CLOSING PRETTY

A nice day in the markets as the DJIA closed +417, NAZ +86 and 47 on the SPX. The RUT the biggest winner +4.6%.

Strongest sectors- china, banks, brokers, real estate, reits, emerging markets, homies, oils, small caps and trannies while biotechs, drugs, semis, defense and airlines were up but lagged.

Key stocks- all finished green with biggest moves in ICE MTW MS POT CME C NYX BIDU RIMM and BAC- laggards- LVS MO MCD VMW KO PG;

NYSE- 5/1 winners to losers;

NAZ- 3/1 winners to losers;

NDX -95 GREEN;

OEX- 95 GREEN;

IBD 100- 93 GREEN;

VIX- down almost 10% to 26.58;

TRIN- .54;

90% of the 2B shares traded was to the green and that is a bullish signal;

Technically, DJIA 12k and SPX 1,300, initial resistance was child's play for the bulls with the next level of 1,315 also in the rear view mirror for now. Next area- 1,340- 23.6 FIB level and also the 50 SMA as of today.

So after this huge day- markets for the year are as follows:

SPX -10%

DJIA -8.3%

NAZ -15%

MID -10%

RUT -12%

RSI (2) levels:

SPX 74

DJIA 74

NAZ 74

RUT 72

MID 66

What a difference a day makes- and how bout the great stuff from Liz Ann.