Don't fight the fed is a long standing market mantra and market participants were quick to push the buy button after the initial dip on interest rate decision. With 300 plus breakouts o upside, it was yet another good day. This time the market is starting to rally after the 50 plus readings having reached lower range. Which means many stocks in the scan are not overextended.
During this earning season the trend is firmly favoring large and mid cap plays. The small caps have not been good earnings plays so far. Large caps and large float stocks are doing well post earnings. Look at MSFT, it has followed through on earnings, which is very good sign for holders. Look at MA, SIMO, PSEM, SIRF, and IVGN, from yesterday, all broke out post earnings.