RIPPING AGAIN

This will be the only post of the day as I have some personal business for the day.

Apparently, the CPI numbers have come in bullish with Futures flying higher on the news with the DJIA Futures now trading +40, NDX Futures +21 and the SP Futures +6.

The 10 year Bond is also ripping on the news with the interest rate down 5 basis points to 4.54%.

The only thing I can offer is that markets are way extended and if you want to buy today, wait, as I suspect the opening buyers will get fleeced and the gap up will likely get at least half filled.

One other thing, LVLT, one of the three Jimmy Cramer speculative stock favorites is +9.8% since he recommended it back on October 27 while ARNA is down 12.1% and Q is down 11.3%, so hopefully LVLT was the only one anyone purchased. No doubt it will be the only one that gets mentioned.