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Wednesday, June 12, 2013

Wednesday Morning Update

My computer is slightly crippled right now, so I am going to be a little slower than usual. I know what is wrong, but I haven't figured out what is causing ii yet. Anyway, not much has changed since yesterday, support has held and now it appears we will be challenging resistance. Sectorwise we have XLB and XLE leading, XLU and XLY lagging. The Nasdaq and Russell 2000 are lagging slightly. I have oil , gold, and treasury yields all up.

I have 94 new highs so far, with breakouts in AGYS, CYTK, SE, HMA, and RMBS. I have a report from ULTA, which is up 16.4%.

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