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Getting dizzy yet?

Getting dizzy yet? Can’t blame you. One week, market acting like it will crash. Next week, acts like this week. Just keep your wits about you.

Many of the major indices remain locked in ranges going back quite a long time. This occurs because more than half the market remains yuck while the rest act fine. Since we have had to report often the bad news in the market, today, here is what continues to work:

While extended, the nifty-fiftyish names like AMZN,GOOG,FB continue to act fine. They certainly jerked them around a bit in the past week.

MA and V act fine with V having the better numbers and the stronger of the two.

Auto parts retail in AZO and ORLY still hanging in there though AAP went bye-bye.

A few AIRLINE names still acting fine.

Good reaction to HD numbers.

MSFT and their blah numbers were bought and still holding.

NFLX and its 50% drop in earnings actually sets up well.

MCD and its drop in sales is loved.

COST acts great while most of retail croaks.

GE…wow!

There are a few more things…just not a lot…and even the “big leaders” are not making much hay. We are in hopes the “seasonal” strength and holidays come into play so markets could have a good end of year move. Of course, the markets will decide this.