$$ $SPY 3DayCharts: Good: $LMT $SUN $XOM $SWN $APA Bad: $MKC $MWV $IFF $EA $MCHP $STUDY

Curiously weak performances Friday from some food/packaged good stocks: $THS $SAFM $BGS $CAG $CPB $CPO $K $SJM $MKC

$MKC is a top gainer this morning. Let's review the 15-year price and earnings correlated F.A.S.T. Graphs: http://stks.co/2AWO

Earnings/news gap down: $SNDK $CVD $LRCX $EFSC $PCP $POT $CRR $ETFC $VAR $UA $ETN $MKC $CL $T $TZOO $CY $MWW

Listen to $MKC Q4 2011 earnings call (EPS 0.98 vs est 0.97) - live at 08:00 AM, ondemand after - http://stks.co/26KZ

Earnings Before the Open (cont ) $KMT $LANC $LMT $LYTS $MKC $MJN $MEG $MPW $MWW $NPBC $NMM $NEI $NOK $NUE $NVR $ORI $POT $PCP $PSSI $QSII

Pulling back to MA support: 20d: $VRTX $WCRX $MKC $AXP $SLE 50d: $CPNO $IPXL $GOLD $CAH 200d: $CNI $TXRH

b/o and retest. no volume though $MKC http://chart.ly/awgti8h

$$ $SPY 3DayCharts: Good: $CRM $CAT $TEL $MKC $TXN Bad: $COG $EQT $DTV $COST $TEG $STUDY

#Dividend Champions a Rare Undervalued Opportunity $MKC, $MCD, $AFL, $ITW, $WAG, $MDT,$ ABT, $BCR, $SYY, $MHP, $JNJ, $PG, $KMB, $PEP, $GPC