On Wednesday, after a strong Jan., major indexes started Feb. on a positive note, helped by Wed.'s upbeat U.S. and global mfg. data and more progress in the latest Greek debt talks. Volume was mixed. Major indexes are displaying charts with the 50 & 200dMA very close to crossover. If the crossover occurs, it will signal a bullish technical develoment that should propel the market higher. Friday, the Jobs Report will be released (8:30am EST) and may be a catalysts for the market to stage a strong advance.
This morning, stock futures are displaying a modestly HIGHER opening.
Focus is on stocks holding ABOVE 50 & 200dMA (meeting CRITERIA).
Selective Chartists Positions (with BUY price):
Solar Winds (NYSE:SWI)
Lam Research (NASDAQ:LRCX)
Joy Global (NYSE:JOY)
Texas Instr (NYSE:TXN)
Ralph Laurenn (NYSE:RL)
ETFs: XLV, XLI, XLE, IWM, IWN
View the charts:
Strongest Stocks & ETFs close / meeting CRITERIA