I was away in Palm Springs over the weekend and so have been quiet. I continue to be impressed about how well the IBD Market School timing model navigates new trends and takes you out of the market near the top. We started with a +1 count (30% invested) on December 20th and built up to 90% in by January 3 close and 100% invested long by January 6. We have remained at all-in now for 10 straight trading days. All of my positions are up: KORS, MNST, TDG, SWI and GLD.

I was glad to see Jerry build a new leaders index. This one should be much better set up to catch a breakdown in leadership in case that occurs. Right now we have zero distribution in the 25-day back look count on the NASDAQ. TDG broke out today on substantial volume. I own it from the pocket pivot buy point on Thursday. CXO, STMP, HIBB, ULTA and LULU showed pocket pivot buy points today. MNST has shown five pocket pivots in the last six trading days.

Leading stock breakdowns GOOG, QCOR and ISRG however are telling a different story.