Copper: No bullish breakout yet. Big test at 2.74 2.75 coming.
Baltic Dry In.: Faltering now. Threatening break of support.
UPS/FDX: Still improving, but neither is leading market higher.
ADP/PAYX: Same as UPS / FDX better, but not leading.
FAANG: Only AAPL is leading things higher; all other FAANG stocks are laggy. Is it considered a portfolio if you just owned AAPL and MSFT? Thats what it takes to outperform the indices.
EEM: Bullish!!! Expecting run to $45 - $47 here.
INTU / CRM: CRM rips higher suddenly- resistance 161 162.
INTU still looks headed lower towards 235.
HYG / LQD sprd: Weakness in HY last wk. Bears watching.
OVERALL: Very narrow leadership. AAPL, MSFT and index ETFs seem to be the way to go for longs.