MORE BAM

A wonderful day on the street as BAM OILS REAL ESTATE BROKERS GAMING SILVERS and AUSSIE stocks all act great.

The RUT/MID stocks continue to out perform the big caps but all are doing well.

Strongest sectors include gaming, silvers, airlines, real estate, small cap growth, metals, defense, trannies, brokers and biotechs while drugs, software and banks lag.

Key stocks generally higher led up by BAM FLA DEL MA AIB GGS LM MER MS ICE BOT ISE CME AH GILD MGM WYNN and LVS. Lower to mixed are GOOG PG NYX and WFC.

Market internals continue to trade super bullish with the NYSE +1,680 and the NAZ +1,200.

The OEX/NDX both about 8.5/1.5 up to down while the SPX is a bit better than 4/1 up to down.

The IBD 100 group also trades well with 80/20 the green to red.

Big IBD winners include BWLD DWSN UCTT HURN WFR VIP SYNL CF OMCL ICE SNHY and WBD. Losers- HWCC ROCM GMR CYNO GROW PTNR DRQ and EOC.

The DJIA also with great internals as 27 DJIA stocks trade higher led by GM VZ DD HON AXP and INTC. The 3 dogs are IBM PG and JNJ.

Volatility indexes are lower but hardly crushed as they trade in the mid to high 12 range.

I own YM/ES futures and plan to hold for the new highs SPX break out highs maybe some time next week. It seems to be a high probability trade. Just go back and looks what happened when the DJIA started making new all time highs at the 11,700 level.