The bulls continue to be in control this morning as equity markets open higher - following the lead from Asia and Europe.
Strongest sectors- gaming, nat gas, silver, banks, energy and metals while retail, internets, drugs, biotech and real estate lag.
NYSE- 1300 net green;
NAZ- 800 net green;
NDX- 61 GREEN;
SPX- 385 GREEN;
VIX- higher by 1% at 25.3;
TRIN- .37 with up volume 10x the down.
For now- folks want equities - and markets are over bought with RSI readings over 95 on the SPX and the major market indexes.
No great insight except keep buying the dips until it doesn't work.