Jerome "Mel" Hickerson developed his quantitative model from experience working as a computer programmer for such corporations as McDonnell Douglas and American Express. Mel uses software-generated analysis of breadth and institutional buying to trigger his signals for day and swing trading indexes and ETFs. His blog is available at twitter.com/mels_info.
SPX Closes more than 36 Points Off Intraday High February 25, 2013
Market Recap: SPX big winners were Amgen Inc (AMGN) 3.05%, Staples Inc (SPLS) 2.02%, and Total System Services (TSS) 1.25%. SPX big losers were F5 Networks Inc (FFIV) -7.23%, Chesapeake Energy Corp (CHK) -6.89%, and Morgan Stanley (MS) -6.5%. SPX five day big winners are Hewlett-Packard Co (HPQ) 13.58%, Safeway Inc (SWY) 11.46%, and Sealed Air Corp (SEE) 8.66%. SPX five day big losers are Garmin Ltd (GRMN) -12.62%, Newfield Exploration (NFX) -12.38%, and Allegheny Technologies (ATI) -12.19%.
Markets Show Further Weakness but Close Off the Lows February 21, 2013
Market Recap: SPX big winners were Safeway Inc (SWY) 13.55%, J.C. Penney Company Inc (JCP) 6.75%, and Dollar General Corporation (DG) 3.92%. SPX big losers were Lyondellbasell Industries Nv O (LYB) -4.4%, Cablevision Systems Cl A (CVC) -4.07%, and PG &E Corporation. (PCG) -4.05%. SPX five day big winners are Constellation Brands Inc (STZ) 34.76%, H.J. Heinz Co (HNZ) 19.36%, and Best Buy Co Inc (BBY) 15.15%. SPX five day big losers are Newfield Exploration (NFX) -17.
FED Talks of Tightening Money; Markets Listen February 20, 2013
Market Recap: SPX big winners were J.C. Penney Company Inc (JCP) 2.94%, Joy Global Inc (JOY) 2.62%, and Monster Beverage Corporation (MNST) 1.99%. SPX big losers were Garmin Ltd (GRMN) -10.39%, Newfield Exploration (NFX) -9.38%, and Life Technologies Corporation (LIFE) -8.86%. SPX five day big winners are Constellation Brands Inc (STZ) 32.74%, H.J. Heinz Co (HNZ) 18.5%, and Best Buy Co Inc (BBY) 11.8%. SPX five day big losers are Cliffs Nat'l Resources Inc (CLF) -25.
Weekly Trading Range of Less Than 0.75% February 18, 2013
Market Recap: SPX big winners were Meadwestvaco Corp (MWV) 9.93%, Best Buy Co Inc (BBY) 7.28%, and Monster Beverage Corporation (MNST) 7.15%. SPX big losers were Agilent Technologies Inc (A) -5.36%, Apache Corp (APA) -4.35%, and Frontier Communications Corp (FTR) -3.57%. SPX five day big winners are Constellation Brands Inc (STZ) 36.23%, Avon Products Inc (AVP) 22.08%, and H.J. Heinz Co (HNZ) 18.67%. SPX five day big losers are Cliffs Nat'l Resources Inc (CLF) -20.
Bulls Continue to Own the Market February 12, 2013
Market Recap: SPX big winners were Avon Products Inc (AVP) 18.6%, Masco Corp (MAS) 11.5%, and Assurant Inc (AIZ) 6.56%. SPX big losers were Dun & Bradstreet Corp (DNB) -8.25%, Apollo Group Inc Cl A (APOL) -3.31%, and Fidelity National Information Services Inc (FIS) -2.94%. SPX five day big winners are Avon Products Inc (AVP) 19.62%, First Solar Inc (FSLR) 16.26%, and Flir Systems Inc (FLIR) 12.%. SPX five day big losers are C.H. Robinson Worldwide (CHRW) -11.
Market Creep Continues February 11, 2013
Market Recap: SPX big winners were First Solar Inc (FSLR) 6.42%, Moody's Corporation (MCO) 4.87%, and Mcgraw-Hill Companies (MHP) 3.76%. SPX big losers were Western Union Company (WU) -2.8%, Southwestern Energy Co (SWN) -2.65%, and Lyondellbasell Industries Nv O (LYB) -2.54%. SPX five day big winners are First Solar Inc (FSLR) 14.18%, Flir Systems Inc (FLIR) 13.6%, and Tesoro Corp (TSO) 11.76%. SPX five day big losers are Akamai Technologies Inc (AKAM) -14.
Mixed Close but Strong Internals February 6, 2013
Market Recap: SPX big winners were First Solar Inc (FSLR) 7.08%, Wyndham Worldwide Corp (WYN) 6.68%, and Netflix Inc (NFLX) 5.73%. SPX big losers were C.H. Robinson Worldwide (CHRW) -10.58%, Gamestop Corp (GME) -6.45%, and Aflac Inc (AFL) -4.48%. SPX five day big winners are JDS Uniphase Corp (JDSU) 23.71%, Pitney Bowes Inc (PBI) 15.53%, and Mead Johnson Nutrition Company (MJN) 13.28%. SPX five day big losers are Mcgraw-Hill Companies (MHP) -22.26%, Constellation Brands Inc (STZ) -19.
Bulls Continue February 3, 2013
Market Recap: SPX big winners were Gamestop Corp (GME) 6.13%, LSI Corporation (LSI) 4.76%, and Allegheny Technologies (ATI) 4.56%. SPX big losers were Perkinelmer Incorporated (PKI) -4.26%, Pitney Bowes Inc (PBI) -4.1%, and National Oilwell Varco Inc (NOV) -3.95%. SPX five day big winners are Valero Energy Corp (VLO) 17.72%, Hess Corp (HES) 15.81%, and Pitney Bowes Inc (PBI) 13.74%. SPX five day big losers are Constellation Brands Inc (STZ) -15.12%, Time Warner Cable Inc (TWC) -10.
Strong Internals; Strong Small Caps January 31, 2013
Market Recap: SPX big winners were Pitney Bowes Inc (PBI) 19.04%, JDS Uniphase Corp (JDSU) 14.8%, and Mead Johnson Nutrition Company (MJN) 10.61%. SPX big losers were Constellation Brands Inc (STZ) -17.39%, Time Warner Cable Inc (TWC) -11.89%, and Harman Internat Ind Inc (HAR) -11.11%. SPX five day big winners are Pitney Bowes Inc (PBI) 18.6%, Valero Energy Corp (VLO) 15.2%, and Hess Corp (HES) 14.92%. SPX five day big losers are Constellation Brands Inc (STZ) -14.
Traders Sell after the FOMC Announcement January 30, 2013
Market Recap: SPX big winners were Robert Half Internat (RHI) 6.59%, Avery Dennison Corp (AVY) 5.77%, and Chesapeake Energy Corp (CHK) 5.43%. SPX big losers were Peabody Energy (BTU) -6.43%, JDS Uniphase Corp (JDSU) -5.11%, and Meadwestvaco Corp (MWV) -4.%. SPX five day big winners are Netflix Inc (NFLX) 62.41%, Hess Corp (HES) 17.38%, and Valero Energy Corp (VLO) 15.22%. SPX five day big losers are Apple Inc (AAPL) -11.12%, US Steel Corp (X) -10.68%, and First Solar Inc (FSLR) -10.4%.
Bulls Don't Let Up January 29, 2013
Market Recap: SPX big winners were Valero Energy Corp (VLO) 11.76%, D.R. Horton Inc (DHI) 11.29%, and J.C. Penney Company Inc (JCP) 9.17%. SPX big losers were Bmc Software Inc (BMC) -6.92%, First Solar Inc (FSLR) -5.93%, and Amazon.Com Inc (AMZN) -5.7%. SPX five day big winners are Netflix Inc (NFLX) 72.91%, Valero Energy Corp (VLO) 17.79%, and Hess Corp (HES) 15.7%. SPX five day big losers are Coach Inc (COH) -13.94%, First Solar Inc (FSLR) -11.53%, and Apple Inc (AAPL) -9.21%.
SPX Winning Streak Ends January 28, 2013
Market Recap: SPX big winners were Hess Corp (HES) 5.67%, Xerox Corp (XRX) 3.75%, and Cablevision Systems Cl A (CVC) 3.61%. SPX big losers were Petsmart Inc (PETM) -9.38%, Netflix Inc (NFLX) -4.31%, and Southwestern Energy Co (SWN) -4.01%. SPX five day big winners are Netflix Inc (NFLX) 63.47%, Advanced Micro Devices (AMD) 14.63%, and Intuitive Surgical Inc (ISRG) 13.69%. SPX five day big losers are Coach Inc (COH) -16.63%, Apple Inc (AAPL) -10.03%, and Joy Global Inc (JOY) -9.2%.
Apple Brings NASDAQ Weakness while Other Indices Close Green January 24, 2013
Market Recap: SPX big winners were Netflix Inc (NFLX) 30.27%, Bed Bath & Beyond Inc (BBBY) 4.29%, and F5 Networks Inc (FFIV) 4.28%. SPX big losers were Apple Inc (AAPL) -13.81%, Mccormick & Company Inc (MKC) -6.7%, and Noble Corp (NE) -6.18%. SPX five day big winners are Netflix Inc (NFLX) 50.66%, Intuitive Surgical Inc (ISRG) 16.55%, and Life Technologies Corporation (LIFE) 14.95%. SPX five day big losers are Coach Inc (COH) -16.56%, Apple Inc (AAPL) -10.
Traders Wait for Apple Earnings January 23, 2013
Market Recap: SPX big winners were Advanced Micro Devices (AMD) 10.69%, Intuitive Surgical Inc (ISRG) 8.59%, and Netflix Inc (NFLX) 5.61%. SPX big losers were Coach Inc (COH) -19.48%, Quest Diagnostics Inc (DGX) -5.94%, and Alexion Pharmaceuticals (ALXN) -4.56%. SPX five day big winners are Genworth Financial (GNW) 14.76%, Life Technologies Corporation (LIFE) 13.92%, and Safeway Inc (SWY) 12.66%. SPX five day big losers are Coach Inc (COH) -17.36%, Capital One Financial Cp (COF) -8.
The Beat Goes On January 22, 2013
Market Recap: SPX big winners were Western Digital Corp (WDC) 5.65%, Chesapeake Energy Corp (CHK) 5.1%, and First Solar Inc (FSLR) 4.96%. SPX big losers were Edwards Life Sciences (EW) -2.75%, Autodesk Inc (ADSK) -2.54%, and Red Hat Inc (RHT) -2.5%. SPX five day big winners are Genworth Financial (GNW) 17.6%, Life Technologies Corporation (LIFE) 14.66%, and Morgan Stanley (MS) 14.5%. SPX five day big losers are Capital One Financial Cp (COF) -8.36%, Advanced Micro Devices (AMD) -7.
New Highs for Major Indices January 21, 2013
Market Recap: SPX big winners were Life Technologies Corporation (LIFE) 9.51%, Morgan Stanley (MS) 7.42%, and State Street Corp (STT) 5.8%. SPX big losers were Advanced Micro Devices (AMD) -10.57%, Capital One Financial Cp (COF) -8.13%, and Intel Corp (INTC) -6.7%. SPX five day big winners are Dell Inc (DELL) 18.01%, Genworth Financial (GNW) 12.82%, and Life Technologies Corporation (LIFE) 12.53%. SPX five day big losers are Capital One Financial Cp (COF) -8.
Equities Surge Amid Hopes for Europe January 17, 2013
Market Recap: SPX big winners were CBS Corp Class B (CBS) 7.24%, Kla-Tencor Corp (KLAC) 6.98%, and Pulte Homes Inc (PHM) 5.26%. SPX big losers were Bank Of America Corp (BAC) -4.28%, J.C. Penney Company Inc (JCP) -3.46%, and Citigroup (C) -2.99%. SPX five day big winners are Best Buy Co Inc (BBY) 19.74%, Dell Inc (DELL) 16.12%, and Tenet Healthcare Corp (THC) 11.94%. SPX five day big losers are Perrigo Co (PRGO) -5.91%, J.C. Penney Company Inc (JCP) -5.27%, and Sprint Nextel Corp (S) -5.22%.
SPX Continues to Assault the 1474 Rally Highs January 16, 2013
Market Recap: SPX big winners were Genworth Financial (GNW) 8.02%, Constellation Brands Inc (STZ) 6.02%, and Phillips 66 (PSX) 4.37%. SPX big losers were Chipotle Mexican Grill (CMG) -6.13%, Northern Trust Corp (NTRS) -6.02%, and Allegheny Technologies (ATI) -4.41%. SPX five day big winners are Best Buy Co Inc (BBY) 26.57%, Dell Inc (DELL) 15.37%, and Genworth Financial (GNW) 8.72%. SPX five day big losers are Sprint Nextel Corp (S) -5.95%, Allegheny Technologies (ATI) -5.
Morning Lows; Close Near Highs January 15, 2013
Market Recap: SPX big winners were Dell Inc (DELL) 6.92%, Apollo Group Inc Cl A (APOL) 5.43%, and Denbury Resources Ltd (DNR) 5.15%. SPX big losers were Apple Inc (AAPL) -3.18%, Fiserv Inc (FISV) -3.07%, and Windstream Corp (WIN) -2.8%. SPX five day big winners are Dell Inc (DELL) 22.28%, Best Buy Co Inc (BBY) 22.%, and Celgene Corp (CELG) 8.73%. SPX five day big losers are Peabody Energy (BTU) -7.65%, Apple Inc (AAPL) -7.5%, and Sprint Nextel Corp (S) -5.86%.
Sluggish Tight Range Trading Continues January 14, 2013
Market Recap: Asian stocks closed mostly higher today with a sharp 3.81% rally in China on comments by China's chief securities regulator favoring raising caps on foreign investment in Chinese equities. The Japanese stock market was closed for a holiday. SPX big winners were Dell Inc (DELL) 12.95%, Hewlett-Packard Co (HPQ) 4.8%, and Coach Inc (COH) 3.57%. SPX big losers were Sprint Nextel Corp (S) -3.95%, Apple Inc (AAPL) -3.69%, and H&R Block Inc (HRB) -2.88%.
SPX Almost Tags September Highs During the Week January 13, 2013
Market Recap: SPX big winners were Best Buy Co Inc (BBY) 15.27%, Monster Beverage Corporation (MNST) 4.42%, and Cognizant Tech Sol Cp A (CTSH) 4.4%. SPX big losers were Perrigo Co (PRGO) -6.01%, Peabody Energy (BTU) -5.4%, and J.C. Penney Company Inc (JCP) -5.06%. SPX five day big winners are Best Buy Co Inc (BBY) 17.34%, Celgene Corp (CELG) 17.31%, and Micron Technology Inc (MU) 8.33%. SPX five day big losers are Apollo Group Inc Cl A (APOL) -12.8%, J.C. Penney Company Inc (JCP) -11.
Dollar Weakens; Equities Surge January 10, 2013
Market Recap: SPX big winners were Tesoro Corp (TSO) 5.83%, Best Buy Co Inc (BBY) 5.26%, and Urban Outfitters Inc (URBN) 4.57%. SPX big losers were Tiffany & Co (TIF) -4.87%, Monster Beverage Corporation (MNST) -3.09%, and Pepco Holdings Incorporated (POM) -2.99%. SPX five day big winners are Celgene Corp (CELG) 16.91%, Windstream Corp (WIN) 11.71%, and Harman Internat Ind Inc (HAR) 8.53%. SPX five day big losers are Apollo Group Inc Cl A (APOL) -11.71%, First Solar Inc (FSLR) -7.
Sluggish Trading with an Early Morning High and Late Afternoon Low January 9, 2013
Market Recap: SPX big winners were Hospira Inc (HSP) 5.28%, Western Digital Corp (WDC) 4.27%, and Perkinelmer Incorporated (PKI) 4.04%. SPX big losers were Apollo Group Inc Cl A (APOL) -8.46%, Garmin Ltd (GRMN) -7.01%, and Bank Of America Corp (BAC) -4.63%. SPX five day big winners are Celgene Corp (CELG) 13.86%, Windstream Corp (WIN) 11.36%, and Micron Technology Inc (MU) 10.26%. SPX five day big losers are Gamestop Corp (GME) -11.89%, Family Dollar Stores Inc (FDO) -11.
Buyers For Every Dip January 8, 2013
Market Recap: SPX big winners were Celgene Corp (CELG) 6.48%, Coach Inc (COH) 3.04%, and Tesoro Corp (TSO) 2.94%. SPX big losers were Gamestop Corp (GME) -6.8%, WPX Energy Inc (WPX) -4.93%, and J.C. Penney Company Inc (JCP) -4.85%. SPX five day big winners are Celgene Corp (CELG) 16.49%, Windstream Corp (WIN) 16.06%, and Micron Technology Inc (MU) 14.04%. SPX five day big losers are Family Dollar Stores Inc (FDO) -9.6%, Gamestop Corp (GME) -7.57%, and Limited Brands Inc (LTD) -6.35%.
Bulls Finish Strong after Modest Intraday Pullback January 7, 2013
Market Recap: SPX big winners were Celgene Corp (CELG) 4.43%, Windstream Corp (WIN) 3.78%, and Amazon.Com Inc (AMZN) 3.54%. SPX big losers were First Solar Inc (FSLR) -6.71%, Tesoro Corp (TSO) -5.52%, and QEP Resources (QEP) -5.03%. SPX five day big winners are Micron Technology Inc (MU) 17.13%, Advanced Micro Devices (AMD) 17.11%, and Windstream Corp (WIN) 16.51%. SPX five day big losers are Family Dollar Stores Inc (FDO) -8.77%, Tesoro Corp (TSO) -5.92%, and Zimmer Holdings (ZMH) -4.74%.
Overbought but Market Continues Higher January 5, 2013
Market Recap: SPX big winners were Dollar General Corporation (DG) 5.35%, Windstream Corp (WIN) 4.94%, and Cme Group Inc (CME) 4.28%. SPX big losers were Apple Inc (AAPL) -2.81%, Tesoro Corp (TSO) -2.72%, and Scripps Networks Interactive, Inc. (SNI) -2.61%. SPX five day big winners are Genworth Financial (GNW) 14.21%, Avon Products Inc (AVP) 13.79%, and Micron Technology Inc (MU) 11.9%. SPX five day big losers are Family Dollar Stores Inc (FDO) -9.35%, Zimmer Holdings (ZMH) -4.
Consolidation Near 52-Week Highs January 3, 2013
Market Recap: SPX big winners were Ross Stores Inc (ROST) 7.65%, First Solar Inc (FSLR) 7.44%, and Tiffany & Co (TIF) 4.99%. SPX big losers were Family Dollar Stores Inc (FDO) -14.58%, Limited Brands Inc (LTD) -6.01%, and Gamestop Corp (GME) -5.08%. SPX five day big winners are First Solar Inc (FSLR) 12.34%, Ross Stores Inc (ROST) 12.2%, and Micron Technology Inc (MU) 11.65%. SPX five day big losers are Family Dollar Stores Inc (FDO) -10.96%, Zimmer Holdings (ZMH) -4.
Last Minute Cliff Deal Clobbers Bears January 2, 2013
Market Recap: SPX big winners were US Steel Corp (X) 8.1%, Lam Research Corp (LRCX) 7.02%, and LSI Corporation (LSI) 6.59%. SPX big losers were Consol Energy Inc (CNX) -3.3%, Peabody Energy (BTU) -2.79%, and Dollar General Corporation (DG) -2.63%. SPX five day big winners are Genworth Financial (GNW) 11.42%, Cliffs Nat'l Resources Inc (CLF) 9.76%, and LSI Corporation (LSI) 8.48%. SPX five day big losers are Watson Pharmaceuticals (WPI) -6.81%, Dun & Bradstreet Corp (DNB) -5.
Bulls Rampage on Last Session of the Year December 31, 2012
Market Recap: SPX big winners were Cliffs Nat'l Resources Inc (CLF) 8.4%, Advanced Micro Devices (AMD) 5.24%, and Phillips 66 (PSX) 5.02%. SPX big losers were Watson Pharmaceuticals (WPI) -3.46%, Zimmer Holdings (ZMH) -1.79%, and Nyse Euronext (NYX) -.29%. SPX five day big winners are Ford Motor Co (F) 9.19%, Cliffs Nat'l Resources Inc (CLF) 8.95%, and Genworth Financial (GNW) 6.52%. SPX five day big losers are Advanced Micro Devices (AMD) -7.34%, Watson Pharmaceuticals (WPI) -5.
More Rumors Regarding the Fiscal Cliff Cause Market Knee Jerks December 30, 2012
Market Recap: SPX big winners were Ford Motor Co (F) .88%, Macy's Inc (M) .76%, and Nordstrom Inc (JWN) .74%. SPX big losers were Advanced Micro Devices (AMD) -4.78%, Garmin Ltd (GRMN) -3.2%, and Jabil Circuit Inc (JBL) -2.95%. SPX five day big winners are Ford Motor Co (F) 9.35%, Delphi Automotive PLC (DLPH) 4.66%, and Nike Inc Cl B (NKE) 3.01%. SPX five day big losers are Micron Technology Inc (MU) -9.72%, First Solar Inc (FSLR) -7.6%, and Gannett Co Inc (GCI) -7.17%.