The Dow Jones Industrial Average gained 81 points to 13,471, after being down by as many as 8 points in earlier action.  Positive Chinese export data and encouraging comments from the ECB helped investors overlook a disappointing result in weekly jobless claims.

All 10 sectors on the S&P were higher, led by gains in financial stocks including Bank of America Corp (BAC +3.06%). Energy stocks also showed strength including Exxon Mobil Corp (XOM +1.09%). On the earnings front, Nokia Cop (NOK +18.67%) rallied after topping analysts' expectations in the quarter.

Treasuries were lower along the curve with the benchmark 10-year note down 9/32 to yield 1.90% and the 30-year bond off 5/16 of a point to yield 3.08%.

Investors may consider new buying efforts in stocks meeting all key criteria, as the market's (M criteria) confirmed uptrend showed a great expansion in leadership (stocks hitting new 52-week highs) after overcoming recent pressure. Solid gains helped the benchmark S&P 500 Index promptly rebound above its 50-day moving average (DMA) line, and Nasdaq Composite Index and Dow Jones Industrial Average both promptly rebounded above their respective 50 DMA and 200 DMA lines. All of the major averages then blasted above their December highs with additional volume-driven gains.

PICTURED: The S&P 500 Index is currently perched within close striking distance of its 9/14/12 high. Any meaningful rally above the old high might be viewed as a bullish technical signal which would bode well for the broader market outlook.

Financial shares were a positive influence as the Bank Index ($BKX +1.34%) and the Broker/Dealer Index ($XBD +0.70%) posted gains, and the Retail Index ($RLX +0.36%) also edged higher. Defensive groups had a positive bias as the Healthcare Index ($HMO +1.58%) and the Gold & Silver Index ($XAU +2.36%) posted solid gains. The energy group also helped the major averages rise as the Integrated Oil Index ($XOI +1.00%) and the Oil Services Index ($OSX +1.25%) traded higher. The tech sector had a positive bias as the Networking Index ($NWX +1.12%), Semiconductor Index ($SOX +1.33%), and the Internet Index ($IIX +0.43%) posted gains, but the Biotechnology Index ($BTK -0.93%) was clearly a laggard as it lost ground on the mostly positive session.

Charts courtesy www.stockcharts.com

PICTURED: The Healthcare Index ($HMO +1.58%) is consolidating above its 50-day moving average (DMA) line.

Prior articles reminded members that in the Certification they teach a tactic called "pyramiding" that allows investors to let the market action dictate how heavily they position themselves in fresh buy candidates. VRX encountered distributional pressure near the $60-61 area, and it remains below its "max buy" level.  The wedging action of late is not as bullish as a solid burst of volume behind gains into new high territory would be, meanwhile, investors employing the pyramiding technique may have accumulated partial positions.

Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 and '08 earnings (A criteria) has been followed by a strong earnings rebound in recent years. The number of top-rated funds owning its shares rose from 818 in Mar '12 in to 887 in Dec '12, a reassuring trend concerning the I criteria. Its current Up/Down Volume Ratio of 1.6 is also an unbiased indication that its shares have been under accumulation over the past 50 days. Although it is of some concern that the Medical - Ethical Drugs group's Relative Strength rating is weak, there have been a couple of strong performers in the group which offer reassuring signs concerning the L criteria.

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
CELG - NASDAQ Celgene Corp DRUGS - Drug Manufacturers - Major	$95.48	+3.14 3.40%	$95.53	6,497,082 200.34% of 50 DAV 50 DAV is 3,243,100	$93.13 2.52%	12/11/2012	$82.24	PP = $81.34
								MB = $85.41
Most Recent Note - 1/10/2013 12:03:50 PM G - On track for an 8th consecutive gain today, getting very extended from its prior base. Prior highs near $81-82 define initial support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 1/3/2013. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
CFNL - NASDAQ Cardinal Financial Corp BANKING - Regional - Southeast Banks	$16.41	-0.07 -0.42%	$16.53	253,407 116.35% of 50 DAV 50 DAV is 217,800	$16.90 -2.90%	12/3/2012	$15.20	PP = $16.31
								MB = $17.13
Most Recent Note - 1/8/2013 2:33:49 PM Y - Poised for a best-ever close with above average volume behind today's gain, yet still trading below its "max buy" level. Hit a new 52-week high and cleared its pivot point on 1/02/13 with sufficient volume to trigger a proper new (or add-on) technical buy signal. >>> The latest Featured Stock Update with an annotated graph appeared on 12/31/2012. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
CMCSA - NASDAQ Comcast Corp Cl A MEDIA - CATV Systems	$38.50	+0.08 0.21%	$38.76	10,497,754 88.10% of 50 DAV 50 DAV is 11,915,600	$38.58 -0.21%	12/3/2012	$37.08	PP = $38.06
								MB = $39.96
Most Recent Note - 1/8/2013 2:36:18 PM Y - It stalled and has been hovering near its 52-week high since its gain above its pivot point on 1/02/12 had sufficient volume to trigger a technical buy signal. No resistance remains due to overhead supply. >>> The latest Featured Stock Update with an annotated graph appeared on 12/27/2012. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
LULU - NASDAQ Lululemon Athletica MANUFACTURING - Textile Manufacturing	$70.58	-0.46 -0.65%	$71.37	2,057,625 102.70% of 50 DAV 50 DAV is 2,003,600	$81.09 -12.96%	12/26/2012	$73.81	PP = $77.95
								MB = $81.85
Most Recent Note - 1/8/2013 2:41:18 PM G - Holding its ground today near its 50 DMA line and trading -12.1% off its 52-week high. Distributional losses on above average volume raised concerns following a "negative reversal" on 1/02/13. Disciplined investors waited to take any action after it was recently noted - "Subsequent volume-driven gains above its pivot point are still needed to trigger a new technical buy signal." >>> The latest Featured Stock Update with an annotated graph appeared on 12/28/2012. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
MIDD - NASDAQ Middleby Corp MANUFACTURING - Diversified Machinery	$131.49	-0.35 -0.27%	$132.70	25,794 28.85% of 50 DAV 50 DAV is 89,400	$134.51 -2.25%	10/8/2012	$118.46	PP = $122.67
								MB = $128.80
Most Recent Note - 1/8/2013 2:43:21 PM G - Holding its ground stubbornly near its 52-week and all-time highs with recent volume totals below average. Earnings +23% on +18% sales for the Sep '12 quarter, below the +25% minimum earnings guideline (C criteria), raised concerns. >>> The latest Featured Stock Update with an annotated graph appeared on 12/26/2012. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
N - NYSE Netsuite Inc DIVERSIFIED SERVICES - Business/Management Services	$69.88	-0.47 -0.67%	$70.80	184,808 43.40% of 50 DAV 50 DAV is 425,800	$70.58 -0.99%	12/12/2012	$64.75	PP = $67.12
								MB = $70.48
Most Recent Note - 1/9/2013 5:43:06 PM Y - Gains above its pivot point have been marked by below average volume. Disciplined investors know that volume must be at least +40% above average behind gains above the pivot point to trigger a proper technical buy signal. >>> The latest Featured Stock Update with an annotated graph appeared on 1/4/2013. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
NSR - NYSE Neustar Inc TELECOMMUNICATIONS - Diversified Communication Serv	$43.17	+0.28 0.65%	$43.31	497,731 120.40% of 50 DAV 50 DAV is 413,400	$43.90 -1.66%	12/11/2012	$41.85	PP = $41.41
								MB = $43.48
Most Recent Note - 1/8/2013 2:45:22 PM Y - Quietly consolidating just below its "max buy" level and its color code is changed to yellow. Subsequent deterioration below its old high close ($41.05 on 10/05/12) could negate its recent breakout, a worrisome sign. >>> The latest Featured Stock Update with an annotated graph appeared on 1/2/2013. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
RAX - NYSE Rackspace Hosting Inc INTERNET - Internet Software and; Services	$77.78	+0.03 0.04%	$78.36	1,198,600 83.20% of 50 DAV 50 DAV is 1,440,700	$78.22 -0.56%	12/18/2012	$71.88	PP = $70.10
								MB = $73.61
Most Recent Note - 1/8/2013 2:46:54 PM G - Inching to another new all-time high with today's gain lacking great volume conviction. Getting extended from its prior base, meanwhile prior highs in the $70 area define initial support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 1/8/2013. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
RNF - NYSE Rentech Nitrogen Ptnr Lp CHEMICALS - Agricultural Chemicals	$46.13	+1.74 3.92%	$46.22	595,037 191.58% of 50 DAV 50 DAV is 310,600	$44.73 3.12%	11/1/2012	$39.11	PP = $40.15
								MB = $42.16
Most Recent Note - 1/10/2013 12:46:23 PM G - Getting more extended from a sound base after gapping up today while on track for a 9th consecutive gain. Prior highs in the $40 area define initial support to watch on pullbacks. See latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 1/9/2013. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$63.91	+0.09 0.14%	$64.12	1,279,175 81.84% of 50 DAV 50 DAV is 1,563,100	$63.92 -0.02%	12/20/2012	$60.24	PP = $61.21
								MB = $64.27
Most Recent Note - 1/9/2013 8:27:07 PM Y - Rallied further above its pivot point to another new 52-week high today , however volume thus far is below the +40% above average volume guideline which is the bare minimum threshold needed to trigger a proper technical buy signal. Disciplined investors may use a tactic called "pyramiding" to allow market action to dictate their positioning. >>> The latest Featured Stock Update with an annotated graph appeared on 1/10/2013. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy