07/01       8:30am


On Thursday, stocks staged a broad based rally on heavier volume.  Major indexes are now trading ABOVE 50dMA.  RSI & MACD are POSITIVE.  Recent rallies have significantly improved technical indicators and now suggesting HIGHER levels may lie ahead.

This morning, futures are pointing to a MIXED opening.

Market will be closed on Monday for 4th of July.  Trading volume is typically light ahead of the holiday.

Selective Chartists Positions (with BUY price): 

Potash (POT) $56.78

Freeport McMoran (FCX) $52.55

Coach (COH) $62.49

 

Closely Monitoring: 

Ilumina (ILMN)

Agrium (AGU)

Monsanto (MON)

Mosaic (MOS)

Las Vegas Sands (LVS)

Wynn Resorts (WYNN)

Lululeon (LULU)

Polypore (PPO)

Ebay (EBAY)

Amazon (AMZN

Aetna (AET)

Wellpoint (WLP)

Cigna (CI)

ETFs:  IWM

View the charts:

Major indexes ABOVE 50dMA & stocks close to / meeting the CRITERIA.

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