Market Leadership

Ticker	50-Day Simple Moving Average	52-Week High	Relative Strength Index (14)	Change	Change from Open	Gap	Relative Volume
MHS	8.26%	-2.69%	61.54	-0.91%	0.31%	-1.22%	3.17
CF	-2.84%	-9.72%	42.94	-3.63%	-2.73%	-0.92%	1.7
PCLN	18.37%	-3.27%	72.05	-0.75%	0.10%	-0.85%	1.51
SWI	4.91%	-9.93%	51.5	-1.44%	0.07%	-1.50%	1.5
CBOU	5.69%	-3.31%	63.61	-0.08%	0.87%	-0.94%	1.49
AAPL	17.71%	-2.19%	73.79	-1.58%	-0.76%	-0.83%	1.38
FOSL	14.59%	-3.37%	62.63	-1.09%	-2.97%	1.94%	1.29
VMW	11.76%	-0.94%	69	1.65%	1.20%	0.44%	1.28
RGR	12.77%	-5.52%	64.1	-0.48%	0.21%	-0.69%	1.23
ULTA	9.57%	-2.91%	63.25	-1.73%	-0.81%	-0.93%	0.93
CMG	7.54%	-2.54%	65.18	-1.04%	-0.81%	-0.23%	0.82
CRUS	3.96%	-6.20%	48.87	-2.06%	-0.98%	-1.09%	0.8
FTNT	2.61%	-7.53%	49.75	-0.94%	-0.64%	-0.30%	0.67
LULU	7.09%	-5.64%	54.06	-1.34%	-0.47%	-0.87%	0.66
FFIV	5.31%	-2.40%	58.92	-1.03%	-0.14%	-0.89%	0.63
MDSO	21.11%	-4.76%	65.32	-0.56%	0.38%	-0.93%	0.55
ATW	-4.82%	-9.71%	38.65	-1.67%	-0.99%	-0.69%	0.54
MELI	5.25%	-4.20%	58.99	-1.74%	-1.22%	-0.53%	0.45
CSTR	9.50%	-3.78%	59.45	-1.17%	-0.34%	-0.84%	0.35

Once again we are getting confirmation on a move down from the leaders. We do have a few pockets of strength (PCLN, AAPL, VMW, CBOU being the most obvious), but overall we are down, on fairly low volume. We do have one stock in trouble: CF broke the 50dma and is headed down on high volume. So far this is still looking more like a buying opportunity than a collapse (other than CF).

Here is a link to the charts.