STOCK PICKERS MARKET

For those wondering why there portfolio has not kept up with the DJIA, please be advised that as the BIG 30 hit new all time highs, the only stock at a new all time high in the index is JPM. The only stock in the DJIA that is making a new 52 week high today, again JPM. This news all according to Scott Reamer at minyanville.com.

Now, of course one could own the DJIA through DIA and not have to worry about all this nonsense, but that wouldn't be any fun and don't forget, ITS A STOCKPICKER'S MARKET.

Also, for today, note the market internals are hardly bullish with 500 more winners than losers. So on top of it being a stock pickers market, the rally is very limited and narrow, for today anyway.