Still strong, but a little more mixed than yesterday:
- A few stocks flew 5-10% on high vol (KepLand, SIA Eng).
- Many others faltered the second half of the day (Amara), so we get a few black candles. On high vol too, but usually slightly lower then yesterday's breakout.
- 162 stocks above 20c making new highs, comparable to the peaks of the March and Oct bull mkts. Approaching short-term overbought levels.
- 8/20 stocks in the top vol list below 20c. Still OK.
Michael Kitces and I cover everything
2 hours ago