BreakoutTrader's  Instablog

The focus here is to identify each stock's current state
in terms of its strength relative to the market, its
industry indexes and the trend.

Halliburton (HAL)
Dow Jones Oil Equipment And Service Index
(DJUSOI): outperform the index since the week of
1/16.
S&P 500 Index: underperform the index since the
week of 11/14/2011.
Comments: The weekly trend is still down, although
there are signs of building base and may become
range bound.

Texas Instruments (TXN)
Dow Jones Semiconductor Index (DJUSSC):
outperform the index since the week of
1/9.
S&P 500 Index: outperform the index since the
week of 1/9.
Comments: TXN appears to have broken the $28
to $32 range and is in up trend. However,
it is near the upper channel line, and volatility
has reached extreme.

DuPont (DD):
Dow Jones Commodity Chemicals Index
(DJUSCC): underperform the index since the week
of 11/28/2011.
S&P 500 Index: outperform the index since the
week of 1/9.
Comments: DD is trying to establish an up trend,while it is near the resistance of $50 area,
an area that turned it back several times in the
past.

Kimberly-Clark (KMB):
Dow Jones Personal Products Index
(DJUSCM): outperform the index since the week
of 11/14/2011.
S&P 500 Index: underperform the index since the
week of 1/2.
Comments: KMB has been in an up trend for quite
some time now. It is currently resting around $73
area and near the bottom of the trend channel.

McDonald's (MCD):
Dow Jones Restaurants And Bars Index
(DJUSRU): underperform the index since the week
of 12/19/2011.
S&P 500 Index: outrperform the index since the
week of 11/14/2011.
Comments: MCD has been in a nice up trend for quite
some time since the break of $90 resistance area
the week of 10/17/2011. The stock is trying to
break above $101 area and my continue the up
trend.

Apple (AAPL):
Dow Jones Computer Hardware Index
(DJUSRC): underperform the index since the week
of 1/16.
S&P 500 Index: outrperform the index since the
week of 12/19/2011.
Comments: AAPL appears to have stalled near the
$420 area again which extends back to the week of
9/19. I warned about AAPL not having a positive action
day on 1/9 when it tried to break above the resistance.
The coming earnings release is critical for AAPL
and may set the new direction for the stock.

Disclosure: I do not have positions in the stocks
mentioned, but may initiate positions within
next 72 hours.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in HAL, TXN, DD, KMB, MCD, AAPL over the next 72 hours.