Saturday, June 20, 2015

WEEKLY WRAP UP FOR 6/19/2015



The main men, the $NYAD's, have triggered a buy signal, ALTHOUGH, with the down turn on Friday it "could" be a whip saw. Also, the $NYA closed above the May low while the $NYAD failed to even get above that low, so they are still leading us lower.



Both the $NYSI and $NYUD remain on sell signals.


The $SPXADP triggered a buy signal on Thursday and followed through again on Friday, even with the down day. The slightly bad is that the $SPX is on the verge of new ATH's while the $ADP is lagging badly.


The top ten markets this week in my 76 markets I keep track of were all those udder worldly markets, like EPI, RSX, TUR, etc, our best sector came in at 11, IYR, up 1.68%, followed by GLD, then UNG, then our best major market, IWM up 1.52% on the week, then the NasDOGS, QQQ up 1.05% on the week, TLT .94%, DIA .33%, with the SPY bringing up the rear at .27%.
45 markets were higher on the week with 31 lower, 1 closed with a new 20 day high, XHB, vs 0 last week, 3 on a 20 day low, OIH, ECH and XLE, vs 4 last week, the NYSE had 137 stocks close with a PSAR buy signal vs 70 last week, 84 on a PSAR sell vs 63, 121 closed on 52 wk highs vs 49 last week, and 37 on new lows vs 50 last week, 119 closed with CCI buy signals vs 41 last week, and 110 on CCI sell signals vs 157, so all big improvements.


Here's the big loser's for the week, FXI with the big wiener, losing 4.70%, XME with down 2.07%, USO 1.23%, financials lost after the dovish FOMC, XLF minus 1.20%, quite a few of those udder worldly markets showed up on this list as well, Germany probably being the most notable, EWG down .75%.


Here's the big winner's in the SP 500 this week, it was quite a TRIP, as it was up 19.50% as they got Marriott as a partner, CAG was up 13.8% because of an upset activist investor, CI was up on a take over bid, and, no, it wasn't Obama.
The SP closed with 35 stocks at 52 wk highs vs 5 last week, 3 closed at lows vs 7, they were CHK, CNX and a real surprise, CF, although "PART" of that may have been the 5:1 split........ hahahahaha, 67 closed at 20 day highs vs 10 last week and 27 closed at lows vs 47, 227 closed with a Silver cross, 20 SMA above 50 SMA, vs 258 last week, 2 closed with an RSI 14 above 80, CAG and PLL, 271 closed with an RSI above 50 vs 193 last week and 231 below 50 vs 309.


Here's the big loser's this week, ORCL and FDX are notable as they both missed earnings, lowered guidance, and basically said they are going BROKE, which probably doesn't bode well for the up coming earnings season, but, HEY, who cares about some thing like earnings, they'll just borrow more money at ZERO percent from the FED and use it to buy back shares, which will fix ALL their problems, woooo hooooo!

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