Leadership stocks are singing 45 minutes into the market here today, but I'm taking some off the table as volume on these moves is very strangely absent. I think we have a lack of sellers today more than any real buying.
Anyway, still bullish, but no reason not to take some off so I can reload appropriately later.
Out all FWLT 163.70 (no volume on brkout); Cut ONXX (56.50 and 57.50!); Cut JASO (58.50 and 61.25!); Cut YGE on B-of-AM upgrade (31.12! ave.); Cut new half of HOLX 64.18;
Huge move in some of those names, so I'm not complaining...just draining.
[Cut = trimmed here, FYI - Out = all gone for now]
Still holding ANF, GILD, GENZ, LOGI, MICC, MR, TNH and reduced HOLX, JASO, ONXX and YGE, so it's not like I've gone lawn bowling.
[Edit: Now out of 40% of MR at 40.38 ave. a little more than an hour into session]