Each day we write a few articles covering stocks making key technical developments.

$PM pushed through the 200 and 50MA after releasing positive earnings.

by Bridget Articles

Philip Morris International ($PM) is crossing above the 50 day moving average. The 50 day moving average is viewed as a medium to short term support / resistance.

52 Week Range $75.27-$90.25
Market Cap 131,620,944,363
Average Volume 3,852,833
Dividend Yield 4.84%
Institutional Ownership 71.80%
Insider Ownership: 0.40%
Percentage of Float Short 0.50%
Beta 0.94

Philip Morris International is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Philip Morris International Philip Morris International Inc is a holding company. The Company through its subsidiaries manufactures and sells cigarettes and other tobacco products in markets outside the United States of America.

Alaska Air Group Inc.: Continuing the breakout move

by Bridget Articles

Alaska Air Group Inc. ($ALK) is continue the move to the upside. Alaska Air Group Inc. is up 2.28% at $72.32 on a volume of 852,596 shares. Alaska Air Group Inc. continues to trade along the upper edge of the price envelope.

52 Week Range $40.69-$71.40
Market Cap 9,358,347,710
Average Volume 1,362,491
Dividend Yield 1.13%
Institutional Ownership 91.60%
Insider Ownership: 0.30%
Percentage of Float Short 6.30%
Beta 1.03

Alaska Air Group Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Alaska Air Group Inc. Alaska Air Group Inc through its subsidiaries, provides passenger air, freight and mail services within the state of Alaska and on the West Coast.

Netflix is at a new all time high as it approaches the 7:1 split and reports earnings tomorrow.

by Bridget Articles

Netflix Inc. ($NFLX) hit a new 52 week high today. NFLX is at $713.00, and has traded in a range from $315.54 to $706.24 over the past 52 weeks. Volume was last at 3,148,260 with a 50 day average of 2,486,709.

52 Week Range $315.54-$706.24
Market Cap 43,134,532,882
Average Volume 2,486,709
Dividend Yield 0.00%
Institutional Ownership 92.00%
Insider Ownership: 0.30%
Percentage of Float Short 6.90%
Beta 1.32

Netflix Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Netflix Inc. Netflix Inc operates as an Internet television network providing TV shows & movies which include original series, documentaries & feature films. The Company has three segments namely Domestic streaming, International streaming & Domestic DVD.

FitBit is hitting a fresh 52 week high and all time high.

by Bridget Articles

FitBit Inc ($FIT) is hitting a new 52 week high today. Over the past 52 weeks FIT has traded from a low of $29.50 to a high of $44.38. FIT was last at $44.23 on a volume of 10,884,400.

52 Week Range $29.50-$44.38
Market Cap 9,045,593,262
Average Volume 0
Dividend Yield 0.00%
Institutional Ownership 0.00%
Insider Ownership: 0.00%
Percentage of Float Short 0.00%
Beta 0.00

FitBit Inc is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Fitbit Inc provides fitness tracking devices, wearable devices, and the health and fitness industry. It provides platform to combine connected health and fitness devices with software and services.

Costco Wholesale Corp. is breaking out of its three month downtrend and looks ready to move higher.

by Bridget Articles

Costco Wholesale Corp ($COST) is resolving it’s latest consolidation to the updside. Costco Wholesale Corp is up 2.56% at $142.94 on a volume of 1,180,150 shares today.

52 Week Range $116.58-$156.85
Market Cap 62,873,104,067
Average Volume 2,075,117
Dividend Yield 1.15%
Institutional Ownership 80.80%
Insider Ownership: 0.60%
Percentage of Float Short 1.40%
Beta 0.55

Costco Wholesale Corp is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Costco Wholesale Corp Costco Wholesale Corp and its subsidiaries operate membership warehouses. It offers its members low prices on a limited selection of nationally branded and select private-label products in merchandise categories.

YY Inc. is gapping up today as Chinese markets were recovering today.

by Bridget Articles

YY Inc. ($YY) gapped up today and is currently up 2.40% today on a volume of 3,876,740 shares.

52 Week Range $50.52-$96.39
Market Cap 3,215,782,863
Average Volume 1,706,661
Dividend Yield 0.00%
Institutional Ownership 49.40%
Insider Ownership: 0.00%
Percentage of Float Short 8.80%
Beta 1.19

YY Inc. is below the 50 day moving average and below the 200 day moving average. These are bearish, bearish indicators respectively.

YY Inc. YY Inc is a social communication platform that engages users in real-time online group activities through voice, text and video. Its platform consists of YY Client, the YY.com and Duowan.com web portals and Mobile YY.

Stocks at fresh highs

by Bridget Articles

Criteo S.A. ADR (Sponsored) ($CRTO) hit a new 52 week high today. CRTO is at $51.64, and has traded in a range from $28.31 to $51.43 over the past 52 weeks. Volume was last at 645,146 with a 50 day average of 812,602.

52 Week Range $28.31-$51.43
Market Cap 3,163,385,097
Average Volume 812,602
Dividend Yield 0.00%
Institutional Ownership 69.60%
Insider Ownership: 0.00%
Percentage of Float Short 0.70%
Beta 3.99

Criteo S.A. ADR (Sponsored) is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Criteo S.A. ADR (Sponsored) Criteo SA is a technology company providing digital performance marketing. It sells internet display advertisements featuring product-level recommendations either directly to clients or to advertising agencies.

Crossing below the 200 day: Bank of America Corp. Next level of support is not until $15.60.

by Bridget Articles

Bank of America Corp. ($BAC) is falling below the 200 day moving average. This is a bearish development, many technical traders use the 200 moving average to dictate which side of the trade engage. (Short below the 200 day, long above the 200 day moving average).

52 Week Range $14.84-$18.21
Market Cap 172,654,527,584
Average Volume 74,166,096
Dividend Yield 1.20%
Institutional Ownership 64.70%
Insider Ownership: 0.10%
Percentage of Float Short 0.90%
Beta 1.70

Bank of America Corp. is below the 50 day moving average and below the 200 day moving average. These are bearish, bearish indicators respectively.

Bank of America Corp. Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, it provides banking and non-banking financial services and products throughout the United States and in selected international markets.

Apple Inc: Out of consolidation to the downside

by Bridget Articles

Apple Inc ($AAPL) has been consolidating in a range from 125 to 133. That consolidation appears to have run it’s course as Apple Inc is rolling over, currenty down -1.77% at $123.62 on volume of 30,551,400 shares (0.59 times the typical daily volume).

52 Week Range $92.57-$134.54
Market Cap 711,717,646,200
Average Volume 46,549,311
Dividend Yield 1.65%
Institutional Ownership 63.20%
Insider Ownership: 0.00%
Percentage of Float Short 1.10%
Beta 0.93

Apple Inc is below the 50 day moving average and above the 200 day moving average. These are bearish, bearish indicators respectively.

Apple Inc Apple Inc designs, manufactures, & markets mobile communication & media devices, personal computers, & portable digital music players, & sells a variety of related software, services, accessories, networking solutions, & third-party digital content.

Momentum in favor of Southern Co.

by Bridget Articles

Southern Co. ($SO) is resolving it’s latest consolidation to the updside. Southern Co. is up 0.23% at $44.40 on a volume of 2,437,870 shares today.

52 Week Range $41.40-$53.16
Market Cap 40,344,970,100
Average Volume 5,461,973
Dividend Yield 4.90%
Institutional Ownership 50.00%
Insider Ownership: 0.00%
Percentage of Float Short 3.70%
Beta 0.01

Southern Co. is above the 50 day moving average and below the 200 day moving average. These are bullish, bullish indicators respectively.

Southern Co. Southern Co through its traditional operating companies, provides electric service in four Southeastern states.

Morning Market Thoughts

Morning Market Thoughts

by DAN Articles

Discussed in this article:


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Semiconductor ETF (SMH): Out of consolidation to the downside

by Bridget Articles

Market Vectors Semiconductor ETF ($SMH) has been consolidating in a 10% for most of this year. That consolidation appears to have run it’s course as Market Vectors® Semiconductor ETF is rolling over, currently down -3.25% at $55.78 on volume of 7,576,120 shares (2.58 times the typical daily volume).

52 Week Range $44.43-$60.13
Market Cap 385,842,000
Average Volume 3,247,270
Dividend Yield 1.10%
Institutional Ownership 0.00%
Insider Ownership: 0.00%
Percentage of Float Short 34.40%
Beta 1.23

Market Vectors® Semiconductor ETF is below the 50 day moving average and above the 200 day moving average. These are bearish, bearish indicators respectively.

Market Vectors® Semiconductor ETF The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Listed Semiconductor 25 Index (the “Semiconductor Index”).
The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor sector. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Facebook hit a new all-time high today.

by Bridget Articles

Facebook Inc. ($FB) hit a new 52 week high today. Dan recommends being in this stock for a long term hold. FB is at $87.82, and has traded in a range from $62.21 to $86.07 over the past 52 weeks. Volume was last at 44,367,100 with a 50 day average of 23,184,200.

52 Week Range $62.21-$86.07
Market Cap 246,479,000,000
Average Volume 23,184,200
Dividend Yield 0.00%
Institutional Ownership 55.10%
Insider Ownership: 0.30%
Percentage of Float Short 0.80%
Beta 0.76

Facebook Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Facebook Inc. Facebook Inc is a social networking website which builds products that creates utility for users, developers and advertisers.

Momentum in favor of Target Corp. Target broke out of a consolidation squeeze on 6/17.

by Bridget Articles

Target Corp. ($TGT) is resolving it’s latest consolidation to the updside. Target Corp. is up 1.40% at $82.28 on a volume of 4,163,620 shares today.

52 Week Range $57.26-$83.98
Market Cap 52,420,200,000
Average Volume 4,444,050
Dividend Yield 2.73%
Institutional Ownership 0.00%
Insider Ownership: 0.30%
Percentage of Float Short 2.90%
Beta 0.59

Target Corp. is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

Target Corp. Target Corp is engaged in operating general merchandise discount stores in the United States.

Crossing below the 200 day: Merck & Co. Inc.

by DAN Articles

Merck & Co. Inc. ($MRK) is falling below the 200 day moving average. This is a bearish development, many technical traders use the 200 moving average to dictate which side of the trade engage. (Short below the 200 day, long above the 200 day moving average). The next line of support is at $56, which has held since late last year.

52 Week Range $52.49-$63.62
Market Cap 162,195,980,610
Average Volume 10,857,325
Dividend Yield 3.11%
Institutional Ownership 78.90%
Insider Ownership: 0.10%
Percentage of Float Short 1.10%
Beta 0.38

Merck & Co. Inc. is below the 50 day moving average and below the 200 day moving average. These are bearish, bearish indicators respectively.

Merck & Co. Inc. Merck & Co Inc is a health care company that delivers health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products.