Much Ado
This will be a relatively short post, simply because there's just not a heck of a lot going on the markets. Tons of stocks have basically "straight up" type patterns, and as great as that is for owners of those stocks, it doesn't make a lot of fodder for discussing trend changes or breakdowns.
I mentioned Carnival recently, and this one is behaving as expecting. Look at how "obedient" it was with respect to its trendline.
Capital One has been confounding me for a while, but this has pushed up high enough that it could represent both a press against resistance as well as a double top. Good short possibility.
Hansen (HANS) is fascinating to me since it's clinging to its Fib fan line like there's no tomorrow. I am not taking any position on this, but when it breaks away from this line, the move is going to be fast.
NVR is relatively thinly traded, but past history seems to suggest it obeys its Fib retracements really well, so this might be a good short-term bearish play.
Do a search for "BankRate" in this blog, and you'll see I've mentioned it as a bullish play on many past occasions. It took another big leg up today on handsome volume.