MORNING JIG

Markets are higher on the heels of the oversold condition from yesterday, a "better than expected" jobs number and a hope that the recovery package gets passed this afternoon.

Strong sectors- ags, metals, energy, trannies and semis while gaming, retail, real estate, drugs and tech lags.

NYSE- 1540 net winners;

NAZ- 1000 net winners;

NDX/OEX- 85 WINNERS on each;

VIX- down a mere 5% at 43;

Up volume 4X the down;

Energy is having a nice bounce and a long in DIG maybe a good play while the financials are green they aren't doing as well as one would expect with C JPM USB all red.

Markets are solidly green but just feels like its not going to last that long.