Stocks Up Sharply; Holly, Lululemon Break Out

The major indexes charged to session highs at midday Tuesday, as volume remained higher across the board. The Nasdaq composite was up 1.9%, the NYSE composite 1.5% and the S&P 500 1.3%. Turnover was up sharply from Monday's levels on both major exchanges. Some top-rated stocks appeared to be staging breakouts. Holly (HOC) gained 4% in fast trade, clearing an 11-week second-stage base. The stock had formed a handle and cleared that level last