___________________
Many stocks have had a nice run over the past several sessions. As an example, CGNX had a great run off of short-term oversold conditions last week. At this point, though, it is too far extended from a proper buy point. Thus, as is the case with many issues today, it is probably best to let them rest a bit before chomping at the bit to get involved again.
One area that continues to impress is the real estate sector, namely the REITs. Once again, though, they have moved up several consecutive sessions in a straight line and are tough to chase here. However, on the slightest bit of consolidation, they look very well set up for a continued breakout.
___________________
___________________
