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AMGN-Sitting for 6 weeks as 50 day catches up. On the 21 day right now.

AAPL- Mostly sitting for 3 weeks…edges into new high…iphone 5 soon.

AMZN- Continues to move higher on product announcements.

ALXN- Edging into new highs on no volume.

BIIB- Breaks out of flat base with some volume.

CRUS-Very strong and extended…lots of insider selling showing up.

EQIX- Moves above 200 and then below…may need rest.

EXPE- Still holding 50 day this past week…worried about TRIP and PCLN action in same group.

EBAY- Continues to drift higher.

GOOG- Shows continued strength.

HD- Sitting very tight past 3 weeks. Tried to edge out…pulled back in.

HAIN-Edged out of short stroke pattern.

KORS- No issues so far but no new entry.

MLNX- Slammed on downgrade Friday. Hopefully sets up and gives a chance.

PETM- Another sitting very tight..

ROST- Back on 50 day…a little worried about late stage.

SHW- No issues…no entry..

SWI- Moved out of tight pattern.

TJX- Just sitting here.

UA- Edges into new high.

V- Sitting tight just above 50 day.

WFM- Still fine but have to think about TFM now.

 

I am adding ULTA to this list…and think you can take a small probe here off breakaway gap.

 

Also, LULU may go back on…big move Friday.

 

Everything service owns doing fine…but definitely watching the ROST and TJX…as they have had a big move. Recent adds like AMZN,REGN,TSCO really working. KORS also doing well but they announced ANOTHER secondary after the close Friday and was down about $2. Not happy about this.

 

Lastly, a few major indices broke out. I dont have a problem with you being in the SPY,QQQ as long as they don’t tuck their head back in. There was also a good move in the financials as they broke out. Will also continue to look for re-entry on Gold and Silver as I sold service too soon. The FED meets this week with the bet being more printing of money…probably in the $500 billion- $1 trillion.