The Screened Stock Ratio dropped deeper into the negative than it was on Thursday, at -0.29 favoring selling, the estimate of market jumps right back to high. This puts us back into "lite mode."
The potential breakouts to watch: GDW, GPT, JCI, KFT, NFB, NUS, PETM, RTN, SO and UDR, alert these 20 cents above yesterdays high. Seven stocks screened out as potential shorts: CGNX, IPG, MSFT, PNX, RMD, ROIA, and XL.
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