We have now made a 3 day round trip, from top of range, to bottom, and back to top. 1367 is out new breakout level, and so far it has served as resistance, and as I write this we are sitting right on it. The leading sectors this morning are XLE and XLK, lagging are XLF and XLY. The Nasdaq is about even, the Russell 2000 is lagging. Oil is up, gold down, treasury yields down.
I have 120 new highs so far, with breakouts in NDSN, MELI, CYBX, N, and PG. I have a boatload of reports from last night: AXTI up 11%, DECK down 11%, MELI up 3.1%, MNST up 1.2%, MOH up 4.5%, RBCN down 17%, TIVO down 4%. This morning I have DDS up 0.2%, and JCP down 0.6%.
