MIDDAY LUNCH

Dow 11122.42  +102.02, Nasdaq 2442.86  +24.94,S&P 1180.09  +10.32 

With the gains today the markets have been able to reach new multi-month highs.  All ten sectors are trading higher today led by Transportation up +2.48% and Basic Materials up +2.03%.

Railroad stocks are posting nice gains today after CSX Corp (CSX) 59.55 +2.29, +4.00% posted better than expected earnings.  Other rails posting nice gains today include Canadian National Railway (CNI) 67.15, +2.06, +3.18% and Norfolk Southern (NSC) 62.19 +2.46, +4.12% and Union Pacific  (UNP) 86.77 +3.31, +3.97%.

In technology Apple (AAPL) 301.19 +2.65, +0.89% hit another all-time high today.

Google (GOOG) 545.42 +4.03, +0.74% shares are higher today ahead of their earnings report which it due to be released tomorrow after the market close.  Analysts’ estimates are for the company to report earnings of $6.69 versus year ago earnings of $5.89.