The market has now been bouncing between support and resistance for over a month.  By anyone's measure, that's a long time.  However, given the recent flirtation -- again!  -- with support, and the holiday fast approaching, a Santa Claus rally is definitely in order.  Of course, the rally might take the market only back to resistance, but it's a start.

As for last week's picks, not too bad.  Winners outnumbered losers, with NX, JLL, IEO, CLNE, PAC, PZZA, and WIT on the plus side.  Losers were TSU and SSRT, with FDX little changed.  As for CCO, I guess it depended where you had your stop.  A tight stop netted a loser.  A bit looser stop netted a big winner.