Evidence remains bullish

The bulk of the medium-term evidence remains bullish for stocks. Commentary featuring some of these indicators can be found in the Market Message later today.

There is a brief run down of the 12 indicator groups after the jump. Updated breadth charts can be found on the breadth charts page. -Net New Highs expanded in December-January
-Nasdaq AD Line is lagging, but NYSE AD Line hit a new high this week
-The Nasdaq and NYSE AD Volume Lines hit new highs this week
-Both McClellan Oscillators surged above +50 in late December
-All Bullish Percent Indices are above 50%
-Volatility is low as $VIX and $VXN hit new lows in January
-DIA, IWM, QQQQ and SPY hit new reaction highs this year0
-XLY, XLI and XLK hit new reaction highs this year
-XLF surged over the last four days
-Small-caps are leading large-caps
-The Nasdaq is leading the NY Composite
-Bonds are falling and interest rates are rising