Two weeks ago I featured the NYSE McClellan Oscillator ($NYMO) and the Nasdaq McClellan Oscillator ($NAMO) as they surged to their highest levels in years. These breadth indicators are very broad and represent virtually all stocks traded in the US. Big moves in both breadth indicators signaled a bullish breadth thrust. Today, I am turning my attention to new highs for the NYSE and Nasdaq to see if strength is broadening. If you are looking for leaders, look no further than the new high list. Stocks hitting 52-week highs are in obvious uptrends and clearly leading the market.