MIDDAY LUNCH

Dow 9884.55  +140.93, Nasdaq 2121.43  +27.55, S&P 1043.34  +15.28 

The market gains have been broad based today, but stocks are off their high for the day and the strength in the market has helped reduce volatility, the VIX is down -7%.

Today’s market leaders are Conglomerates +1.96%, Basic Materials +1.83% and Technology +1.70%.  Tech holdings performing well today include: Cisco Systems (CSCO) 21.93 +0.59, +2.76%, Xilinx (XLNX) 26.21 +0.82%, +3.23%, and Microchip Tech (MCHP) 28.73 +0.85, +3.05%.

Commodity prices are higher with the CRB Index at 257.51 +4.01, +1.60%.  Gold is trading at 1,198.20 an ounce up +3.10 and Oil is at 73.75 +1.77.