INTERSTING NEW HIGHS
Monro Muffler Brake (MNRO) - Even though the “Cash for Clunkers” program helped new car sales rebound, it is apparent many drivers are willing to continue commuting with their current vehicle and have opted to take it to Monro for its auto repairs. The stock is breaking above a triple-top today and hitting a new ALL-TIME HIGH on decent volume. If MNRO can hold above $29 for a few days the breakout is confirmed and a buy signal is right around the corner.
Blue Nile (NILE) - Online jewelry store thriving during a recession? Hmmmm. I don’t see it and that is why I unfortunately do not own NILE. The stock was last up 6% today and is up 140% for 2009 and sitting at a fresh 52-WEEK HIGH. I guess if you are buying jewelry it is easier, more convenient, and cheaper online. I am new the diamond district in NY most days and I refuse to deal with the salespeople in the stores, it is just as bad as buying a used car. Good for NILE and its shareholders. Technically a pullback to the $55 area for a entry point.
SPDR S&P Semiconductor ETF (XSD) - The semiconductor stocks continue to lead the move higher in the technology sector. The XSD is a basket of stocks that is up 77% year-to-date and is sitting at a 52-WEEK HIGH. One of the best ways to play the next way in technology without picking an individual stock is through the semiconductor ETFs; look for a pullback to the $40 area to buy XSD. | 
