Energetic Moves Behind These Names in a Sluggish Tape

In an otherwise lazy summer open, the global materials miners continue to flash signs of acting better even as the U.S. Dollar is attempting a minor relief rally from oversold conditions. 

Note that BHP Billiton, the global monstrosity of a miner out of Australia, with a $105-plus billion market cap, has been acting wonderfully to little fanfare for nearly two months now.

On the BHP daily chart, below, we can see another bull flag breakout attempt this morning to reinforce the prior uptrend. We have other materials miners on watch for Members to see if they can follow suit, as well. 

But this is certainly a part of the market to watch closely as the indices are a bit sluggish as we speak. 

Elsewhere, HZNP was an earnings winner this morning. But much like FIT GPRO, and a few other broken charts which rallied this earnings season, one gap up after a report will not change the overall trends--They have plenty of work ahead of them this year to do that.