*Blue Plate Specials* – July 23

Breaking Out: ALB, AFFX, CELG, CRUS, EBAY, INCY, ISRG, LTM, NIHD, SKX, SFN, SPF, TBI, TRR, TQNT, TUP, TWER, VNDA, XRX
Breaking Out on lower volume: ANN, ANR, DYAX, GAP, IGT, TXI
Breaking Down: DHR (to $57.50), ZEUS (to $22)
New Highs: BCSI, CAKE, CKSW, CTXS, CYTR, DSPG, EJ, ELGX, F, HITK, HRBN, IMMU, KIRK, LFC, NKTR, NVEC, RFMD, RVBD, SWKS, SFE, SFLY, TTEK, WSTL
New Highs on lower volume: ACTG, ADTN, APU, ARRS, GMCR, IMGN, MGEE, PPD, SCLN, SCS, SMP, STAR, SYNT, UBET
New Lows: None
Low-priced leaders: CKSW, CLWR, OMN, SCLN, SMP
Speculative Leaders: ACTG, AFFX, IMAX, MVIS, OMN, SCLN, SMP
Darlings of the Day: AMZN, ISRG, NVEC
Sector Highs: Semis (XSD, SMH), Retail (XRT), Info Tech (VGT), Tech (XLK), Telecom (VOX), Utilities (XLU), Consumer Discretionary (XLY), Health Care (XLV), Biotech (BBH, FBT)
Sector Break-outs: Homebuilders (XHB)
Commodity Break-outs: Aluminum (JJU), Sugar (SGG)
Profit taking?: HITK, KONG, STEC
M&A: BMY to buy MEDX for $16/share in a $2.1B deal
Country ETFs-New Highs: China (GXC, PGJ, FXI), Emerging Mkts (GMF, PXH, EEM), Mexico (EWW), Sweden (EWD), Malaysia (EWM), Hong Kong (EWH), S. Korea (EWY), S. Africa (EZA), Belgium (EWK)
Market Notes: EXTREMELY BULLISH SIGNS: All major avgs (including Dow Transports) have broken major resistance and are above 200dma; Explosion in new highs and in break-outs; Tech-heavy Nasdaq only index with 50dma above 200dma–best performing index

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