It was a strong day out of the gate and continued in that mode for the entire session. The SPY TrendX is again bouncing against overhead resistance after a couple of sideways days and SPY is still poised to make a break...one way or the other.
XIV did not participate in the rally today......in early going both the VIX and XIV were in the red.
The emerging markets really caught fire today (EEM and SCHE) and are worth keeping an eye on.
SCHH (REITS) are also worth a look in light of the positive real estate reports today.