The nice bullish reaction from the day is carrying over into the after hour session as NFLX and EBAY earnings are providing a pop. We will also have earnings tomorrow from AMZN and BIDU. VIX appears to be topping again and is threatening to break down to a lower level. The weaker dollar plays like oil, gold, steel, coal and commodities led the action today. As the dollar printing press continues to pump up the stock market, the ingredients for my meal and clothing continue to soar. The only solace of the bear was the tame volume, potentially weak seasonality and failure to close above the recent high. This leaves a tiny crack open for the bears, but they better show up fast before we take out the recent high.
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