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Stocks Rally In Final Hour End Mixed, 3 Positions

|Includes: Baidu, Inc. (BIDU), CAT, CMI, CREE, CRM, CTSH, DVMT, FFIV, INTC, NFLX, NTAP, NVLS-OLD, WDC

 

 

07/16   @ 8:30am

On Thursday, stocks rallied in the final hour reversing a negative session and closed mixed.  Volume was also mixed.  

All 4 major indexes closed ABOVE 50dMA a positive technical development.


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


Selective Chartists Positions (with BUY price): 
SanDisk (SNDK) $45.85 (Buy #1)
SanDisk (SNDK) $46.74 (Buy #2)
Baidu (NASDAQ:BIDU) $74.86


Closely Monitoring: 
Baidu (BIDU)
EMC (EMC)
Network Appliance (NASDAQ:NTAP)
Netflix (NASDAQ:NFLX)
SanDisk (SNDK)
Salesforce (NYSE:CRM)
F5 Networks (NASDAQ:FFIV)
Cree (NASDAQ:CREE)
Caterpillar (NYSE:CAT)
Novellus (NVLS)
Intel (NASDAQ:INTC)
Cognizant Tech (NASDAQ:CTSH)
Cummins (NYSE:CMI)

ETFs:  
XLU
SMH

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



Disclosure: BIDU, SNDK