After back and forth action this morning the bulls took charge and bounced the market up into positive territory. Finishing off the highs of the day the bulls sent equities to higher ground after the clam gave his testimony to congress.
The markets most certainly believe QE3 is coming despite no clear indications from the clam.
Gold and silver sold off a bit while healthcare, energy, services, and utilities lead the rally.
DOW UP 77
NASDAQ UP 13
S&P UP 10
WTI up $0.54
[youtube://http://www.youtube.com/watch?v=Cw6pQUa0yS8 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter