Wednesday’s action caught some by surprise and perhaps a bit of short covering ensued as a result.  I track the $SPX in many areas and one metric is new daily highs. Here are the names of the components that printed a new daily high Wednesday. Some of the names below have decent looking charts.

• Ameren Corp ($AEE)
• CMS Energy Corp ($CMS)
• CenterPoint Energy Inc ($CNP)
• Chubb Corp ($CB)
• Health Care REIT Inc ($HCN)
• McDonald’s Corp ($MCD)
• NiSource Inc ($NI)
• Northeast Utilities ($NU)
• PG&E Corp ($PCG)
• Pepco Holdings Inc ($POM)
• Pinnacle West Capital Corp ($PNW)
• Progress Energy Inc ($PGN)
• Qwest Communications International Inc ($Q)
• Red Hat Inc ($RHT)
• Salesforce.com Inc ($CRM)
• Wisconsin Energy Corp ($WEC)