9:00am (EST)

Wall Street got its wish.

The bulls had a monster day following news, rumors, and promises of the ECB (European Central Bank) doing “something” if things got “worse” in Europe when in fact they did nothing.  Meanwhile here at home, hopes of the Fed providing a stimulus package provided a one-two punch the bears never recovered from.

Yesterday’s rally was the biggest of the year for the blue-chips as the bulls were able to clear the first wave of resistance. (continued…)

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