September E-mini S&Ps (ESU14 +0.29%) this morning are up +0.28% at a record high on optimism over the U.S. economic outlook and European stocks are up +0.32%.

The average large cap score is 56.92 this week, below the four week moving average score of 60.90. The average large cap is trading -11.22% below its 52 week high, 2.49% above its 200 dma, has 3.93 days to cover short, and is expected to grow earnings by 14.06% next year.

There's an old French proverb that says: Achetez aux canons, vendez aux clarions. That's "buy on the cannons, sell on the trumpets."