MERGER MONDAY

Believe it or not, markets are set to open higher on the heels of BAE Systems for AH, AA for AL, a rumor of BHP for RIO and who knows what else may be merged/taken over.

Gapping up - AL ZVUE STEM DNDN ERS GSS MRVL TASR BRLC AH NOVL ACH CEGE and gapping down are HANS STTS IIG TS JNJ MDII GROW CCOI.

Checking the math, the SPX/DJIA big cap indexes are all sitting at/near their recent highs with 2 day RSI readings in the mid 90's. Surprisingly, the Volatility indexes refuse to show complacency as they trade middle of the road near their 10 day SMA's.