Futures Pointing to a Higher Open...

1:45 pm ET - Financial and Basic Material stocks are on the move...XLF, XLB, UYG, FAS, SCHN, RF, ZION, BAC, WFC...the financial sector has been in a consolidation pattern for three weeks...today we are seeing a support bounce in many stocks and XLF is nearing a horizontal breakout... 10:06 am ET - after a moderate open, futures have really accelerated to the up side...in addition to our AT the Open on Monday stocks which mostly have started the week strong, here are a couple more stocks I see in my lists doing well...one is an open positions in our Model Portfolio... (click image to enlarge) BMO - ES +4 and NQ +9 futures are trading moderately higher pointing to a higher open. At the Open on Monday SPY – white spinning top SCHN – white candle after horizontal breakout KOL – large white candle horizontal breakout MEE – large white candle post earnings SNDA – large white candle bounce off 20 DMA ADBE – spinning top at 200 DMA EBAY –white candle in pennant SHLD – black candle above 200 DMA ISRG – doji DHR – white spinning top DE – white candle at 200 DMA RIMM – white candle horizontal breakout SPG – black candle pull back after earnings QLD – white spinning top FAS – black spinning top