For Every One Skechers...

For every one SKX in this tape, breaking down after earnings on the weekly chart, below, there is a reflection back by bulls who have several names firming up and acting well on a slow summer Friday. 

Even CMG, for example, a long-term leader turned laggard in 2016, is spiking up after an initial move down after earnings. That type of action typically means sellers are a bit maxed out here for now, as they failed to hold the stock under $390 in recent weeks.

So while SKX is hands-off for now, other names are begging to be stalked. 

I will update Members with a list of names acting well here in my usual Midday Video