Daily Stock Picks: NVTL, PALM, SXE, APOL, IOC

The market continues in the very narrow trading range, but the news about the potential establishment of a "bad bank" is going to have people buying the rumor tomorrow and with that markets will likely trade up to the upper end of the triangle pattern. The devil is always in the details and there will likely be selling pressure on the news even if the details are all good. The real question will be what happens when we do reach that upper resistance of the triangle, provided we get there.

Rank	Previous Rank	Symbol	MLT+Swing	Days in Top 5
#1	(#1 --)	NVTL	0.89	10
#2	(#2 --)	PALM	0.80	3
#3	(#3 ---)	SXE	0.73	10
#4	(#5 +1)	APOL	0.65	10
#5	(#4 -1)	IOC	0.63	5

A market rally will not be sustainable until the financial sector is stabilized and there trust begins to restore itself. Market physiology is a strange thing however, and that trust could be restored quickly and with little fan fair. If the market rally does continue through the rest of the week the sector ranks are going to be very interesting to behold.