By sector, some of the strongest performing stocks at the beginning of the week belonged to the energies. ^CNX^ and ^SWN^ joined ^HAL^ as among the biggest gainers in the S&P 500.
Among the companies scheduled to report quarterly earnings on Tuesday are ^JASO^ and ^SOLF^. Both solar energy companies are increasingly overbought above the 200-day moving average.
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Buyers remain on the offensive in ^WYNN^, sending the stock higher for the third day in a row and up more than 3% on Monday alone.
Among the strength in a number of energy companies at the beginning of the week, the pullback of more than 4% in ^APC^ (below) stands out.
Shares of APC have been trading above the 200-day moving average since early in the second half of October.
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Up more than 6% and closing above its 200-day moving average for a four consecutive trading day were shares of ^MGM^. The stock had traded below its 200-day since late June – save for a brief spike above that level early in the first half of October.
Off more than 3% on Monday after closing higher for four consecutive trading days were shares of ^HOG^ (below).
The last time HOG was in oversold territory above the 200-day moving average was in late October, shortly before advancing for five out of the next six trading days.
^BAC^ gained nearly 2% on Monday, but the higher close represents the stock’s fourth higher close above the 200-day moving average.
Closing higher for a fifth day in a row and increasingly overbought below the 200-day moving average ahead of trading on Tuesday were shares of ^URBN^ (below).
URBN last traded in overbought territory in late October. The stock closed lower for three out of the following four trading days.
Shares of ^ATVI^ were up more than 5% on Monday following a sharp-sell off on Friday.
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David Penn is Editor-in-Chief at TradingMarkets.com.