Here is a screen I like to run to give me a feel of where the market overall is.
The parameters of the screen are: Stock Price: over $10, Market Cap: over $300mm, Optionable: Yes, Average Volume: Over 500K
Why must the stock have options traded on it? Firstly because this is an options website, Secondly because I feel you can manage a position better with the ability to buy puts or sell calls to enhance my return.
For November 21st : 31 stocks were hitting a new 52 week high and 10 stocks hit a new 52 week low.
There is a theory of watching new highs versus new lows to determine if the market is getting overbought or over sold, we can get into that another time.
$AEE $BBY $BIDU $CLF $ED $ELP $EXC $INTC $STJ $TE
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.