics (HALO), Infinity Pharmaceuticals (INFI), Jazz Pharmaceuticals (JAZZ), Mylan (MYL), Myriad Genetics (MYGN), Red Robin Gourmet Burgers (RRGB), SolarCity (SCTY), SunPower (SPWR), Wayfair (W), WhiteWave Foods (WWAV), Yelp (YELP), and ZIOPHARM Oncology (ZIOP).

Good luck and good trading!

Sunday, August 07, 2016

Stock Market Key Metrics, 2-Stock Picks "BUYS" of the Week, Trading DIA and SPY Monday, Bearish Stocks to "SELL Now", Tracking SPDR 12 SELECT SECTORS ETFs, Calendar of Economic Events & Corporate Earnings



Information provided by: www.MktMetrics.com Premium

Note: As of 7-1-16, MktMetrics no longer reports on stocks under $10.00 p/share.

Friday August 5, 2016 DJIA Closed: 18543.53 +191.48 vs. 18432.24 -24.11 Prior week, .57% ABOVE its RISING 21-day moving average of 18437.52 vs. 18321.60 Prior week. (Overbought: Above 21-DMA +4.61 reached on 10-23-15) vs. (Oversold: Below 21-DMA -6.21% reached on 1-15-16 (Historic High: 10.56% on 3-26-09 vs. Historic Low: -26.03% on 5-7-10). Upper 3.5% band: 19082.80U vs. Lower 3.5% band: 17792.20U

DJIA Least Squares Regression Channel Top: New High 19,165U and Channel Bottom: Rose 16,677U.) Historic High 19,165.09 7-29-16, bottomed 3-24-16 Low 15,542.

DIA Trend: 8-day M/A 184.00D vs. 21-day M/A 184.21U Spread: -0.21D vs. 1.81D Prior Week ("M/A Trend Crossover SELL Signal" occurred on 8-5-16.) (Historic High Spread: +5.30 11-7-14 / Historic Low Spread: -7.14 8-15-11). (*A Favorite Indicator as the Spread acts as an early warning signal of a shift in portfolio positions by smart money moving in, or out, of the DIA.)

DIA Price Volatility: Increased Friday 3.14 Up from 0.06 Thursday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(6.0+ is considered High Volatility on the immediate horizon. Stay on the sidelines when this occurs.)

DIA Proposed Range: Monday 1.22 vs. 1.86 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16)

DIA Price Momentum: Rose 87%U vs. 84%D Prior week (Historic High: 100% 2-22-12, 97% 4-22-16 / Historic Low: 3% on 9-4-15, 3% 8-21-15, 3% 8-19-11, 3% 6-30-09, and 3% on 10-22-08)

DIA MACD: MACD Crossover "SELL" Signal on 7-27-16. Sell remains in effect.

DIA 5-Day Stochastic%D: Rose 68U vs. 40D Prior week (Historic High: 100 / Historic Low: 0)

DIA Relative Strength 14-Day: Fell 51%D vs. 65%D Prior week
(High 100 3-19-10 / Low 0 7-6-10 & 8-10-11) (Overbought =+75) / (Oversold =-25)

DIA Commodity Channel Index: Rose 31U vs. -102D Prior week (Overbought: =>+200 / Oversold: =<-200>) (Historic High: 309.49 12-12-14, 306 11-4-10 / Historic Low: -318 5-6-10, -312 8-21-15.)

McClellan Oscillator: Fell -15.66D vs. -11.91D Prior week (an overbought / oversold indicator.) (Historic High: 386.03 1-6-09 & 332.00 3-3-16 / Historic Low: -438.08 8-8-11)

Summation Index: Fell 4386.21D vs. 4776.02D Prior week ("Bull Market Breakout" +2500.00 / "Bear Market Breakdown" -2500.00)(Historic High: 5599.98 9-22-09 / Historic Low: -4699.43 11-20-08)

DIA Outlook: Fell 74%D vs. 85%D Prior Week (*A Favorite Indicator as it tracks Institutional Sentiment.) (Historic High: 98% 7-22-16 / Historic Low: 2% 3-11-09)

DIA Probability of Being "UP" Monday, 8-8-16: 10% vs. 48% Last Monday
(a reading of 52+ is positive, a reading of 48- is negative) (Historic High: 100 / Historic Low: 0)

Dow 30 + DIA: 22 Buy vs. 9 Sell, Fell 71%D vs. 87%D Prior Week. (A reading of 52+ is Positive, a reading of 48- is Negative.) (*A Favorite Indicator as its direction most often predicts near term market action.) (an 87%+ reading is Overbought 97% was reached 7-22&7-15-16); (a 13% reading is Oversold, reached on 12-3-15 & 6-15-15, 10% on 8-26-15, 6% on 9-11-15.) (Historic High: 100 / Historic Low: 0)

DIA Directional Indicator: Fell 57D vs. 68U Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)

SPY Directional Indicator: Fell 71D vs. 83U Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)

QQQ Directional Indicator: Fell 58D vs. 71U Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)

IWB Directional Indicator: Fell 54D vs. 56U Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)

IWM Directional Indicator: Fell 52D vs. 58U Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)

IWM/IWB Computation: (IWM Close 122.30 vs. IWB Close 121.18D) Spread: .006 Rose 1.009U vs. 1.003N Prior Week (Small Cap Relative Strength Ratio is calculated taking the daily closing value of the Russell 2000 Index, and dividing it by the Russell 1000. If the line moves upward, then the Russell 2000 is outperforming on a relative basis.
That can mean going up faster, or going down more slowly. If the line is moving downward, then the small cap universe is generally doing worse than the large caps, on a relative basis. (*A Favorite Indicator as the Spread points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)

Market Comment
DJIA Resistance: 18,760
DJIA Support: 18,114
Stock Market is vulnerable to a pull-back.


A U.S. stock market that rose again to record highs on Friday on the back of a robust employment report will take its cues next week from a facet of the economy that also has shown signs of strength: the consumer.
Quarterly earnings reports from department store operators including Macy's (M), luxury goods companies such as Michael Kors (KORS) and entertainment company Disney (DIS), will set the tone for Wall Street, with investors also eyeing U.S. retail sales data due on Friday.

Stocks headed into next week on a positive note, with the S&P 500 (SPY) rising to a fresh intraday all-time high on Friday after two weeks of little change to the benchmark index.
On the heels of a tepid second-quarter growth report, the jobs data painted a rosier picture of the economy. Recent data has shown solid consumer spending, including higher-than-expected outlays in June as households bought more goods and services.

After a tepid first half, the S&P consumer discretionary sector (XLY) has climbed more than 4 percent since the end of June, helping lead the market along with Technology (XLK) and Healthcare (XLV).
With two-thirds of the consumer discretionary sector reporting so far, second-quarter earnings are expected to have climbed 12.5 percent, better than the 9 percent rise expected at the start of July, according to Thomson Reuters I/B/E/S.
To continue the momentum, department store operators, including Macy's, Kohls (KSS) and Nordstrom (JWN), will be in focus after gloomy results a quarter ago.
With about 85 percent of the overall S&P 500 already reported, second-quarter earnings are expected to have fallen 2.6 percent, not as dire as feared at the start of July. However, third-quarter profits are now expected to be negative.
The retail sales report will provide a further sense of the economy's health, but it also could give the Federal Reserve more ammunition to raise interest rates later in the year. After the strong jobs data, traders boosted bets that the central bank could raise rates as soon as December.

Some investors worry stock valuations have become too expensive. The S&P 500 (SPY)is trading at 17.1 times earnings estimates of its component companies over the next 12 months, well above its average of 14.5 times over the past five years.
Countering those concerns is sentiment that with bond yields low, investors will stay attracted to stocks, especially those with lofty dividends.

DIA 08/08/16 Forecast
Opening Fair Value: 184.65
Today's Predicted High: 185.87
Today's Predicted Low: 184.65
Today's Proposed Range: 1.22
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
186.48 Upside Potential R2
185.87 Upside Potential R1
185.36 High Level R2
185.26 Low Level R1
184.65 Pivot Point
184.65 High Level S1
184.04 Low Level S2
184.04 Downside Potential S1
180.71 Downside Potential S2


SPY 08/08/16 Forecast
Opening Fair Value: 217.66
Today's Predicted High: 219.00
Today's Predicted Low: 217.36
Today's Proposed Range: 1.64
Buy/Sell Rating: Buy


Binary Ladder Pricing
219.82 Upside Potential R2
219.00 Upside Potential R1
218.48 High Level R2
218.28 Low Level R1
217.66 Pivot Point
217.36 High Level S1
216.84 Low Level S2
216.54 Downside Potential S1
212.87 Downside Potential S2


SPDR 12 Select Sector ETFs
WEEKLY COMPARISONS

Week ending August 5, 2016
83% XLF (Financials)
79% XLI (Industrials)
78% XBI (Biotech)
78% XTL (Telecommunications)
74% XLB (Materials)
72% XLK (Information Technology)
72% XLV (Healthcare)
69% XRT (Retail)
64% GXC (China)
64% XLU (Utilities)
60% XLE (Energy)
42% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 70% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending July 29, 2016
83% XTL (Telecommunications)
83% XLF (Financials)
80% XLU (Utilities)
80% XBI (Biotech)
78% XLI (Industrials)
77% XLB (Materials)
77% XLK (Information Technology)
77% XLV (Healthcare)
75% XRT (Retail)
65% GXC (China)
54% XLE (Energy)
49% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 73% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending July 22, 2016
86% XLV (Healthcare)
86% XTL (Telecommunications)
83% XLU (Utilities)
83% XLI (Industrials)
83% XLF (Financials)
81% XLK (Information Technology)
79% XRT (Retail)
78% XLB (Materials)
74% XBI (Biotech)
62% GXC (China)
57% XLY & XLP (Consumer Discretionary & Staples combined)
57% XLE (Energy)
AVERAGE: 76% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending July 15, 2016
87% XTL (Telecommunications)
82% XLF (Financials)
82% XLU (Utilities)
81% XLI (Industrials)
80% XRT (Retail)
79% XLV (Healthcare)
79% XLB (Materials)
76% XLK (Information Technology)
66% XLE (Energy)
64% XBI (Biotech)
61% GXC (China)
60% XLY & XLP (Consumer Discretionary & Staples combined)
AVERAGE: 75% KEY: 52%-100% = Positive, 48%-0% = Negative

Selected Stocks this Week to SELL/Go-SHORT (8-8-16 to 8-12-16 "BEARISH":
AAWW, ADMS, AMCX, ATRC, BIV, BND, BZQ, CCC, CF, CORN, CVT, EDZ, EEV, ERY, EUM, FAZ, FGL, NGVC, NRK, PSQ, QID, RWM, SDS, SH, SKF, SPXS, SPXU, SQQQ, SRTY, TECS, TFI, TWM, TZA, USAK, VCSH, VRTU, VXX, YANG. (38, 8-5 vs. 35, 7-29, 17, 7-22 vs. 32, 7-15)

Conclusion:
Selling is gaining, an early warning signal. The chart of US Bonds appears to have been parabolic up in the last 3-4 months. Be careful. When parabolas break, bad things usually happen. Time says more downside action can cause all bonds to sell off due to interest rate hikes. Start to Sell some bonds now. A government bond sell-off would trigger pressure on interest rates. We highly recommend safety in cash.
Lastly, the 60-year cycle in interest rates has been operating for as long as interest rate data have reliably been collected. And right now it is saying that we should be in an upward trend for interest rates, lasting until 2040. So the negative interest rate policy (NIRP) being foisted upon us by the smart people who run the world’s central banks is running contrary to that cycle, and thus is storing up problems for the future. Delaying the inevitable just makes the inevitable that much more painful once it gets here. This is why we highly recommend safety in cash.

2-Stock Picks of the Week "BULLISH BUY Go-Long" (8-8-16 to 8-12-16): "HWAY and "EFC"

#1-Stock Pick "BUY" of the Week
HWAY (08/5/16 Close 17.76) Earnings Date: Aug 9, 2016
Healthways, Inc., together with its subsidiaries, provides network delivered solutions and population health management services to help people to enhance well-being and health. The company offers network solutions, including SilverSneakers senior fitness program to members of medicare advantage, medicare supplement, and group retirees; the Prime Fitness program through commercial health plans, employers, and insurance exchanges; and Physical Medicine access program to individuals through health plans and employers who seek health services, such as physical therapy, occupational therapy, speech therapy, chiropractic care, acupuncture, etc. Its population health technology platform uses its proprietary analytics and predictive models to stratify the population and develop individualized well-being enhancement plans, and deliver targeted action-based solutions for enhancing individual and organizational performance. The company's intervention services are delivered through its well-being improvement call centers, as well as through various methods, including venue-based face-to-face interactions; print; phone; mobile and remote devices with applications; on-line Web-based portals, such as social networks; and any combination of these methods. Healthways, Inc. serves health plans and self-insured employers, including state and municipal government entities; and integrated healthcare systems and hospitals, as well as commercial healthcare businesses and/or government entities in Australia, Brazil, and France. The company was formerly known as American Healthways, Inc. and changed its name to Healthways, Inc. in January 2006. Healthways, Inc. was founded in 1981 and is headquartered in Franklin, Tennessee.

HWAY 08/08/16 Forecast
Opening Fair Value: 17.46
Today's Predicted High: 18.16
Today's Predicted Low: 17.36
Today's Proposed Range: 0.80
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
18.56 Upside Potential R2
18.16 Upside Potential R1
17.86 High Level R2
17.86 Low Level R1
17.46 Pivot Point
17.36 High Level S1
17.06 Low Level S2
16.96 Downside Potential S1
16.80 Downside Potential S2


#2-Stock Pick "BUY" of the Week ("EFC")
Ellington Financial LLC, Earnings Date: Nov 3, 2016, 2016.

EFC (08/05/16 Close 17.55)
Ellington Financial LLC, through its subsidiary, Ellington Financial Operating Partnership LLC, operates as a specialty finance company in the United States. It primarily acquires and manages mortgage-related assets, including residential mortgage-backed securities (RMBS) backed by prime jumbo, Alternative A-paper, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; commercial mortgage loans and other commercial real estate debt; mortgage servicing rights; and real property and mortgage-related derivatives. The company also invests in corporate debt and equity securities and derivatives, consumer loans and asset-backed securities backed by consumer and commercial assets, and non-mortgage-related derivatives, as well as other financial assets, including private debt and equity investments in mortgage related entities. Ellington Financial LLC was founded in 2007 and is based in Old Greenwich, Connecticut.

EFC 08/08/16 Forecast
Opening Fair Value: 17.49
Today's Predicted High: 17.62
Today's Predicted Low: 17.49
Today's Proposed Range: 0.13
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
17.68 Upside Potential R2
17.65 Upside Potential R1
17.62 High Level R2
17.56 Low Level R1
17.49 Pivot Point
17.49 High Level S1
17.43 Low Level S2
17.42 Downside Potential S1
16.86 Downside Potential S2


Most Recent "Bullish" Stock Picks:
GTY (07/29/16 Close 22.72); DGX (07/29/16 Close 86.36); SABRA (07/22/16 Close 24.17); HPT (07/22/16 Close 31.811); ELS (07/15/16 Close 80.42); OTTR (07/15/16 Close 33.90); IGN (07/8/16 Close 35.93); EDR (07/8/16 Close 46.37); BKH (07/1/16 Close 64.08); DCM (07/1/16 Close 27.38); AWK (06/24/16 Close 79.93); CWT (06/24/16 Close 33.45); YORW (06/24/16 Close 30.72); CNS, Inc. (06/17/16 Close 39.68); SCG (06/17/16 Close 71.42); AGX (06/10/16 Close 42.96); STR (06/10/16 Close 25.04); MKSI (06/3/16 Close 41.57); EXLS (06/3/16 Close 52.28); KELYA (05/27/16 Close 19.80); GEL (05/20/16 Close 38.22); HSKA (05/13/16 Close: 39.56); JEC (05/06/16 Close: 48.65); E (04/29/16 Close: 32.77); MKTX (04/22/16 Close: 129.46); HTS (04/15/16 Close: 15.94); SUI (04/08/16 Close: 71.51); PZE (04/01/16 Close: 6.57); EXA (03/24/16 Close: 13.49); JHX (03/11/16 Close: 13.82); ALE (03/04/16 Close: 54.91); CNSL (02/26/16 Close: 22.98); HSIC (02/19/16 Close: 166.24); EDE (02/12/16 Close: 32.99); AEM (02/05/16 Close: 33.51).

Calendar of Economic Events and Corporate Earnings: While last week's earnings calendar was headlined by blue chips Procter & Gamble Co (NYSE:PG) and Pfizer Inc. (NYSE:PFE), this week's action brings biotechs and retailers into focus. On the biotech side, embattled drugmaker Valeant Pharmaceuticals Intl Inc (NYSE:VRX) will join a number of its sector peers when it unveils its highly anticipated report on Wednesday. Meanwhile, Fossil Group Inc (FOSL) and Michael Kors Holdings Ltd (NYSE:KORS) are among many names hoping to avoid the same post-earnings fate as Kate Spade & Co (NYSE:KATE). Retail stocks will remain in the spotlight through week's end, when retail sales close out a relatively light week of economic data.

Monday, August 8

The economic calendar is bare. Allergan (AGN), Clovis Oncology (CLVS), Dean Foods (DF), Endo International (ENDP), Hertz Global (HTZ), Horizon Pharma (HZNP), Inovio Pharmaceuticals (INO), Kite Pharma (KITE), Opko Health (OPK), Sina Corp (SINA), Twilio (TWLO), Tyson Foods (TSN), Vivint Solar (VSLR), and Weibo (WB) will all report earnings.

Tuesday, August 9

Productivity and labor costs will be released on Tuesday, as will wholesale inventories. Earnings are due from Walt Disney (DIS), VRX, FOSL, Cheniere Energy (LNG), Coach (COH), Cyberark Software (CYBR), Halozyme Therapeutics (HALO), Infinity Pharmaceuticals (INFI), Jazz Pharmaceuticals (JAZZ), Mylan (MYL), Myriad Genetics (MYGN), Red Robin Gourmet Burgers (RRGB), SolarCity (SCTY), SunPower (SPWR), Wayfair (W), WhiteWave Foods (WWAV), Yelp (YELP), and ZIOPHARM Oncology (ZIOP).

Wednesday, August 10

Wednesday's economic calendar features the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), as well as the weekly crude inventories update and the Treasury Budget. KORS, JD.Com (JD), Perrigo Company (PRGO), Ralph Lauren (RL), Shake Shack (SHAK), Silver Wheaton (SLW), Spark Therapeutics (ONCE), and Wendy's (WEN) will tell all in the earnings confessional.

Thursday, August 11

Weekly jobless claims and import and export prices will hit the Street on Thursday. Reporting earnings are Alibaba (BABA), Brinker International (EAT), Kohl's (KSS), Macy's (M), Nordstrom (JWN), NVIDIA (NVDA), Royal Gold (RGLD), and Sunrun (RUN).

Friday, August 12

Retail sales, the producer price index (PPI), business inventories, and the Thomson Reuters/University of Michigan consumer sentiment survey are all due on Friday. J C Penney (JCP) will step up to the earnings plate.

Good luck and good trading!

MktMetrics, Inc. Web Partners include:

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Interactive Brokers Group, Inc.
Interactive Brokers conducts its broker/dealer and proprietary trading businesses on over 80 market destinations worldwide. In its broker dealer agency business, IB provides direct access ("on line") trade execution and clearing services to institutional and professional traders for a wide variety of electronically traded products including stocks, options, futures, forex, bonds and funds worldwide. In its proprietary trading business IB engages in market making for its own account in about Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia, India, China and 6,500 different electronically traded products. Interactive Brokers' headquarters are in Greenwich Connecticut, and it has about 800 employees in its offices in the USA, Estonia. IB is regulated by the SEC, FINRA, NYSE, SFA and other regulatory agencies around the world.

Disclaimer:
The information and data contained in this site was obtained from independent research and development believed to be reliable, but accuracy is not guaranteed. Neither the information, nor any opinion expressed, constitutes a recommendation to purchase or sell a security, or to provide investment advice. Stocks and stock options involve risks and are not suitable for all investors. This site is not a solicitation of an offer to buy shares in any fund whose performance is provided in this site. Such an offer can be solicited only by a fund directly or its agent.