Stocks on Wednesday wiped out most of the prior day's gains after a glum report on the U.S. regional economies triggered broad selling in the last two hours of trade. Volume, however, was mixed.
For what looks to be a confirmed rally now in its second week, the number of stocks breaking out to new highs is still disappointing. The new highs list still lacks beef.
I'll be pointing out stocks that break out...we would like to see that number increase in the coming weeks.
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