Markets have a way of fooling the weak holders, 1.5% gains on the U.S. avgs

IWM up 2.22%, QQQQ up 1.93%, SPX up 1.72%, DIA up 1.59%

NYSE Breadth was 24 issues up for every 6 down. 450 issues reached new 50-day highs.

Brokerages led by OPY up .74 to 32.84.

Cigarettes led by PM up .75 to 63.67.

Commodities led by Coffee up 2.14 to 73.54, Cocoa up 1.12 to 53.53.

Consumer Products led by CHD up 1.66 to 76.17.

Drugs led by NVO up 3.32 to 127.89.

Industrial Goods led by BWC up .25 to 34.68.

Medical Appliances led by MTD up 4.98 to 175.54, COV up 1.58 to 53.01, STJ up 1 to 49.37, SYK up 1.50 to 64.56.

Nasdaq Big-Cappers led by PCLN up 15.61 to 464.79, AAPL up 7.44 to 359.56.

Oil led by MRO up 1.73 to 52.66, COP up 1.30 to 79.55.

Railroads led by RA up .36 to 15.70.