<$Next Day's Advance Market Decisions$>

Thursday, January 19, 2017

Dow 30 + DIA Analysis, AXP and IBM Thursday Forecast

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The economic calendar heats up on Thursday, Jan. 19, with the release of housing starts, weekly jobless claims, and the Philadelphia Fed business outlook survey. Additionally, the holiday-delayed weekly crude inventories report will hit the Street, while Williams is also due to speak. Stepping up to the earnings plate will be AXP, International Business Machines (IBM), Bank of New York Mellon (BK), BB&T (BBT), KeyCorp (KEY), Skyworks Solutions (SWKS), and Union Pacific (UNP).

Nightly Analysis Update

Dow 30 + DIA Analysis
Probability of Being Up Thursday: 55%
Trend: Falling 39%
Momentum: Falling 71%
Outlook: Bullish 61% Falling


Stock Market Outlook
Bullish 81.9%
(DIA, SPY, QQQ, IWM, formulated)

Symbol: AXP
Exchange: NYSE
Description: American Express provides charge and credit payment card products, and travel-related services worldwide.

AXP 01/18/17 Final Numbers
(Open) 77.11
(High) 77.60
(Low) 76.51
(Close) 77.48
(Range) 1.09


AXP 01/19/17 Forecast
Opening Fair Value: 77.11
Today's Predicted High: 78.20
Today's Predicted Low: 76.76
Today's Proposed Range: 1.44
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
78.92 Upside Potential R2
78.26 Upside Potential R1
78.20 High Level R2
77.83 Low Level R1
77.11 Pivot Point
76.76 High Level S1
76.39 Low Level S2
76.04 Downside Potential S1
75.57 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 83 Up from 78
Volume Internal Strength: Positive 1.40/1.32 Up
Current Trend: Positive 8 Up from 1
Demand Factor: 78 Up from 66
Stock Volatility: 0.39 Down from 0.89


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

78.04
78.65
79.03
79.15


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

76.05
75.93
75.57
74.98


AXP 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 76.56
21 DAY MOVING AVERAGE = 75.53
50 DAY MOVING AVERAGE = 73.36
65 DAY MOVING AVERAGE = 71.40
30 WEEK MOVING AVERAGE = 66.96
200 DAY MOVING AVERAGE = 66.22


Symbol: IBM
Exchange: NYSE
Description: International Business Machines develops and manufactures information technology (IT) products and services worldwide.

IBM 01/18/17 Final Numbers
(Open) 167.45
(High) 168.59
(Low) 166.69
(Close) 166.80
(Range) 1.90


IBM 01/19/17 Forecast
Opening Fair Value: 167.51
Today's Predicted High: 168.03
Today's Predicted Low: 165.58
Today's Proposed Range: 2.45
Buy/Sell Rating: Buy


Binary Ladder Pricing
169.25 Upside Potential R2
168.74 Upside Potential R1
168.03 High Level R2
167.60 Low Level R1
167.51 Pivot Point
166.29 High Level S1
165.58 Low Level S2
164.35 Downside Potential S1
164.10 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 59 Down from 68
Volume Internal Strength: Positive 1.20/1.02 Up
Current Trend: Negative -10 Down from -6
Demand Factor: 80 Down from 91
Stock Volatility: 0.80 Down from 1.46


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

170.02
170.14
170.80
171.96


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

165.22
164.10
163.46
163.36


IBM 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 167.55
21 DAY MOVING AVERAGE = 167.31
50 DAY MOVING AVERAGE = 163.95
65 DAY MOVING AVERAGE = 161.23
30 WEEK MOVING AVERAGE = 158.99
200 DAY MOVING AVERAGE = 156.60


Good luck and good trading!

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Wednesday, January 18, 2017

Dow 30 + DIA Analysis, NFLX, SCHW and AMTD Wednesday Forecast

Information provided by: MktMetrics.com Premium

MktMetrics.com will publish information by 7:30pm PT/10:30pm ET, providing our subscribers reliable advance market indication of what to expect the next trading day.

Nightly Analysis Update

Dow 30 + DIA Analysis
Probability of Being Up Wednesday: 55%
Trend: Falling 45%
Momentum: Rising 71%
Outlook: Bullish 63% Falling


Stock Market Outlook
Bullish 80.5%
(DIA, SPY, QQQ, IWM, formulated)

On Wednesday, Jan. 18, the consumer price index, industrial production data, and the Fed's Beige Book are all due. Minneapolis Fed President Neel Kashkari will take the mic. On the earnings front, GS, C, Netflix (NFLX), Charles Schwab (SCHW), Fastenal (FAST), TD Ameritrade (AMTD), and U.S. Bancorp (USB) are set to report.

Symbol: NFLX
Exchange: NasdaqGS
Description: Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. The Company operates in three segments: Domestic streaming, International streaming and Domestic DVD

NFLX 01/17/17 Final Numbers
(Open) 135.04
(High) 135.40
(Low) 132.09
(Close) 132.88
(Range) 3.31


NFLX 01/18/17 Forecast
Opening Fair Value: 133.80
Today's Predicted High: 134.10
Today's Predicted Low: 131.66
Today's Proposed Range: 2.44
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
135.32 Upside Potential R2
135.02 Upside Potential R1
134.10 High Level R2
133.80 Low Level R1
133.42 Pivot Point
132.58 High Level S1
132.34 Low Level S2
131.66 Downside Potential S1
130.44 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 71 Down from 73
Volume Internal Strength: Positive 1.80/1.12 Up
Current Trend: Positive 41 Down from 50
Demand Factor: 54 Down from 61
Stock Volatility: 5.05 Up from 3.97


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

134.73
135.54
137.74
138.11


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

132.69
132.34
130.22
129.45


NFLX 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 131.24
21 DAY MOVING AVERAGE = 127.98
50 DAY MOVING AVERAGE = 123.03
65 DAY MOVING AVERAGE = 122.29
30 WEEK MOVING AVERAGE = 107.14
200 DAY MOVING AVERAGE = 104.62


Symbol: SCHW
Exchange: NASD
Description: Charles Schwab & Co. provides securities brokerage, banking and related financial services to individuals and institutional clients.

SCHW 01/17/17 Final Numbers
(Open) 41.07
(High) 41.33
(Low) 40.26
(Close) 40.33
(Range) 1.07


SCHW 01/18/17 Forecast
Opening Fair Value: 40.61
Today's Predicted High: 40.61
Today's Predicted Low: 40.05
Today's Proposed Range: 0.56
Buy/Sell Rating: Buy


Binary Ladder Pricing
41.18 Upside Potential R2
40.89 Upside Potential R1
40.89 High Level R2
40.61 Low Level R1
40.61 Pivot Point
40.33 High Level S1
40.25 Low Level S2
40.05 Downside Potential S1
39.77 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 83 Down from 94
Volume Internal Strength: Negative 1.10/0.68 Up
Current Trend: Positive 7 Down from 16
Demand Factor: 85 Down from 95
Stock Volatility: 2.09 Up from 0.30


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

41.07
41.14
41.89
42.16


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

40.50
40.25
39.52
39.45


SCHW 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 41.10
21 DAY MOVING AVERAGE = 40.33
50 DAY MOVING AVERAGE = 38.51
65 DAY MOVING AVERAGE = 36.99
30 WEEK MOVING AVERAGE = 32.61
200 DAY MOVING AVERAGE = 31.64


Symbol: AMTD
Exchange: NasdaqGS
Description: TD Ameritrade provides securities brokerage services and technology-based financial services in the U.S. TD Ameritrade Holding Corporation was founded in 1971 and is based in Omaha, NE.

AMTD 01/17/17 Final Numbers
(Open) 46.42
(High) 46.68
(Low) 45.82
(Close) 45.87
(Range) 0.86


AMTD 01/18/17 Forecast
Opening Fair Value: 46.13
Today's Predicted High: 46.13
Today's Predicted Low: 45.61
Today's Proposed Range: 0.52
Buy/Sell Rating: Buy


Binary Ladder Pricing
46.73 Upside Potential R2
46.39 Upside Potential R1
46.39 High Level R2
46.13 Low Level R1
46.13 Pivot Point
45.87 High Level S1
45.61 Low Level S2
45.49 Downside Potential S1
45.35 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 86 Down from 96
Volume Internal Strength: Negative 1.60/0.82 Up
Current Trend: Positive 19 Down from 34
Demand Factor: 86 Down from 97
Stock Volatility: 1.54 Up from 1.14


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

46.74
46.79
47.35
47.61


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

45.75
45.49
44.95
44.90


AMTD 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 46.62
21 DAY MOVING AVERAGE = 45.12
50 DAY MOVING AVERAGE = 41.88
65 DAY MOVING AVERAGE = 40.34
30 WEEK MOVING AVERAGE = 35.19
200 DAY MOVING AVERAGE = 34.08


Good luck and good trading!

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Tuesday, January 17, 2017

Dow 30 + DIA Analysis, UNH and XLV Tuesday Forecast

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Wall Street will return to action first thing on Tuesday, Jan. 17, with the release of the Empire State manufacturing index and a speech from New York Fed President William Dudley both slated for before the opening bell, and a speech from San Francisco Fed President John C. Williams after the close. UnitedHealth Group Inc (UNH), CSX Corporation (CSX), Morgan Stanley (MS), and United Continental (UAL) are scheduled to report earnings.

Dow 30 + DIA Analysis
Probability of Being Up Tuesday: 55%
Trend: Rising 58%
Momentum: Falling 68%
Outlook: Bullish 64% Falling


Stock Market Outlook
Bullish 83.3%
(DIA, SPY, QQQ, IWM, formulated)

Symbol: UNH
Exchange: NYSE
Description: United Health Group provides healthcare services in the United States.

UNH 01/13/17 Final Numbers
(Open) 162.16
(High) 162.73
(Low) 161.41
(Close) 161.80
(Range) 1.32


UNH 01/17/17 Forecast
Opening Fair Value: 162.05
Today's Predicted High: 162.79
Today's Predicted Low: 160.81
Today's Proposed Range: 1.98
Buy/Sell Rating: Buy


Binary Ladder Pricing
163.78 Upside Potential R2
163.04 Upside Potential R1
162.79 High Level R2
162.76 Low Level R1
162.05 Pivot Point
161.06 High Level S1
160.81 Low Level S2
159.82 Downside Potential S1
158.92 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 77 Down from 79
Volume Internal Strength: Negative 0.80/0.78 Up
Current Trend: Positive 15 Down from 22
Demand Factor: 96 Down from 100
Stock Volatility: 0.00 Down from 3.12


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

164.64
165.04
165.40
165.98


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

159.48
158.92
158.56
158.18


UNH 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 162.01
21 DAY MOVING AVERAGE = 161.72
50 DAY MOVING AVERAGE = 155.97
65 DAY MOVING AVERAGE = 152.43
30 WEEK MOVING AVERAGE = 145.13
200 DAY MOVING AVERAGE = 141.83


Symbol: XLV
Exchange: NYSEArca
Description: Healthcare Select Sector Fund SPDR

XLV 01/13/17 Final Numbers
(Open) 70.97
(High) 71.16
(Low) 70.75
(Close) 70.92
(Range) 0.41


XLV 01/17/17 Forecast
Opening Fair Value: 70.95
Today's Predicted High: 71.24
Today's Predicted Low: 70.60
Today's Proposed Range: 0.64
Buy/Sell Rating: Buy


Binary Ladder Pricing
71.59 Upside Potential R2
71.56 Upside Potential R1
71.27 High Level R2
71.24 Low Level R1
70.95 Pivot Point
70.63 High Level S1
70.60 Low Level S2
70.28 Downside Potential S1
69.55 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 71 Down from 73
Volume Internal Strength: Negative 0.50/0.88 Down
Current Trend: Positive 11 Down from 19
Demand Factor: 67 Down from 68
Stock Volatility: -0.05 Down from 0.77


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

72.17
72.34
72.39
72.58


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

69.74
69.55
69.50
69.34


XLV 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 70.92
21 DAY MOVING AVERAGE = 69.93
50 DAY MOVING AVERAGE = 69.40
65 DAY MOVING AVERAGE = 69.36
30 WEEK MOVING AVERAGE = 71.39
200 DAY MOVING AVERAGE = 71.15


Good luck and good trading!

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We also have Premium Subscriptions at $39.95/month.

Sunday, January 15, 2017

Stock Market Key Metrics, DIA and SPY Tuesday Forecast, Tracking SPDR 13 SELECT SECTORS ETFs, Tracking 14 Industry Groups, This Week's Calendar of Economic Events & Corporate Earnings



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Friday January 13, 2017 DJIA Closed: 19885.73 -5.27 vs. 19963.80 +64.51 Prior week, .58% BELOW its FALLING 21-day moving average of 19888.69 vs. 19848.45 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: Rose 20584.8U vs. Lower 3.5% band: Rose 19192.6U

DIA Trend: 8-day M/A 198.92U vs. 21-day M/A 198.70U Spread: 0.22N vs. 0.22D Prior Week ("M/A Trend Crossover BUY Signal" occurred on 11-9-16.) (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 0.85 Down from 1.76 Thursday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(5.30+ is considered High Volatility on the immediate horizon. Move to the sidelines when this occurs.)

DIA Proposed Range: Tuesday 1.12 Up from 1.03 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16) (*When the Proposed Range is 0.99 or below, expect an immediate high volatility day, up or down.)

DIA Price Momentum: Unch#2 68%N vs. 68%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 12-21-16. Sell remains in effect.

DIA 5-Day Stochastic%D: Fell 61D vs. 83U Prior week (Historic High: 100 / Historic Low: 0)

DIA Relative Strength 14-Day: Fell 48%D vs. Overbought 56%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 26D vs. Fell 66U 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 51.99D vs. 66.55U 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: Rose 2949.68U vs. 2747.19U 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 64%D vs. 75%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" Tuesday, 1-17-17: 55%D vs. 32%D Last Monday
(a reading of 52+ is positive, a reading of 48- is negative) (Historic High: 100 / Historic Low: 0)

Dow 30 + DIA: 9 Buy vs. 22 Sell, Rose 29%U vs. 84%U 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 -11D vs. 40U Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)

SPY Directional Indicator: Fell -4D vs. 33U Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)

QQQ Directional Indicator: Fell 17D vs. 31U Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)

IWB Directional Indicator: Fell 0D vs. 27U Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)

IWM Directional Indicator: Fell -14D vs. -3D Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)

IWM/IWB Computation: (IWM Close: 136.26U vs. IWB Close: 126.58D) Ratio: Rose 1.076U vs. 1.071D 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 Ratio points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)

S&P 500 Dividend Aristocrats (SPDAUDP Close: Fell 961.01D vs. 966.91U Last Week) Directional Indicator: Fell -80D vs. 62U Prior Week (Historic Close High: 997.68 7-14-16 / Historic Price Low: 794.14 1-20-16) (*A Favorite Indicator: Interest Sensitive Investment).

SPDR S&P Dividend ETF (SDY)Close: Fell 85.99D vs. 86.35U Last Week) (Directional Indicator: Fell -7 vs. 15U Prior Week) (Historic High: 86.54 8-15-16 / Historic Low: 66.86 1-20-16)

DIA Levels
DIA Resistance: Rose 202.14U
DIA Support: Rose 195.19U

DIA and SPY Tuesday Forecast

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

DIA 01/13/17 Final Numbers
(Open) 198.92
(High) 199.35
(Low) 198.32
(Close) 198.70
(Range) 1.03


DIA 01/17/17 Forecast
Opening Fair Value: 198.83
Today's Predicted High: 199.26
Today's Predicted Low: 198.14
Today's Proposed Range: 1.12
Buy/Sell Rating: Sell


Binary Ladder Pricing
199.82 Upside Potential R2
199.56 Upside Potential R1
199.39 High Level R2
199.26 Low Level R1
198.83 Pivot Point
198.27 High Level S1
198.14 Low Level S2
197.58 Downside Potential S1
194.94 Downside Potential S2


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

SPY 01/13/17 Final Numbers
(Open) 226.73
(High) 227.40
(Low) 226.69
(Close) 227.05
(Range) 0.71


SPY 01/17/17 Forecast
Opening Fair Value: 227.01
Today's Predicted High: 227.71
Today's Predicted Low: 226.39
Today's Proposed Range: 1.32
Buy/Sell Rating: Sell


Binary Ladder Pricing
228.37 Upside Potential R2
228.03 Upside Potential R1
227.71 High Level R2
227.67 Low Level R1
227.01 Pivot Point
226.39 High Level S1
226.35 Low Level S2
225.73 Downside Potential S1
222.20 Downside Potential S2


SPDR 13 Select Sector ETFs
WEEKLY COMPARISONS

Week ending January 13, 2017
68% XLU (Utilities)
63% XLK (Information Technology)
60% XLF (Financials)
60% XLV (Healthcare)
58% XTL (Telecommunications)
56% XLRE (Real Estate)
54% XLB (Materials)
53% GXC (China)
53% XLI (Industrials)
50% XBI (Biotech)
47% XLE (Energy)
33% XLY & XLP (Consumer Discretionary & Staples combined)
29% XRT (Retail)
AVERAGE: 53% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending January 6, 2017
83% XLRE (Real Estate)
79% XLU (Utilities)
71% XLF (Financials)
67% XLK (Information Technology)
62% XLI (Industrials)
61% XLV (Healthcare)
59% XTL (Telecommunications)
57% XLE (Energy)
56% XBI (Biotech)
52% XLB (Materials)
48% GXC (China)
44% XLY & XLP (Consumer Discretionary & Staples combined)
35% XRT (Retail)
AVERAGE: 60% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 30, 2016
74% XLU (Utilities)
68% XLRE (Real Estate)
60% XTL (Telecommunications)
59% XLF (Financials)
51% XLE (Energy)
50% XLI (Industrials)
42% XLK (Information Technology)
40% XLV (Healthcare)
40% XLB (Materials)
35% XLY & XLP (Consumer Discretionary & Staples combined)
31% GXC (China)
30% XBI (Biotech)
27% XRT (Retail)
AVERAGE: 47% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 23, 2016
75% XLU (Utilities)
68% XLF (Financials)
66% XTL (Telecommunications)
64% XLE (Energy)
59% XLI (Industrials)
57% XLB (Materials)
53% XLRE (Real Estate)
52% XLK (Information Technology)
45% XLV (Healthcare)
41% XLY & XLP (Consumer Discretionary & Staples combined)
34% XBI (Biotech)
32% XRT (Retail)
31% GXC (China)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

Industry Group ETFs & Components
WEEKLY COMPARISONS

Week ending January 13, 2017
78% KRE (Big Banks & Regional Banks)
76% Bonds Top 31 Selected
67% ETFs Top 31 Issues in Market Capitalization
67% IGV (Software)
67% CARZ (Autos, Parts & Service)
66% SMH (Semiconductors)
64% Electronics Cos. Top 31 Selected
59% IYM (Chemicals)
57% IYT (Transportation)
55% IAK (Property & Casualty Insurance)
54% GLD (Gold & Gaming)
45% XOP (Oil & Gas Exploration & Production)
43% ITB (Homebuilders & Associates)
42% ITA (Aerospace & Defense)
AVERAGE: 60% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending January 6, 2017
82% KRE (Big Banks & Regional Banks)
76% Bonds Top 31 Selected
72% IAK (Property & Casualty Insurance)
65% ETFs (Exchange Traded Funds) Top 31 in Market Capitalization
63% IGV (Software)
63% CARZ (Autos, Parts & Service)
61% IYM (Chemicals)
58% XOP (Oil & Gas Exploration & Production)
52% GLD (Gold & Gaming)
52% SMH (Semiconductors)
49% Electronics Cos. Top 31 Selected
49% IYT (Transportation)
48% ITA (Aerospace & Defense)
39% ITB (Homebuilders & Associates)
AVERAGE: 59% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 30, 2016
87% KRE (Big Banks & Regional Banks)
74% IAK (Property & Casualty Insurance)
67% Bonds Top 31 Selected
56% CARZ (Autos, Parts & Service)
53% SMH (Semiconductors)
52% Electronics Cos. Top 31 Selected
50% XOP (Oil & Gas Exploration & Production)
48% IYM (Chemicals)
47% IYT (Transportation)
43% ITA (Aerospace & Defense)
41% ETFs Top 31 Issues in Market Capitalization
39% IGV (Software)
38% ITB (Homebuilders & Associates)
36% GLD (Gold & Gaming)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 23, 2016
90% KRE (Big Banks & Regional Banks)
77% IAK (Property & Casualty Insurance)
66% Bonds Top 31 Selected
65% XOP (Oil & Gas Exploration & Production)
64% IYM (Chemicals)
64% CARZ (Autos, Parts & Service)
64% SMH (Semiconductors)
63% Electronics Cos. Top 31 Selected
55% IYT (Transportation)
53% ITA (Aerospace & Defense)
48% ITB (Homebuilders & Associates)
47% IGV (Software)
39% ETFs Top 31 Issues in Market Capitalization
27% GLD (Gold & Gaming)
AVERAGE: 59% KEY: 52%-100% = Positive, 48%-0% = Negative

Good luck and good trading!

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Calendar of Economic Events and Corporate Earnings:
Earnings season kicks off in earnest next week, when a number of big-cap financial names -- including Goldman Sachs Group Inc (NYSE:GS) and Citigroup Inc (NYSE:C) -- are set to report. Additionally, GS will join several of its fellow Dow components in the earnings confessional, with American Express Company (NYSE:AXP) and General Electric Company (NYSE:GE) among the many blue-chip names on the docket. And while speeches from a handful of Federal Reserve officials are likely to draw attention, it's the historical event in Washington D.C. that will hold Wall Street's gaze. Specifically, Donald Trump will be inaugurated as the 45th U.S. president on Friday, Jan. 20.

Markets will be closed on Monday, Jan. 16, in observance of Martin Luther King Jr. Day.

Wall Street will return to action first thing on Tuesday, Jan. 17, with the release of the Empire State manufacturing index and a speech from New York Fed President William Dudley both slated for before the opening bell, and a speech from San Francisco Fed President John C. Williams after the close. UnitedHealth Group Inc (UNH), CSX Corporation (CSX), Morgan Stanley (MS), and United Continental (UAL) are scheduled to report earnings.

On Wednesday, Jan. 18, the consumer price index, industrial production data, and the Fed's Beige Book are all due. Minneapolis Fed President Neel Kashkari will take the mic. On the earnings front, GS, C, Netflix (NFLX), Charles Schwab (SCHW), Fastenal (FAST), TD Ameritrade (AMTD), and U.S. Bancorp (USB) are set to report.

The economic calendar heats up on Thursday, Jan. 19, with the release of housing starts, weekly jobless claims, and the Philadelphia Fed business outlook survey. Additionally, the holiday-delayed weekly crude inventories report will hit the Street, while Williams is also due to speak. Stepping up to the earnings plate will be AXP, International Business Machines (IBM), Bank of New York Mellon (BK), BB&T (BBT), KeyCorp (KEY), Skyworks Solutions (SWKS), and Union Pacific (UNP).

While the week concludes on Friday, Jan. 20, with speeches from Williams and Philadelphia Fed President Patrick Harker, all eyes will likely be on Trump's inauguration. Dow component GE will cap a week heavy with blue-chip earnings. Also heading the earnings confessional will be Kansas City Southern (KSU), Schlumberger (SLB), and SunTrust Banks (STI).

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.

Friday, January 13, 2017

Dow 30 + DIA Analysis, INFY and XLK Friday Forecast

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MktMetrics.com has introduced its new nightly output publishing by 7:30pm PT/10:30pm ET, resulting in providing our subscribers reliable advance market indication of what to expect the next day.

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The week wraps up on Friday, Jan. 13, with the release of December retail sales, the producer price index (PPI), business inventories, the Thomson Reuters/University of Michigan consumer sentiment survey, and the weekly Baker-Hughes rig count. The earnings docket is busy, with an emphasis on finance and bank earnings. JPM, Wells Fargo & Co (WFC), Bank of America (BAC), BlackRock (BLK), Infosys (INFY), and PNC Financial Services (PNC) are all set to deliver earnings.

Nightly Analysis Update
Dow 30 + DIA Analysis
Probability of Being Up Friday: 58%
Trend: Falling 52%
Momentum: Rising 74%
Outlook: Bullish 65% Falling


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

Symbol: INFY
Exchange: NASDAQ
Description: Infosys Technologies Ltd. provides information technology (IT) and consulting services worldwide.

INFY 01/12/17 Final Numbers
(Open) 15.30
(High) 15.38
(Low) 15.09
(Close) 15.25
(Range) 0.29


INFY 01/13/17 Forecast
Opening Fair Value: 15.24
Today's Predicted High: 15.41
Today's Predicted Low: 15.10
Today's Proposed Range: 0.31
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
15.63 Upside Potential R2
15.56 Upside Potential R1
15.41 High Level R2
15.40 Low Level R1
15.24 Pivot Point
15.10 High Level S1
15.09 Low Level S2
14.99 Downside Potential S1
14.94 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 57 Up from 52
Volume Internal Strength: Positive 1.10/1.87 Down
Current Trend: Positive 21 Down from 22
Demand Factor: 38 Up from 37
Stock Volatility: 0.25 Down from 0.70


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

15.39
15.56
15.61
15.69


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

15.07
14.99
14.95
14.79


INFY 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 14.99
21 DAY MOVING AVERAGE = 14.90
50 DAY MOVING AVERAGE = 14.68
65 DAY MOVING AVERAGE = 14.93
30 WEEK MOVING AVERAGE = 15.95
200 DAY MOVING AVERAGE = 16.68


Symbol: XLK
Exchange: NYSEArca
Description: Technology Select Sector SPDR ETF

XLK 01/12/17 Final Numbers
(Open) 49.42
(High) 49.56
(Low) 49.04
(Close) 49.51
(Range) 0.52


XLK 01/13/17 Forecast
Opening Fair Value: 49.34
Today's Predicted High: 49.69
Today's Predicted Low: 49.33
Today's Proposed Range: 0.36
Buy/Sell Rating: Buy


Binary Ladder Pricing
49.87 Upside Potential R2
49.69 Upside Potential R1
49.61 High Level R2
49.52 Low Level R1
49.34 Pivot Point
49.33 High Level S1
49.16 Low Level S2
49.15 Downside Potential S1
48.43 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 93 Unch
Volume Internal Strength: Negative 0.60/0.68 Down
Current Trend: Positive 8 Up from 4
Demand Factor: 100 Up from 94
Stock Volatility: 0.84 Up from 0.43


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

50.02
50.41
50.50
50.55


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

48.57
48.52
48.43
48.06


XLK 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 49.27
21 DAY MOVING AVERAGE = 49.04
50 DAY MOVING AVERAGE = 48.05
65 DAY MOVING AVERAGE = 47.92
30 WEEK MOVING AVERAGE = 46.81
200 DAY MOVING AVERAGE = 45.97

Sunday, January 08, 2017

Stock Market Key Metrics, DIA and SPY Monday Forecast, Tracking SPDR 13 SELECT SECTORS ETFs, Tracking 14 Industry Groups, This Week's Calendar of Economic Events & Corporate Earnings



Information provided by: www.MktMetrics.com Premium

Friday January 6, 2017 DJIA Closed: 19963.80 +64.51 vs. 19762.60 -57.18 Prior week, .58% ABOVE its RISING 21-day moving average of 19848.45 vs. 19712.42 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: Rose 20543.2U vs. Lower 3.5% band: Fell 19153.80D

DIA Trend: 8-day M/A 198.58D vs. 21-day M/A 198.36U Spread: 0.22D vs. 1.62D Prior Week ("M/A Trend Crossover BUY Signal" occurred on 11-9-16.) (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 2.42 Up from 1.57 Thursday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(5.30+ is considered High Volatility on the immediate horizon. Move to the sidelines when this occurs.)

DIA Proposed Range: Monday 1.28 vs. 1.66 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16) (*When the Proposed Range is 0.99 or below, expect an immediate high volatility day, up or down.)

DIA Price Momentum: Unch 68%N vs. 68%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 12-21-16. Sell remains in effect.

DIA 5-Day Stochastic%D: Rose 83U vs. 19D Prior week (Historic High: 100 / Historic Low: 0)

DIA Relative Strength 14-Day: Rose 56%U vs. Overbought 50%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 66U vs. Fell -166D 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: Rose 66.55U vs. -26.92D 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: Rose 2747.19U vs. 2394.62D 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 75%D vs. 80%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, 1-9-17: 32%D vs. 84%U Last Tuesday
(a reading of 52+ is positive, a reading of 48- is negative) (Historic High: 100 / Historic Low: 0)

Dow 30 + DIA: 26 Buy vs. 5 Sell, Rose 84%U 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: Rose 40U vs. 31D Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)

SPY Directional Indicator: Rose 33U vs. 14D Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)

QQQ Directional Indicator: Rose 31U vs. 0D Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)

IWB Directional Indicator: Rose 27U vs. 7D Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)

IWM Directional Indicator: Fell -3D vs. 12U Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)

IWM/IWB Computation: (IWM Close: 135.69U vs. IWB Close: 126.68U) Ratio: Fell 1.071D vs. 1.083N 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 Ratio points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)

S&P 500 Dividend Aristocrats (SPDAUDP Close: Rose 966.91U vs. 956.85D Last Week) Directional Indicator: Rose 62U vs. 37D Prior Week (Historic Close High: 997.68 7-14-16 / Historic Price Low: 794.14 1-20-16) (*A Favorite Indicator: Interest Sensitive Investment).

SPDR S&P Dividend ETF (SDY)Close: Rose 86.35U vs. 85.56D Last Week) (Directional Indicator: Rose 15U vs. 14U Prior Week) (Historic High: 86.54 8-15-16 / Historic Low: 66.86 1-20-16)

DIA Levels
DIA Resistance: Rose 202.14U
DIA Support: Rose 195.19U

DIA and SPY Tuesday Forecast

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

DIA 01/06/17 Final Numbers
(Open) 198.77
(High) 199.83
(Low) 198.17
(Close) 199.51
(Range) 1.66


DIA 01/09/17 Forecast
Opening Fair Value: 199.03
Today's Predicted High: 200.15
Today's Predicted Low: 198.87
Today's Proposed Range: 1.28
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
200.79 Upside Potential R2
200.34 Upside Potential R1
200.15 High Level R2
199.67 Low Level R1
199.03 Pivot Point
198.87 High Level S1
198.39 Low Level S2
198.23 Downside Potential S1
194.79 Downside Potential S2


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

SPY 01/06/17 Final Numbers
(Open) 226.53
(High) 227.75
(Low) 225.90
(Close) 227.21
(Range) 1.85


SPY 01/09/17 Forecast
Opening Fair Value: 226.84
Today's Predicted High: 228.06
Today's Predicted Low: 226.36
Today's Proposed Range: 1.70
Buy/Sell Rating: Buy


Binary Ladder Pricing
228.91 Upside Potential R2
228.11 Upside Potential R1
228.06 High Level R2
227.69 Low Level R1
226.84 Pivot Point
226.36 High Level S1
225.99 Low Level S2
225.51 Downside Potential S1
222.00 Downside Potential S2


SPDR 13 Select Sector ETFs
WEEKLY COMPARISONS

Week ending January 6, 2017
83% XLRE (Real Estate)
79% XLU (Utilities)
71% XLF (Financials)
67% XLK (Information Technology)
62% XLI (Industrials)
61% XLV (Healthcare)
59% XTL (Telecommunications)
57% XLE (Energy)
56% XBI (Biotech)
52% XLB (Materials)
48% GXC (China)
44% XLY & XLP (Consumer Discretionary & Staples combined)
35% XRT (Retail)
AVERAGE: 60% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 30, 2016
74% XLU (Utilities)
68% XLRE (Real Estate)
60% XTL (Telecommunications)
59% XLF (Financials)
51% XLE (Energy)
50% XLI (Industrials)
42% XLK (Information Technology)
40% XLV (Healthcare)
40% XLB (Materials)
35% XLY & XLP (Consumer Discretionary & Staples combined)
31% GXC (China)
30% XBI (Biotech)
27% XRT (Retail)
AVERAGE: 47% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 23, 2016
75% XLU (Utilities)
68% XLF (Financials)
66% XTL (Telecommunications)
64% XLE (Energy)
59% XLI (Industrials)
57% XLB (Materials)
53% XLRE (Real Estate)
52% XLK (Information Technology)
45% XLV (Healthcare)
41% XLY & XLP (Consumer Discretionary & Staples combined)
34% XBI (Biotech)
32% XRT (Retail)
31% GXC (China)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 16, 2016
76% XLU (Utilities)
70% XLF (Financials)
70% XLE (Energy)
69% XTL (Telecommunications)
65% XLI (Industrials)
64% XLB (Materials)
62% XLRE (Real Estate)
52% XLK (Information Technology)
49% XLV (Healthcare)
49% XRT (Retail)
47% XLY & XLP (Consumer Discretionary & Staples combined)
44% XBI (Biotech)
38% GXC (China)
AVERAGE: 58% KEY: 52%-100% = Positive, 48%-0% = Negative

Industry Group ETFs & Components
WEEKLY COMPARISONS

Week ending January 6, 2017
82% KRE (Big Banks & Regional Banks)
76% Bonds Top 31 Selected
72% IAK (Property & Casualty Insurance)
65% ETFs (Exchange Traded Funds) Top 31 in Market Capitalization
63% IGV (Software)
63% CARZ (Autos, Parts & Service)
61% IYM (Chemicals)
58% XOP (Oil & Gas Exploration & Production)
52% GLD (Gold & Gaming)
52% SMH (Semiconductors)
49% Electronics Cos. Top 31 Selected
49% IYT (Transportation)
48% ITA (Aerospace & Defense)
39% ITB (Homebuilders & Associates)
AVERAGE: 59% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 30, 2016
87% KRE (Big Banks & Regional Banks)
74% IAK (Property & Casualty Insurance)
67% Bonds Top 31 Selected
56% CARZ (Autos, Parts & Service)
53% SMH (Semiconductors)
52% Electronics Cos. Top 31 Selected
50% XOP (Oil & Gas Exploration & Production)
48% IYM (Chemicals)
47% IYT (Transportation)
43% ITA (Aerospace & Defense)
41% ETFs (Exchange Traded Funds) Top 31 in Market Capitalization
39% IGV (Software)
38% ITB (Homebuilders & Associates)
36% GLD (Gold & Gaming)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 23, 2016
90% KRE (Big Banks & Regional Banks)
77% IAK (Property & Casualty Insurance)
66% Bonds Top 31 Selected
65% XOP (Oil & Gas Exploration & Production)
64% IYM (Chemicals)
64% CARZ (Autos, Parts & Service)
64% SMH (Semiconductors)
63% Electronics Cos. Top 31 Selected
55% IYT (Transportation)
53% ITA (Aerospace & Defense)
48% ITB (Homebuilders & Associates)
47% IGV (Software)
39% ETFs (Exchange Traded Funds) Top 31 in Market Capitalization
27% GLD (Gold & Gaming)
AVERAGE: 59% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 16, 2016
87% KRE (Big Banks & Regional Banks)
76% IAK (Property & Casualty Insurance)
73% XOP (Oil & Gas Exploration & Production)
71% CARZ (Autos, Parts & Service)
70% IYM (Chemicals)
70% Electronics Cos. Top 31 Selected
70% SMH (Semiconductors)
62% IYT (Transportation)
60% ITB (Homebuilders & Associates)
56% ITA (Aerospace & Defense)
53% IGV (Software)
47% ETFs (Exchange Traded Funds) Top 31 in Market Capitalization
29% GLD (Gold & Gaming)
AVERAGE: 63% KEY: 52%-100% = Positive, 48%-0% = Negative

Good luck and good trading!

MktMetrics Basic is free to use!
We also have Premium Subscriptions at $39.95 per/month.


Calendar of Economic Events and Corporate Earnings:
The first full week of 2017 will be highlighted by a number of Fed speeches, including a town hall meeting with Federal Reserve Chair Janet Yellen. The earnings calendar will also start to thaw, with reports from several banking giants expected on Friday, including blue chip JPMorgan Chase & Co. (NYSE:JPM).

The week begins on Monday, Jan. 9, with speeches from Boston Fed President Eric Rosengren in the morning, followed by an afternoon speech by Atlanta Fed President Dennis Lockhart. On the earnings front, A Schulman Inc (SHLM), Acuity Brands (AYI), Apollo Education Group (APOL), Barracuda Networks (CUDA), Commercial Metals Company (CMC), and Global Payments Inc (GPN) are set to report.

Tuesday, Jan. 10 brings the NFIB small business optimism index, as well as the Job Openings and Labor Turnover Survey (JOLTS), and wholesale inventories report. The earnings docket is relatively empty.

For Wednesday, Jan. 11, the latest MBA mortgage index will be released, along with weekly crude inventories report. Stepping up to the earnings confessional will be KB Home (KBH) and SUPERVALU INC (SVU).

Fed speeches will fill the day on Thursday, Jan. 12. Philadelphia Fed President Patrick Harker and Chicago Fed President Charles Evans will speak in the morning, followed by afternoon speeches by Atlanta Fed President Dennis Lockhart, St. Louis Fed President James Bullard, and finishing with a town hall meeting for educators with Fed Chair Janet Yellen in Washington, D.C. In addition, weekly jobless claims will be released, along with import and export data, the Treasury budget, and the Fed balance sheet. On the earnings front, FuelCell Energy (FCEL) and Taiwan Semiconductor (TSM) will report.

The week wraps up on Friday, Jan. 13, with the release of December retail sales, the producer price index (PPI), business inventories, the Thomson Reuters/University of Michigan consumer sentiment survey, and the weekly Baker-Hughes rig count. The earnings docket is busy, with an emphasis on finance and bank earnings. JPM, Wells Fargo & Co (WFC), Bank of America (BAC), BlackRock (BLK), Infosys (INFY), and PNC Financial Services (PNC) are all set to deliver earnings.

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.

Monday, January 02, 2017

Stock Market Key Metrics, DIA and SPY Tuesday Forecast, Tracking SPDR 13 SELECT SECTORS ETFs, Tracking 14 Industry Groups, Calendar of Economic Events & Corporate Earnings



Information provided by: www.MktMetrics.com Premium

Friday December 30, 2016 DJIA Closed: 19762.60 -57.18 vs. 19933.81 +14.93 Prior week, .25% ABOVE its RISING 21-day moving average of 19712.42 vs. 19575.95 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: Rose 20402.4U vs. Lower 3.5% band: Rose 19022.5U

DIA Trend: 8-day M/A 198.67D vs. 21-day M/A 197.05U Spread: 1.62D vs. 3.06D Prior Week ("M/A Trend Crossover BUY Signal" occurred on 11-9-16.) (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 3.15 Up from 1.73 Thursday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(5.30+ is considered High Volatility on the immediate horizon. Move to the sidelines when this occurs.)

DIA Proposed Range: Tuesday 0.45 vs. 0.75 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16) (*When the Proposed Range is 0.99 or below, expect an immediate high volatility day, up or down.)

DIA Price Momentum: Fell 68%D vs. 71%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 12-21-16. Sell remains in effect.

DIA 5-Day Stochastic%D: Rose 19D vs. 64U Prior week (Historic High: 100 / Historic Low: 0)

DIA Relative Strength 14-Day: Fell 50%D vs. Overbought 81%D Prior week
(High 100 3-19-10 / Low 0 7-6-10 & 8-10-11) (Overbought =+75) / (Oversold =-25)

DIA Commodity Channel Index: Fell -166D vs. Fell 69D 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 -26.92D vs. 27.44U 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 2394.62D vs. 2408.10U 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 80%D vs. 82%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" Tuesday, 1-3-17: 84%U vs. 39%D Last Tuesday
(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%U 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 31D vs. 46D Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)

SPY Directional Indicator: Fell 14D vs. 22D Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)

QQQ Directional Indicator: Fell 0D vs. 6D Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)

IWB Directional Indicator: Fell 7D vs. 17D Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)

IWM Directional Indicator: Rose 12U vs. 4D Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)

IWM/IWB Computation: (IWM Close: 134.85D vs. IWB Close: 124.46D) Ratio: Unch 1.083N vs. 1.083U 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 Ratio points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)

S&P 500 Dividend Aristocrats (SPDAUDP Close: Fell 956.85D vs. 965.46D Last Week) Directional Indicator: Fell 37D vs. 60D Prior Week (Historic Close High: 997.68 7-14-16 / Historic Price Low: 794.14 1-20-16) (*A Favorite Indicator: Interest Sensitive Investment).

SPDR S&P Dividend ETF (SDY)Close: Fell 85.56D vs. 85.96U Last Week) (Directional Indicator: Rose 14U vs. 13D Prior Week) (Historic High: 86.54 8-15-16 / Historic Low: 66.86 1-20-16)

DIA Levels
DIA Resistance: Fell 202.06D
DIA Support: Fell 195.11D

DIA and SPY Tuesday Forecast

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

12/30/16 Final Numbers
(Open) 198.22
(High) 198.27
(Low) 196.92
(Close) 197.51
(Range) 1.35


DIA 1/3/17 Forecast
Opening Fair Value: 197.66
Today's Predicted High: 197.74
Today's Predicted Low: 197.29
Today's Proposed Range: 0.45
Buy/Sell Rating: Buy


Binary Ladder Pricing
198.18 Upside Potential R2
197.96 Upside Potential R1
197.89 High Level R2
197.74 Low Level R1
197.66 Pivot Point
197.44 High Level S1
197.29 Low Level S2
197.06 Downside Potential S1
194.26 Downside Potential S2


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

12/30/16 Final Numbers
(Open) 224.73
(High) 224.83
(Low) 222.73
(Close) 223.53
(Range) 2.10


SPY 1/3/17 Forecast
Opening Fair Value: 225.49
Today's Predicted High: 226.22
Today's Predicted Low: 225.21
Today's Proposed Range: 1.01
Buy/Sell Rating: Buy


Opening Fair Value: 223.87
Today's Predicted High: 223.87
Today's Predicted Low: 223.19
Today's Proposed Range: 0.68
Buy/Sell Rating: Buy


Binary Ladder Pricing
224.22 Upside Potential R2
224.21 Upside Potential R1
224.21 High Level R2
223.87 Low Level R1
223.87 Pivot Point
223.53 High Level S1
223.19 Low Level S2
222.85 Downside Potential S1
220.24 Downside Potential S2


SPDR 13 Select Sector ETFs
WEEKLY COMPARISONS

Week ending December 30, 2016
74% XLU (Utilities)
68% XLRE (Real Estate)
60% XTL (Telecommunications)
59% XLF (Financials)
51% XLE (Energy)
50% XLI (Industrials)
42% XLK (Information Technology)
40% XLV (Healthcare)
40% XLB (Materials)
35% XLY & XLP (Consumer Discretionary & Staples combined)
31% GXC (China)
30% XBI (Biotech)
27% XRT (Retail)
AVERAGE: 47% KEY: 52%-100% = Positive, 48%-0% = Negative

WEEKLY COMPARISONS

Week ending December 23, 2016
75% XLU (Utilities)
68% XLF (Financials)
66% XTL (Telecommunications)
64% XLE (Energy)
59% XLI (Industrials)
57% XLB (Materials)
53% XLRE (Real Estate)
52% XLK (Information Technology)
45% XLV (Healthcare)
41% XLY & XLP (Consumer Discretionary & Staples combined)
34% XBI (Biotech)
32% XRT (Retail)
31% GXC (China)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 16, 2016
76% XLU (Utilities)
70% XLF (Financials)
70% XLE (Energy)
69% XTL (Telecommunications)
65% XLI (Industrials)
64% XLB (Materials)
62% XLRE (Real Estate)
52% XLK (Information Technology)
49% XLV (Healthcare)
49% XRT (Retail)
47% XLY & XLP (Consumer Discretionary & Staples combined)
44% XBI (Biotech)
38% GXC (China)
AVERAGE: 58% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 9, 2016
83% XLB (Materials)
82% XLF (Financials)
75% XLE (Energy)
71% XRT (Retail)
69% XTL (Telecommunications)
69% XLI (Industrials)
66% XLU (Utilities)
62% XLRE (Real Estate)
59% GXC (China)
51% XLK (Information Technology)
45% XLY & XLP (Consumer Discretionary & Staples combined)
37% XBI (Biotech)
36% XLV (Healthcare)
AVERAGE: 62% KEY: 52%-100% = Positive, 48%-0% = Negative

Industry Group ETFs & Components
WEEKLY COMPARISONS

Week ending December 30, 2016
87% KRE (Big Banks & Regional Banks)
74% IAK (Property & Casualty Insurance)
67% Bonds Top 31 Selected
56% CARZ (Autos, Parts & Service)
53% SMH (Semiconductors)
52% Electronics Cos. Top 31 Selected
50% XOP (Oil & Gas Exploration & Production)
48% IYM (Chemicals)
47% IYT (Transportation)
43% ITA (Aerospace & Defense)
41% ETFs Top 31 Issues in Market Capitalization
39% IGV (Software)
38% ITB (Homebuilders & Associates)
36% GLD (Gold & Gaming)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

WEEKLY COMPARISONS

Week ending December 23, 2016
90% KRE (Big Banks & Regional Banks)
77% IAK (Property & Casualty Insurance)
66% Bonds Top 31 Selected
65% XOP (Oil & Gas Exploration & Production)
64% IYM (Chemicals)
64% CARZ (Autos, Parts & Service)
64% SMH (Semiconductors)
63% Electronics Cos. Top 31 Selected
55% IYT (Transportation)
53% ITA (Aerospace & Defense)
48% ITB (Homebuilders & Associates)
47% IGV (Software)
39% ETFs Top 31 Issues in Market Capitalization
27% GLD (Gold & Gaming)
AVERAGE: 59% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 16, 2016
87% KRE (Big Banks & Regional Banks)
76% IAK (Property & Casualty Insurance)
73% XOP (Oil & Gas Exploration & Production)
71% CARZ (Autos, Parts & Service)
70% IYM (Chemicals)
70% Electronics Cos. Top 31 Selected
70% SMH (Semiconductors)
62% IYT (Transportation)
60% ITB (Homebuilders & Associates)
56% ITA (Aerospace & Defense)
53% IGV (Software)
47% ETFs Top 31 Issues in Market Capitalization
29% GLD (Gold & Gaming)
AVERAGE: 63% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 9, 2016
99% KRE (Big Banks & Regional Banks)
87% CARZ (Autos, Parts & Service)
85% IYM (Chemicals)
85% IAK (Property & Casualty Insurance)
83% IYT (Transportation)
81% Electronics Cos. Top 31 Selected
80% XOP (Oil & Gas Exploration & Production)
80% ITA (Aerospace & Defense)
76% SMH (Semiconductors)
73% ITB (Homebuilders & Associates)
68% ETFs Top 31 Issues in Market Capitalization
61% IGV (Software)
42% GLD (Gold & Gaming)
AVERAGE: 77% KEY: 52%-100% = Positive, 48%-0% = Negative

Good luck and good trading!

MktMetrics Basic is free to use!
We also have Premium Subscriptions at $39.95/month.


Calendar of Economic Events and Corporate Earnings:
Next week, 2017 will kick off with a shortened week of trading, as markets will be shuttered Monday in observance of the New Year's holiday. The earnings calendar for the week is quiet, with few big names due to report. On the economic side, the Federal Reserve will take center stage Wednesday, with the minutes from December's highly watched Federal Open Market Committee (FOMC) meeting set for release. At week's end, traders will be watching for the latest nonfarm payrolls report, due Friday morning.

On Monday, Jan. 2, markets will be closed in observance of New Year's.

The Markit purchasing managers manufacturing index (PMI) and the Institute for Supply Management's (ISM) manufacturing index will be released on Tuesday, Jan. 3, as will data on construction spending. No earnings are on tap.

Motor vehicles sales and the ADP private sector employment report will hit the Street on Wednesday, Jan. 4. All eyes will be on the Fed in the afternoon, however, when the minutes from last month's FOMC meeting will be released. The week's relatively quiet earnings calendar will kick off with results from Sonic (SONC).

Thursday, Jan. 5 will bring weekly jobless claims, the ISM's non-manufacturing index, and the weekly crude inventories report -- delayed by a day due to Monday's holiday. Constellation Brands (STZ), Monsanto (MON), and Walgreen Boots Alliance (WBA) will step into the earnings spotlight.

Wrapping up the week on Friday, Jan. 6 will be the Labor Department's nonfarm payrolls report, as well international trade data and factory orders. Chicago Fed President Charles Evans and Richmond Fed President Jeffrey Lacker are also due to speak. AngioDynamics (ANGO) is among a short list of companies set to report quarterly earnings.

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.

Wednesday, December 28, 2016

Wall Street Trading Wednesday has downside bias.

Pending home sales make up the economic docket on Wednesday, Dec. 28.

Dow 30 + DIA Analysis
Probability of Being Up Wednesday: 35%
Trend: Rising 94%
Momentum: Rising 77%
Outlook: Bullish 83% Falling

S&P 500 + SPY Analysis
Probability of Being Up Wednesday: 26%
Trend: Falling 68%
Momentum: Falling 55%
Outlook: Bullish 64% Falling

NASDAQ 100 Top 31 Analysis
Probability of Being Up Wednesday: 35%
Trend: Rising 74%
Momentum: Falling 45%
Outlook: Bullish 56% Rising

RUSSELL 2000 Top 31 Analysis
Probability of Being Up Wednesday: 32%
Trend: Falling 74%
Momentum: Falling 84%
Outlook: Bullish 78% Rising

KEY: 52%-100% = Positive, 48%-0% = Negative

Sunday, December 25, 2016

Stock Market Key Metrics, DIA and SPY Tuesday Forecast, Tracking SPDR 13 SELECT SECTORS ETFs, Tracking 14 Industry Groups, Calendar of Economic Events & Corporate Earnings



Information provided by: www.MktMetrics.com Premium

Friday December 23, 2016 DJIA Closed: 19933.81 +14.93 vs. 19843.41 -8.83 Prior week, 1.83% ABOVE its RISING 21-day moving average of 19575.95 vs. 19346.58 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: Rose 20261.1U vs. Lower 3.5% band: Rose 18890.8U

DIA Trend: 8-day M/A 198.77U vs. 21-day M/A 195.71U Spread: 3.06D vs. 4.27U Prior Week ("M/A Trend Crossover BUY Signal" occurred on 11-9-16.) (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 -0.51 Down from -0.24 Thursday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(5.30+ is considered High Volatility on the immediate horizon. Move to the sidelines when this occurs.)

DIA Proposed Range: Tuesday 0.75 vs. 0.33 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16) (*When the Proposed Range is 0.99 or below, expect an immediate high volatility day, up or down.)

DIA Price Momentum: Unch#2 71%N vs. 71%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 12-21-16. Sell remains in effect.

DIA 5-Day Stochastic%D: Rose 64U vs. 55D Prior week (Historic High: 100 / Historic Low: 0)

DIA Relative Strength 14-Day: Overbought 81%D vs. Overbought 84%D Prior week
(High 100 3-19-10 / Low 0 7-6-10 & 8-10-11) (Overbought =+75) / (Oversold =-25)

DIA Commodity Channel Index: Fell 51D vs. Fell 69D 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: Rose 27.44U vs. 12.45D 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: Rose 2408.10U vs. 2213.34U 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 82%D vs. 84%U 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" Tuesday, 12-27-16: 39%D vs. 48%U Last Monday
(a reading of 52+ is positive, a reading of 48- is negative) (Historic High: 100 / Historic Low: 0)

Dow 30 + DIA: 24 Buy vs. 7 Sell, Fell 77%D vs. 87%U 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 46D vs. 56D Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)

SPY Directional Indicator: Fell 22D vs. 40D Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)

QQQ Directional Indicator: Fell 6D vs. 15D Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)

IWB Directional Indicator: Fell 17D vs. 34D Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)

IWM Directional Indicator: Fell 4D vs. 37D Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)

IWM/IWB Computation: (IWM Close: 136.04U vs. IWB Close: 125.67D) Ratio: Fell 1.083U vs. 1.08D 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 Ratio points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)

S&P 500 Dividend Aristocrats (SPDAUDP Close: Fell 965.46D vs. 966.90D Last Week) Directional Indicator: Fell 60D vs. 114D Prior Week (Historic Close High: 997.68 7-14-16 / Historic Price Low: 794.14 1-20-16) (*A Favorite Indicator: Interest Sensitive Investment).

SPDR S&P Dividend ETF (SDY)Close: Rose 85.96U vs. 85.66D Last Week) (Directional Indicator: Fell 13D vs. 19D Prior Week) (Historic High: 86.54 8-15-16 / Historic Low: 66.86 1-20-16)

DIA Levels
DIA Resistance: Rose 202.52U
DIA Support: Rose 195.55U

DIA and SPY Monday Forecast

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

DIA 12/23/16 Final Numbers
(Open) 198.93
(High) 199.06
(Low) 198.73
(Close) 199.05
(Range) 0.33


DIA 12/27/16 Forecast
Opening Fair Value: 198.92
Today's Predicted High: 199.43
Today's Predicted Low: 198.68
Today's Proposed Range: 0.75
Buy/Sell Rating: Buy


Binary Ladder Pricing
199.86 Upside Potential R2
199.80 Upside Potential R1
199.43 High Level R2
199.30 Low Level R1
198.92 Pivot Point
198.68 High Level S1
198.55 Low Level S2
198.30 Downside Potential S1
194.95 Downside Potential S2


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

SPY 12/23/16 Final Numbers
(Open) 225.43
(High) 225.72
(Low) 225.21
(Close) 225.71
(Range) 0.51


SPY 12/27/16 Forecast
Opening Fair Value: 225.49
Today's Predicted High: 226.22
Today's Predicted Low: 225.21
Today's Proposed Range: 1.01
Buy/Sell Rating: Buy


Binary Ladder Pricing
226.72 Upside Potential R2
226.52 Upside Potential R1
226.22 High Level R2
226.00 Low Level R1
225.49 Pivot Point
225.21 High Level S1
224.99 Low Level S2
224.70 Downside Potential S1
220.92 Downside Potential S2


SPDR 13 Select Sector ETFs
WEEKLY COMPARISONS

Week ending December 23, 2016
75% XLU (Utilities)
68% XLF (Financials)
66% XTL (Telecommunications)
64% XLE (Energy)
59% XLI (Industrials)
57% XLB (Materials)
53% XLRE (Real Estate)
52% XLK (Information Technology)
45% XLV (Healthcare)
41% XLY & XLP (Consumer Discretionary & Staples combined)
34% XBI (Biotech)
32% XRT (Retail)
31% GXC (China)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 16, 2016
76% XLU (Utilities)
70% XLF (Financials)
70% XLE (Energy)
69% XTL (Telecommunications)
65% XLI (Industrials)
64% XLB (Materials)
62% XLRE (Real Estate)
52% XLK (Information Technology)
49% XLV (Healthcare)
49% XRT (Retail)
47% XLY & XLP (Consumer Discretionary & Staples combined)
44% XBI (Biotech)
38% GXC (China)
AVERAGE: 58% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 9, 2016
83% XLB (Materials)
82% XLF (Financials)
75% XLE (Energy)
71% XRT (Retail)
69% XTL (Telecommunications)
69% XLI (Industrials)
66% XLU (Utilities)
62% XLRE (Real Estate)
59% GXC (China)
51% XLK (Information Technology)
45% XLY & XLP (Consumer Discretionary & Staples combined)
37% XBI (Biotech)
36% XLV (Healthcare)
AVERAGE: 62% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 2, 2016
74% XLF (Financials)
72% XLB (Materials)
68% XLE (Energy)
60% XRT (Retail)
60% XLI (Industrials)
57% XTL (Telecommunications)
52% GXC (China)
46% XBI (Biotech)
42% XLU (Utilities)
40% XLK (Information Technology)
36% XLY & XLP (Consumer Discretionary & Staples combined)
34% XLV (Healthcare)
32% XLRE (Real Estate)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

Industry Group ETFs & Components
WEEKLY COMPARISONS

Week ending December 23, 2016
90% KRE (Big Banks & Regional Banks)
77% IAK (Property & Casualty Insurance)
66% Bonds Top 31 Selected
65% XOP (Oil & Gas Exploration & Production)
64% IYM (Chemicals)
64% CARZ (Autos, Parts & Service)
64% SMH (Semiconductors)
63% Electronics Cos. Top 31 Selected
55% IYT (Transportation)
53% ITA (Aerospace & Defense)
48% ITB (Homebuilders & Associates)
47% IGV (Software)
39% ETFs Top 31 Issues in Market Capitalization
27% GLD (Gold & Gaming)
AVERAGE: 59% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 16, 2016
87% KRE (Big Banks & Regional Banks)
76% IAK (Property & Casualty Insurance)
73% XOP (Oil & Gas Exploration & Production)
71% CARZ (Autos, Parts & Service)
70% IYM (Chemicals)
70% Electronics Cos. Top 31 Selected
70% SMH (Semiconductors)
62% IYT (Transportation)
60% ITB (Homebuilders & Associates)
56% ITA (Aerospace & Defense)
53% IGV (Software)
47% ETFs Top 31 Issues in Market Capitalization
29% GLD (Gold & Gaming)
AVERAGE: 63% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 9, 2016
99% KRE (Big Banks & Regional Banks)
87% CARZ (Autos, Parts & Service)
85% IYM (Chemicals)
85% IAK (Property & Casualty Insurance)
83% IYT (Transportation)
81% Electronics Cos. Top 31 Selected
80% XOP (Oil & Gas Exploration & Production)
80% ITA (Aerospace & Defense)
76% SMH (Semiconductors)
73% ITB (Homebuilders & Associates)
68% ETFs Top 31 Issues in Market Capitalization
61% IGV (Software)
42% GLD (Gold & Gaming)
AVERAGE: 77% KEY: 52%-100% = Positive, 48%-0% = Negative

Good luck and good trading!

MktMetrics Basic is free to use!
We also have Premium Subscriptions at $39.95/month.


Calendar of Economic Events and Corporate Earnings:
While the post-Christmas week can lead to out-sized moves for certain stocks -- good news for some, not so good for plenty of others -- the earnings and economic docket is bone dry. There are no notable earnings reports to be seen throughout the entire week, while Tuesday and Thursday are the busiest days for economic data. As such, trading volumes may be light, as investors prepare for the new year.

Markets will be closed on Monday, Dec. 26 in observance of Christmas.

The S&P CoreLogic Case-Shiller home price index and the Conference Board's consumer confidence survey will be released on Tuesday, Dec. 27, along with the Dallas Fed manufacturing survey.

Pending home sales make up the economic docket on Wednesday, Dec. 28.

Thursday, Dec. 29 will feature weekly jobless claims, international trade data, and the holiday-delayed update on domestic crude inventories.

The Chicago purchasing managers index (PMI) comes out on Friday, Dec. 30.

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.

Friday, December 23, 2016

Merry Christmas and Happy New Year!

The week will conclude on Friday, Dec. 23 with new home sales and the Thomson Reuters/University of Michigan consumer sentiment survey. There are no earnings reports worth noting. Looking ahead, U.S. markets will be closed on Monday, Dec. 26 for the Christmas holiday.

Thanks for your readership throughout the year!
The very best to you this Christmas holiday. Happy New Year as well.

Thursday, December 22, 2016

Dow 30 + DIA Nightly Analysis Update, CALM Thursday Forecast

The very best to You this Christmas holiday. Happy New Year as well.

Information provided by: MktMetrics.com Premium

All eyes on Thursday, Dec. 22 will be focused on the final reading on third-quarter GDP. Other reports on the docket are durable goods orders, weekly jobless claims, and personal income and spending. Entering the earnings confessional will be Cal-Maine Foods (CALM) and Rite Aid (RAD).

Nightly Analysis Update

Dow 30 + DIA Analysis
Probability of Being Up Thursday: 68%
Trend: Falling 87%
Momentum: Falling 71%
Outlook: Bullish 85% Falling
BULLISH PRICE TREND
Short Term (Thursday) Trend Down


Stock Market Outlook
Bullish 82.0%
(DIA, SPY, QQQ, IWM, formulated)

Symbol: CALM
Exchange: NasdaqGS
Description: Cal-Maine Foods engages in the production, grading, packaging, marketing and distribution of shell eggs primarily in the southeastern, southwestern, mid-western and mid-Atlantic regions of the United States.

CALM 12/21/16 Final Numbers
(Open) 43.50
(High) 43.85
(Low) 42.65
(Close) 42.70
(Range) 1.20


CALM 12/22/16 Forecast
Opening Fair Value: 43.21
Today's Predicted High: 43.68
Today's Predicted Low: 41.73
Today's Proposed Range: 1.95
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
44.65 Upside Potential R2
44.19 Upside Potential R1
43.68 High Level R2
43.59 Low Level R1
43.21 Pivot Point
42.63 High Level S1
42.24 Low Level S2
41.73 Downside Potential S1
40.75 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 73 Down from 79
Volume Internal Strength: Positive 0.90/1.58 Down
Current Trend: Positive 35 Down from 44
Demand Factor: 89 Down from 100
Stock Volatility: -0.30 Up from -0.53


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

43.50
43.55
44.37
44.73


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

42.97
42.63
41.85
41.80


CALM 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 42.13
21 DAY MOVING AVERAGE = 40.91
50 DAY MOVING AVERAGE = 39.46
65 DAY MOVING AVERAGE = 39.54
30 WEEK MOVING AVERAGE = 41.63
200 DAY MOVING AVERAGE = 43.96


Good luck and good trading!

MktMetrics Basic is free to use!
We also have Premium Subscriptions at $39.95/month.

Wednesday, December 21, 2016

Dow 30 + DIA Nightly Analysis Update, ACN and RHT Wednesday Forecast

Information provided by: MktMetrics.com Premium

Existing home sales and weekly crude inventories data will be released on Wednesday, Dec. 21. Bed Bath & Beyond (BBBY) and Finish Line (FINL) will step up to the earnings stage. Tech firms Accenture (ACN), Micron Technology (MU), and Red Hat (RHT) will also report.

Nightly Analysis Update

Dow 30 + DIA Analysis
Probability of Being Up Wednesday: 23%
Trend: Falling 90%
Momentum: Falling 81%
Outlook: Bullish 85% Falling


Stock Market Outlook
Bullish 85.3%
(DIA, SPY, QQQ, IWM, formulated)

Symbol: ACN
Exchange: NYSE
Description: Accenture operates as a management consulting, technology services, and outsourcing company. Accenture plc was founded in 1989 and is based in Dublin, Ireland.

ACN 12/20/16 Final Numbers
(Open) 124.04
(High) 124.27
(Low) 123.01
(Close) 124.10
(Range) 1.26


ACN 12/21/16 Forecast
Opening Fair Value: 123.75
Today's Predicted High: 125.15
Today's Predicted Low: 123.06
Today's Proposed Range: 2.09
Buy/Sell Rating: Strong Buy

BULLISH PRICE TREND
Short Term (Wednesday) Trend Down


Binary Ladder Pricing
126.19 Upside Potential R2
125.15 Upside Potential R1
124.80 High Level R2
124.74 Low Level R1
123.75 Pivot Point
123.06 High Level S1
122.71 Low Level S2
122.01 Downside Potential S1
121.56 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 82 Up from 78
Volume Internal Strength: Positive 1.40/1.20 Up
Current Trend: Positive 29 Up from 25
Demand Factor: 64 Up from 48
Stock Volatility: -0.40 Down from 0.22


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

125.47
126.52
126.58
126.76


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

121.78
121.62
121.56
120.55


ACN 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 123.91
21 DAY MOVING AVERAGE = 121.26
50 DAY MOVING AVERAGE = 118.94
65 DAY MOVING AVERAGE = 118.40
30 WEEK MOVING AVERAGE = 116.41
200 DAY MOVING AVERAGE = 115.57


Symbol: RHT
Exchange: NYSE
Description: Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. Red Hat, Inc. was founded in 1993 and is based in Raleigh, NC.

RHT 12/20/16 Final Numbers
(Open) 80.53
(High) 81.08
(Low) 79.20
(Close) 79.39
(Range) 1.88


RHT 12/21/16 Forecast
Opening Fair Value: 80.09
Today's Predicted High: 80.56
Today's Predicted Low: 78.22
Today's Proposed Range: 2.34
Buy/Sell Rating: Strong Buy

BULLISH PRICE TREND
Short Term (Wednesday) Trend Down


Binary Ladder Pricing
81.73 Upside Potential R2
81.26 Upside Potential R1
80.56 High Level R2
80.09 Low Level R1
79.75 Pivot Point
78.92 High Level S1
78.92 Low Level S2
78.22 Downside Potential S1
77.05 Downside Potential S2


Five Considerations (Today vs. Yesterday)
Price Internal Strength: Positive 67 Down from 74
Volume Internal Strength: Positive 1.30/1.35 Down
Current Trend: Positive 9 Down from 13
Demand Factor: 36 Down from 45
Stock Volatility: 0.96 Up from 0.20


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

80.78
80.98
82.14
82.70


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

79.46
78.92
77.80
77.62


RHT 6-KEY MOVING AVERAGES
8 DAY MOVING AVERAGE = 79.61
21 DAY MOVING AVERAGE = 78.83
50 DAY MOVING AVERAGE = 77.77
65 DAY MOVING AVERAGE = 78.05
30 WEEK MOVING AVERAGE = 76.11
200 DAY MOVING AVERAGE = 75.44


Good luck and good trading!

MktMetrics Basic is free to use!
We also have Premium Subscriptions at $39.95/month.

Sunday, December 18, 2016

Stock Market Key Metrics, DIA and SPY Monday Forecast, Tracking SPDR 13 SELECT SECTORS ETFs, Tracking 14 Industry Groups, Calendar of Economic Events & Corporate Earnings



Information provided by: www.MktMetrics.com Premium

Friday December 9, 2016 DJIA Closed: 19843.41 -8.83 vs. 19756.85 +142.04 Prior week, 2.57% ABOVE its RISING 21-day moving average of 19346.58 vs. 19114.18 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: Rose 20023.7U vs. Lower 3.5% band: Rose 18669.4U

DIA Trend: 8-day M/A 197.72U vs. 21-day M/A 193.45U Spread: 4.27U vs. 2.51U Prior Week ("M/A Trend Crossover BUY Signal" occurred on 11-9-16.) (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 0.96 Down from 1.72 Thursday.
(Historic High: 35.10 8-25-15, Low: -10.76% 8-31-15)(5.30+ is considered High Volatility on the immediate horizon. Move to the sidelines when this occurs.)

DIA Proposed Range: Monday 1.05 vs. 1.02 Actual Range Friday.
(Historic High: 4.31 3-31-09 / Historic Low: 0.60% 7-19-16) (*When the Proposed Range is 0.99 or below, expect an immediate high volatility day, up or down.)

DIA Price Momentum: Unch 71%N vs. 71%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 "BUY" Signal on 11-9-16. Buy remains in effect.

DIA 5-Day Stochastic%D: Fell 55D vs. 95U Prior week (Historic High: 100 / Historic Low: 0)

DIA Relative Strength 14-Day: Overbought 84%D vs. Overbought 94%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 69D vs. Fell 91D 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 12.45D vs. 153.01U 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: Rose 2213.34U vs. 2040.57U 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: Rose 84%U vs. 70%U 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, 12-19-16: 48%U vs. 13%D Last Monday
(a reading of 52+ is positive, a reading of 48- is negative) (Historic High: 100 / Historic Low: 0)

Dow 30 + DIA: 27 Buy vs. 4 Sell, Rose 87%U vs. 74%U 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 56D vs. 91U Prior Week (Historic High: 133 10-28-15 / Historic Low: -117 8-26-15)

SPY Directional Indicator: Fell 40D vs. 76U Prior Week (Historic High: 149 10-28-15 / Historic Low: -127 8-26-15)

QQQ Directional Indicator: Fell 15D vs. 18U Prior Week (Historic High: 121 10-28-15 / Historic Low: -71 1-8-16)

IWB Directional Indicator: Fell 34D vs. 55U Prior Week (Historic High: 94 11-14-14 / Historic Low: -87 8-28-15)

IWM Directional Indicator: Fell 37D vs. 104U Prior Week (Historic High: 91 11-14-14 / Historic Low: -87 8-28-15)

IWM/IWB Computation: (IWM Close: 135.91D vs. IWB Close: 126.06D) Ratio: Fell 1.08D vs. 1.10U 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 Ratio points to a shift in portfolio positions by risk capital investors moving in, or out, of Small Cap stocks.)

S&P 500 Dividend Aristocrats (SPDAUDP Close: Fell 966.90D vs. 972.05U Last Week) Directional Indicator: Fell 114D vs. 157D Prior Week (Historic Close High: 997.68 7-14-16 / Historic Price Low: 794.14 1-20-16) (*A Favorite Indicator: Interest Sensitive Investment).

SPDR S&P Dividend ETF (SDY)Close: Fell 85.66D vs. 87.77U Last Week) (Directional Indicator: Fell 19D vs. 63U Prior Week) (Historic High: 86.54 8-15-16 / Historic Low: 66.86 1-20-16)

DIA Levels
DIA Resistance: Rose 201.93U
DIA Support: Rose 194.98U

DIA and SPY Monday Forecast

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

DIA 12/16/16 Final Numbers
(Open) 198.68
(High) 198.96
(Low) 197.94
(Close) 198.19
(Range) 1.02


DIA 12/18/16 Forecast
Opening Fair Value: 198.45
Today's Predicted High: 198.72
Today's Predicted Low: 197.67
Today's Proposed Range: 1.05
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
199.24 Upside Potential R2
198.98 Upside Potential R1
198.98 High Level R2
198.72 Low Level R1
198.45 Pivot Point
197.93 High Level S1
197.67 Low Level S2
197.14 Downside Potential S1
194.71 Downside Potential S2


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

SPY 12/16/16 Final Numbers
(Open) 226.01
(High) 226.08
(Low) 224.67
(Close) 225.04
(Range) 1.41


SPY 12/18/16 Forecast
Opening Fair Value: 225.41
Today's Predicted High: 225.66
Today's Predicted Low: 224.43
Today's Proposed Range: 1.23
Buy/Sell Rating: Strong Buy


Binary Ladder Pricing
226.27 Upside Potential R2
226.03 Upside Potential R1
225.83 High Level R2
225.66 Low Level R1
225.41 Pivot Point
224.80 High Level S1
224.43 Low Level S2
223.81 Downside Potential S1
221.49 Downside Potential S2


SPDR 13 Select Sector ETFs
WEEKLY COMPARISONS

Week ending December 16, 2016
76% XLU (Utilities)
70% XLF (Financials)
70% XLE (Energy)
69% XTL (Telecommunications)
65% XLI (Industrials)
64% XLB (Materials)
62% XLRE (Real Estate)
52% XLK (Information Technology)
49% XLV (Healthcare)
49% XRT (Retail)
47% XLY & XLP (Consumer Discretionary & Staples combined)
44% XBI (Biotech)
38% GXC (China)
AVERAGE: 58% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 9, 2016
83% XLB (Materials)
82% XLF (Financials)
75% XLE (Energy)
71% XRT (Retail)
69% XTL (Telecommunications)
69% XLI (Industrials)
66% XLU (Utilities)
62% XLRE (Real Estate)
59% GXC (China)
51% XLK (Information Technology)
45% XLY & XLP (Consumer Discretionary & Staples combined)
37% XBI (Biotech)
36% XLV (Healthcare)
AVERAGE: 62% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 2, 2016
74% XLF (Financials)
72% XLB (Materials)
68% XLE (Energy)
60% XRT (Retail)
60% XLI (Industrials)
57% XTL (Telecommunications)
52% GXC (China)
46% XBI (Biotech)
42% XLU (Utilities)
40% XLK (Information Technology)
36% XLY & XLP (Consumer Discretionary & Staples combined)
34% XLV (Healthcare)
32% XLRE (Real Estate)
AVERAGE: 52% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending November 25, 2016
82% XLF (Financials)
78% XLB (Materials)
72% XTL (Telecommunications)
68% XLE (Energy)
66% XRT (Retail)
65% XLI (Industrials)
58% XBI (Biotech)
53% GXC (China)
50% XLK (Information Technology)
49% XLU (Utilities)
46% XLV (Healthcare)
40% XLY & XLP (Consumer Discretionary & Staples combined)
36% XLRE (Real Estate)
AVERAGE: 59% KEY: 52%-100% = Positive, 48%-0% = Negative

Industry Group ETFs & Components
WEEKLY COMPARISONS

Week ending December 16, 2016
87% KRE (Big Banks & Regional Banks)
76% IAK (Property & Casualty Insurance)
73% XOP (Oil & Gas Exploration & Production)
71% CARZ (Autos, Parts & Service)
70% IYM (Chemicals)
70% Electronics Cos. Top 31 Selected
70% SMH (Semiconductors)
62% IYT (Transportation)
60% ITB (Homebuilders & Associates)
56% ITA (Aerospace & Defense)
53% IGV (Software)
47% EFTs Top 31 Issues in Market Capitalization
29% GLD (Gold & Gaming)
AVERAGE: 63% KEY: 52%-100% = Positive, 48%-0% = Negative

Week ending December 9, 2016
99% KRE (Big Banks & Regional Banks)
87% CARZ (Autos, Parts & Service)
85% IYM (Chemicals)
85% IAK (Property & Casualty Insurance)
83% IYT (Transportation)
81% Electronics Cos. Top 31 Selected
80% XOP (Oil & Gas Exploration & Production)
80% ITA (Aerospace & Defense)
76% SMH (Semiconductors)
73% ITB (Homebuilders & Associates)
68% ETFs Top 31 Issues in Market Capitalization
61% IGV (Software)
42% GLD (Gold & Gaming)
AVERAGE: 77% KEY: 52%-100% = Positive, 48%-0% = Negative

Good luck and good trading!

MktMetrics Basic is free to use!
We also have Premium Subscriptions at $39.95/month.


Calendar of Economic Events and Corporate Earnings:
Ahead of the long Christmas weekend, there will be plenty of economic data and earnings reports to digest. In the spotlight will be final numbers on third-quarter gross domestic product (GDP), due out Thursday. Meanwhile, Dow stock Nike Inc (NYSE:NKE) will step into the earnings spotlight, as will a number of major tech firms.

Things are relatively quiet on both the economic and earnings fronts for Monday, Dec. 19. The flash reading of the Markit services purchasing managers index (PMI) is the sole economic report due. Meanwhile, earnings from Lennar (LEN) will be in the crosshairs.

There are no notable economic reports scheduled on Tuesday, Dec. 20. However, it will be a busy day for earnings. Joining NKE in the confessional will be BlackBerry (BBRY), CarMax (KMX), Carnival (CCL), Darden Restaurants (DRI), FedEx (FDX), and General Mills (GIS) all set to report.

Existing home sales and weekly crude inventories data will be released on Wednesday, Dec. 21. Bed Bath & Beyond (BBBY) and Finish Line (FINL) will step up to the earnings stage. Tech firms Accenture (ACN), Micron Technology (MU), and Red Hat (RHT) will also report.

All eyes on Thursday, Dec. 22 will be focused on the final reading on third-quarter GDP. Other reports on the docket are durable goods orders, weekly jobless claims, and personal income and spending. Entering the earnings confessional will be Cal-Maine Foods (CALM) and Rite Aid (RAD).

The week will conclude on Friday, Dec. 23 with new home sales and the Thomson Reuters/University of Michigan consumer sentiment survey. There are no earnings reports worth noting. Looking ahead, U.S. markets will be closed on Monday, Dec. 26 for the Christmas holiday.

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.