High Volume Screen

Here is a partial list of stocks moving on above-average volume:

• Advancers: BOOM, ATEA, ELOS, PRAA, ADBE, AGN, CCJ, BEAV, NARA, STJ

• Decliners: VLCM, KSU, CMTL, DV, CECO, NNDS, SSD, LOJN, XL, NURO

Market Comments: Very impressive breakout to new highs today. This is an example of the market doing exactly what frustrates the most people (since most were looking for a pullback). Volume is nothing to write home about though.

That said, the price action is solid. And bond yields continue to drift lower (4.49%) after this morning's productivity report showed that unit labor costs declined in the most recent period. I hope the Fed is paying attention to this.

long ELOS