EK, MMM, PG, and even JNJ should have gone through, and at least made new recovery highs or yearly highs. <<<
Zeev, i think we are still in a sector rotation market, they bid up sectors to overvalued and sell-off other sectors,
I think those stocks you posted there may be somewhat done, but some of the beet up (a beet is related to a turnip in the vegetable kingdom, and some stock traders become vegetables =g=) stocks are ready for a rally.
mcd, dis, ge, msft, intc, are a few of the dow beet stocks that look like they could rally, while some of the others that have been doing the heavy lifting take a rest.
The paucity of new 52 highs on the nyse is because there was a plethora of new 52 week new highs in march, those small caps and other contra-trenders that fought the big caps bear market of the last two years have given up the ghost.
everything that is moving hard now, is a former beet (remember this is a turnip relative =g=)
will the beets beat the turnips and seize the day, it could be a short story, some hope for a best selling cabbage patch novella -g-