With almost 80% of Nasdaq 100 stocks having their daily 10.4 stochastic above 80, I expect short term weakness. However, during market weakness, the new leaders are easier to spot. These 11 stocks have been on IBD or MarketSmith lists and hit all-time highs this month. Some of them may turn out to be market leaders if the general market trend turns up.
This monthly chart shows that EVTC had a recent green line break-out (GLB, see glossary).
