Trends to Watch

Keep an eye on Machinery and Equipment manufacturers and distributors

Watch: ACAT, MNTX, TITN, TSCO, TWIN, WGO

Other Hot Stocks: AREX, BSET, CCME, CLFD, DBLE, DEST, DSCI, EEE, GLUU, GNTX, GSL, IBIO, KLIC, MDW, MGIC, NFLX, OCCF, QPSA, SANW, UFPT, UTA, UTEK, VRS, ZLCS

LT Trade: BAGL, CIS, NVDA, REDF


Overall Note: Market still has legs. Positive earnings on MSFT and many other stocks in various sectors is giving the market more fuel to burn. On a psychological note, many investors and traders have been burnt from the bear market of 2008 and are quick to judge this rally as being over. This shows that the top has not been put in place.