I suppose that I should be happy and bullish. US equities staged a significant upside breakout last week, indicating positive price momentum.

Mid and small cap stocks have staged upside breakouts some time ago to all-time highs, which is a bullish confirmation of the trend.

As for the current Earnings Season, Bespoke reports that preliminary indications show that the beat rate is consistent with the historical average.

Buy the breakout?
My inner trader has turned more bullish … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards