Fresh Breakouts??


I look at both fundamental and technical information when it comes to the market.  Even though you can make the argument lately that the fundamentals are still sluggish, the markets continue in their uptrend.

In fact, from a technical perspective, the markets are bumping up against and in the case of the Russell 2000, breaking through or above, long term trend lines.  If the other indices (shown below) break out as well, it would be a very positive sign for the long term trend of the markets.