On Thursday, stocks resumed the advance. Recent pullbacks have been shallow suggesting higher levels still lie ahead.
Numerous recent leading stocks appear extended. However, new candidates close to / meeting the CRITERIA are becoming present.
This morning, futures are pointing to a HIGHER opening.
Focus is on stocks close to / meeting the CRITERIA:
Selective Chartists Positions (with BUY price): 3 (subscribers only)
Ace Ltd.) (ACE)
Lam Research (LRCX)
JC Penney (JCP)
Peabody Energy (BTU)
ETFs: IWM, QQQQ, XLI, XLY, XLB, SPY, IVV, IWM, XLF