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Stocks Reverse To Close Lower, 2 Positions

|Includes:Akamai Technologies, Inc. (AKAM), AMZN, CTSH, FFIV, MCD, NFLX, NTAP, VMW

08/24  @ 8:25am


On Tuesday, major indexes rallied thoruhg mid-day and then reversed to close near session lows. Volume was lighter from previous session.   

Major indexes are BELOW 50 & 200dMA displaying NEGATIVE indicators. 

This morning, futures are pointing to a LOWER opening.

Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price. 


Selective Chartists Positions (with BUY price):  2 (subscribers only)


Closely Monitoring: 
Network Appliance (NASDAQ:NTAP)
Amazon (NASDAQ:AMZN)
McDonalds (NYSE:MCD)
RINO Intl. (OTC:RINO)
F5 Networks (NASDAQ:FFIV)
Cognizant Tech (NASDAQ:CTSH)
Netflix (NASDAQ:NFLX)


ETFs:  Inverse Fuds
SDS, SH, DXD, QID

View postings on StockCharts:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1563855



Disclosure: 2 positions (subscribers only)
Stocks: AKAM, VMW, NTAP, AMZN, MCD, FFIV, CTSH, NFLX