NEW YORK ( TheStreet) -- When you look at momentum stocks -- stocks that continue higher even though they may be overvalued fundamentally and overbought technically -- Chipotle Mexican Grill ( CMG) has been the leader since Oct. 1 gaining 26.3% since then. Priceline.com ( PCLN) is right behind and set an all-time high yesterday.Meanwhile, Tesla Motors ( TSLA) -- the biggest gainer over the last 12 months up 338.7% -- is down 28.1% since Oct. 1 as the stock's weekly chart profile shifted to negative at the end of October. On Oct. 2, I wrote Apple, Google Lag Momentum Stocks and since then Apple ( AAPL) gained 6.7% but in the process was downgraded to hold from buy according to www.ValuEngine.com. After Google ( GOOG) reported its third quarter results the stock regained its momentum and beat Apple to the $1,000 a share price threshold. On Oct. 28, I wrote A Closer Look at Apple, Google and 5 Really Big Stocks Over $200 when I added Chipotle and Priceline.com to my list of momentum stocks. On Wednesday three of the five major equity averages set new intra-day all-time highs. Dow Industrial Average reached 15,822.98 and became overbought on its weekly chart and is 2.2% from its monthly risky level at 16,162 and 4.2% from its semiannual risky level at 16,490 and is up 20.7% year to date. The S&P 500 made it to 1782.00 just 1.2% from its monthly risky level at 1802.00 and 4.1% from its quarterly risky level at 1853.80 and is up 24.8% year to date. Dow transports reached 7,143.31 and is just 0.9% from its quarterly risky level at 7205 and is the year to date leader up 34.6%.