Stocks are full steam ahead amid econ data, volatility drop

and the most recent jobless claims print. The Dow Jones Industrial Average is already up by over 400 points as the trading day kicks into high gear.We are higher across the board for the Dow Jones industrial average, up by about 1.1%.

So there you're seeing our esteemed bell ringers here this morning on this Thursday, This Friday's Eve, if you will, uh, second chance rescue for the pets, right for the pets.You've got the NASDAQ up nearly 1%. Today they've been lagging, but they are ahead by a whopping 16 basis points and then we got to check out the S and P 500 not seeing a lot much there for four days.And I wanted to share a little study that Ryan Dietrich just did going back to 1950.But all four of those days were above the 200 day moving average.So many have claimed that the past few days big rallies like this can only happen in a bear market.

One thing that might not be going in the right direction is a 10 year T note yield that is up 12 basis points.Better than expected data, but risk market seem to like it, so I don't see much of a problem there.And utilities and real estate are the only leg utilities down about 4/10 of a percent.So far this week, it's been about the mega caps, tech and consumer discretionary.Uh, NVIDIA not, uh, really showing too many signs of life just flashing red there, but Qualcomm up 2.5%.

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