Monday Morning Update

It looks like we have settled into a range here between 1364 and 1378, and this morning we are going to test the bottom side of that range. If 1364 holds it looks like another buying opportunity, if not than it's time to start selling. Among the sectors XLP and XLV are leading, not the most bullish of situations, while XLB and XLE take up the rear. The Nasdaq and Russell 2000 both have slight leads. I have oil up a smidge, gold down, treasury yields flat.

I have 37 new highs so far, with breakouts in TESS, BP,  and IBM. I had a bunch of stocks scheduled to report, but none have, and I have confirmed dates for some of them. I will post a revision probably tomorrow.