A upside breakout in the market was not a big surprise. In last few days lot of stocks were breaking out with nice patterns. They were the early leaders. Besides that 3 times market rallied back from intra day selling in last 10 days. So even though there was breadth divergence the market never had any serious selling day.
Coming in to yesterday I was more than fully invested and used the opportunity to book in some quick profits. There are over 100 good buyable breakouts in my last night scans and I pointed out some of the better ones intra day.
One sector attracting lot of buying yesterday was the metals and there were some nice breakouts in the sector.