The /ES has been strong ever since trading started Sunday evening. The principal question is whether or not we'll push past 801.50 or lose momentum from here. As I've been saying frequently recently, looking at individual stocks, I am finding ten great shorts for every decent long, so it's still very hard for me to conceive, on a bottom-to-top examination, where the strength could come from (although, ironically, I think one more bout of weakness could make a lot of financials very compelling buys, in addition to semiconductors, which are the best sector I've seen so far).
