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Pullback Needed To Rebuild Momentum

On Thursday, major indexes posted gains on average volume. Numerous earnings are to be released over the next 2 weeks adding volatility to market action. Numerous leading stocks remain in the extended territory and need to digest gains. Focus on stocks meeting the CRITERIA - do NOT chase extended stocks.....

This morning, futures are displaying a MIXED opening.

Climate is
- UPTREND 

Focus on stocks meeting CRITERIA:
http://www.selectivechartists.com/analysis/stock-report/selective-chartists-criteria

(Top candidates poised for higher levels near-term).
In general, BUY within 5% of Pivot, stop-loss 7% below buy price

Cerner (CERN)
Alexion (ALXN)
Goldman Sachs (GS)
Qualcomm (QCOM)
Intel (INTC)

View Charts:
http://stockcharts.com/public/1234064



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