The markets are continuing their rally today with optimism across the board. This is the second strong rally in three days after the major cycle turn date was given out. Financial stocks have been leading the charge with Goldman Sachs and Bank of America putting in their lows after their negative earnigns, then bouncing up. This is a significant signal that the banks have put in a short term bottom. Positive news out of Europe is helping the Euro rally. This in turn is dropping the Dollar and adding to the upside on the markets. With the weak Dollar, commodity plays like Chevron and Exxon are spiking. The small cap featured in the video is MOTR. This looks to be the next blast off play in small cap land.
