Quick Mid-Day Update

Just a quick midday update.

The bulls were definitely encouraged by yesterday action and more than a few traders are getting squeezed in this lift taking a few oversold sectors with them. Areas showing leadership in today's move are precious metals, oil & gas, trucking, chemicals, farm machinery, financials, and drugs. Sectors being left behind are leisure products, retail, and hospitals.

When you have time you may want to take a look at the following movers: SPRT, SYNT, INPH, HOKU, JADE, FTGX, SIX, RAD, ASIA, SONS, TRA, BHIP, EVOL, and BLK.