We've seen a great snap back rally over the last few days to a week that has held nicely. This market appears to have priced in all of the bad news and any piece of good news is going to create a short squeeze and related buying frenzy. Institutional investors don't want to miss the upside this market seems to be presenting.

As we've been indicated in our real time news service, this appears to be a good time buy and hold those stocks that have solid fundamentals and have sold off with the broad market over the last few months. 

The slight weakness overnight as measured by the Nasdaq 100 Trust Q's (QQQQ) in the case of the Nasdaq and tech stocks indicates investors are not yet willing to take profits after recent gains. A very good sign for near and long term investors. Any pending sell-off is likely to be indicated in the after hours or pre-market. So far so good.