The Return of Confidence

Confidence is not only returning among consumers, but investors as well. The bulls are doing a good job of keeping the pressure on.

Leading us the way higher include strength in capital goods, machinery, basic materials, retail, and the transports. A bounce in energy is also underway while there is a bit of pressure in selective areas of technology and healthcare. As you can see from the list of 10-day highs, you can see where the stock-specific action is out there: