Nazzy Rebound

Dow: +114.88…
Nasdaq: +173.09… S&P: +23.78…

The S&P advanced 0.7% today in a session that included renewed strength in the mega-cap stocks and continued weakness in the U.S. dollar. The Nasdaq (+1.7%) and Russell 2000 (+1.2%) rose more than 1.0%, while the Dow increased just 0.4%. 

The Nazzy was especially powerful led by Taiwan Semiconductor. TSM was +14% on a deal with INTC.

As a result, the semis (SMH) popped  4.4% and closed the day at all-time highs.

Gold and silver continued to go ballistic today. Its definitely ahead of itself at this point.

Short post tonight. See you in the morning.

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