12: The retail and wholesale auto parts group is a strong No. 26 among 197 industry groups.

11: Advance Auto Parts (AAP), which reported its results about a week ago, popped 3% in fast trade.

10: The stock market was mixed in quiet trade late Tuesday morning, as investors studied Federal Reserve chief Jerome Powell semiannual report to Congress.

9: The retail and wholesale auto parts group is a strong No. 26 among 197 industry groups.

8: In prepared remarks before his testimony to the U.S. Senate Banking Committee, Fed chief Powell said the Fed regards the economic outlook as favorable. But he added that over the past few months we have seen some crosscurrents and conflicting signals.

7: The Innovator IBD 50 Fund (FFTY), an exchange-traded fund that reflects the IBD 50, dropped 1%. Innovator is down 0.9% so far this week. The ETF is up 20% year to date, easily topping the major indexes 12% to 14% gains.

6: In the IBD 50, a proxy for top-rated stocks, Allison Transmission (ALSN) continued the day auto-related theme. Allison jumped 4% in strong volume as it cleared a double-bottom-with-handle base. The traditional buy point was 48.62, but volume was missing as the stock cleared the potential entry. The handle at 50.13 found volume in today breakout.

5: Advance Auto Parts (AAP), which reported its results about a week ago, popped 3% in fast trade.

4: Housing reports were weak Tuesday, but the homebuilder stocks showed a restrained reaction. IBD homebuilders industry group was down 0.1%.