More Consolidation

Not a bad day. Investors keep watching to see if the market is going to give back some of its recent gains, but it hangs in again. Breadth was not great, and volume rose slightly on the NYSE, but overall the price action has to be construed as benign.

Some stocks continue to break out. Check out the breakout in CTHR, TRID, and QSII. Other stocks continue to extend their recent breakouts: HANS, ISRG, GOOG, MNST, ADP, and C. So there is lots of action away from the major indexes. Bears will complain that the leadership in the market is narrowing, but don't listen. Just focus on making money.

Have a great night--

long TRID, GOOG, MNST, ADP, C