Here we go again - markets ripping higher as the European gang decides that they should save themselves- after all their banks own lots of the Greek debt - so not much of a choice.
SPX +48, NAZ +103 and the DJIA +414-
Best acting sectors include gaming, homies, emerging markets, reits and banks while gold, bonds, drugs, energy service, biotech and consumers lag.
NYSE- 3020 winners with 126 losers;
NAZ- 2436 up and 290 down;
NDX 98 GREEN;
VIX- down 30% at 28.6 and still above the SMA 10;
UP volume about 26x the down on the NYSE;
TRIN surprisingly at .9;
Looking for a burst higher into late afternoon - so a close at/near the highs.
Buying some EPD as I agree with this fellow.