Notable Stocks

Here are some stocks that stand out today:

• YHOO - down 12% on a penny miss. ouch
• GLW - bucking today's weakness and nearing another new high
• MDT - breaking out to new highs
• CRM - another breakout to new highs
• PGR - breaking down on heavy volume

Market Comments: The markets are breaking down to new lows for the day. The volatility index and put/call ratio are picking up a bit, as fear enters the investment landscape. How the market closes will be important, as well as whether volume finishes higher than yesterday (read: distribution).

long MDT