4/11/2013

A good rebound



A rebound in the index after job report induced gap down, at first was tentative, accelerated yesterday. This sets the market for another high in near term. As of now the lagging index is small cap and Dow Jones is leading.

The underlying setups are of many extended stocks with minor pullbacks. A fresh set of stock should breakout in coming days/week to broaden the rally.

Some of the stocks setting up for possible b/o in next few days are:

dgi

omi

bgfv

rock

angi

ppc

meru

cbk

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