Fri bef Martin Luther King Day = 3/4% gains on the averages matching historical precedents

For once the Stock Trader's Almanac was accurate although those with positions in coal got a rude awakening.

Agriculture chemicals touched new highs with 2% gains in MOS & CF. POT gained 1%.

Asset Managers (TROW, BEN) up 1.6% as the Nasdaq and S&P 500 hits new highs.

OIH up 2.4% to another new high. EOG up 2.7% to close at $100.58.

Casinos at new highs. MGM up 2.8%. After being down three straight days, WYNN closes at a new 52-week high at 119.50 on a 1.8% gain.

Coal was the big loser as RBC came up and lowered their ratings on the sector. Only PCX is still up in 2011 even down 8.6%. The entire sector gave up the past nine days of gains and more, ANR down 7.4%, WLT down 6.3%. Although JOYG rose 1.6% to a 52 week high.

HMO's at another new high. AGP up 4.5%, AET up 3.3%, UNH up 2.9%, and WLP up 2.8%.

Semiconductors the top sector as the street liked INTC's outlook. While INTC did poorly, every other component did well. CAVM up 3.2%, MCHP up 2.8%, XLNX up 2.5%

Big cap tech still rising slowly. AAPL up .8%, AMZN up 1.6%.