Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Stocks Gain In 6 Of 7 Sessions, 4 Positions

|Includes:Coach, Inc. (COH), DECK

 


Stocks Gain In 6 Of 7 Sessions, 4 Positions

10/13     8:40am

On Wednesday, stocks resisted late selling pressure and closed higher. Good news is that volume rose across the board. After recent gains, major indexes are now testing overhead resistance levels. Need to monitor closely to see if a rallly can develop that will propel indexes above resistance or if a rally will fizzle in need of a pullback      

This morning, futures are pointing to a MIXED opening


Selective Chartists Positions
(with BUY price):  

Apple (NASDAQ:AAPL) $396.57 (Buy #1)

Apple (AAPL) $397.64 (Buy #2)

Coachh (NYSE:COH) $61.22

Deckers (NASDAQ:DECK) $107.70

 

Closely Monitoring: 

Biogen (NASDAQ:BIIB)

Cerner (NASDAQ:CERN)

Ross Stores (NASDAQ:ROST)

Limited (LTD)

Lululemon (NASDAQ:LULU)

Under Atmour (NYSE:UA)

Las Vegas Sands (NYSE:LVS)

Nordstrom (NYSE:JWN)

Wynn (NASDAQ:WYNN)

Amazon (NASDAQ:AMZN)

VMware (NYSE:VMW)

Broadcom (BRCM)

Cisco (NASDAQ:CSCO)

KLA-Tencor (NASDAQ:KLAC)

Lam Research (NASDAQ:LRCX)

Red Hat (NYSE:RHT)

Texas Instruments (NYSE:TXN)

Starbucks (NASDAQ:SBUX)

Tempur-Pedic (NYSE:TPX)

Bed Bath & Beyond (NASDAQ:BBBY)



ETFs:  SMH


Inverse Funds:    

Dow 30 (NYSEARCA:DXD)      

ProShares Short Dow 30 (NYSEARCA:DOG)       

ProShares Short S&P 500 (NYSEARCA:SH)       

QQQ (NYSEARCA:QID)       

SP 500 (NYSEARCA:SDS)


View the charts:

Major indexes ABOVE 50dMAstrongest stocks close / meeting the CRITERIA. 

 http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855

Stocks: COH, DECK