Most Leaders Still Rising, But Some Breakouts Fade
The bulk of leaders on Your Weekly Review this week continued pressing to fresh highs. Stocks such as Inergy Holdings (NRGP) and Estee Lauder (EL) continued their steady uptrends. Others, including Deckers Outdoor (DECK), Steven Madden (SHOO) and Cheesecake Factory (CAKE), followed through on recent breakouts. Some of those moved in heavy volume, others in light trade. The overall action showed leaders in support of the market's ongoing uptrend.