I am keeping it short on the intro. I shared a chart on Marketfy by email that you should have seen. If not, here it is:

This chart is a little cautious to me, but nothing that makes me want to get too negative. I wouldn't be surprised to see some back-filling. The upside is becoming limited, and I do expect some selling in Q4. After a lot of frustration waiting for the big pullback that finally hit in June, I am in no hurry to fade the market for now.
Looking at stocks on the watchlist (
Download Watchlist092013 ), the only stock to move by 10% or more was OUTR, which was crushed following a big pre-announcement. It's -1.93 on the price momentum indicator. CAG is -2.68. Others between -1 and -2 include ISRG, TITN, MW, FL, ANV, NEM, INT and SWI. On the "prospects", CTRX, AEO, BJRI and URBN look interesting and moderately oversold.
72 stocks closed above the 10dma, which is no out of balance given the rallying market. The black 1s still number 14, which is too high.
As far as stocks offering 35% or more, it's the same list: ANV, URI and OUTR. I actually raised my target on URI slightly and really like it. I have been hoping to see some strength out of TITN to trade - not happening. On OUTR, I cut the target A LOT. It's now 12PE, and this is 65. My confidence level isn't that great, so I will watch it now (42.50-45 looks like the buy zone). I made a series of small target adjustments across my watchlist as well.
Looking at the holdings in the models (
Download Positionwatch092013 ), again, I made some marginal changes in targets. We have PBI pretty overbought, and, while I like the story long-term, I am removing it from Top 20.