Longs: NTAP
Breakouts: X>25.00, WFC >27.50, JNPR>25.50, PM>72.50, GG>48.75, ED>59.90, COST>86.00.
Shorts: MS (14.00), JPM (37.00), DD(49.00), COF (47.00), HON (54.00), KLAC (48.00), SBUX,
Notes:
Any saturation plays should be looked at as counter trend pull backs in this environment. Market looks exhausted at this point, buying now is buying late.
XLB-XLF-XLI Strongest
XLV-XLU-XLK Weakest...(Defensive sectors down after the environment changed to risk on)
EUR/USD Inside yesterdays massive range after the the summit where the EU agreed on how to save themselves.
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