Is This Market 'The Little Engine That Could'?

I was out most of yesterday afternoon, which is why I only posted once yesterday. But the market hung in very well, especially the Nazz which was up on the day again.

This morning we are getting another strong rally, led by the financials as well as energy. And let's not forget tech, which has really been the stalwart of this recent uptrend.

Goldman upgraded AAPL this morning in terms of raising its price target to $190. And GOOG received 3 price target revisions, ranging from $690 to $735. The stock is up another $13 this morning. Nice.

PEP beat earnings estimates, and WMT raised its EPS guidance, so there are positive datapoints in just about every industry. Oil is back up above $82, and this is helping most of the stocks in the energy complex. Pretty much a bear's nightmare.

Asian markets were higher overnight. The Bank of Japan held rates steady at 0.5%, and the Yen is lower again. Remember, this is my favorite "tell" right now.

Bond yields are a touch higher, likely on easing worries about weak economic growth. The 10-year yield is at 4.69%.

long AAPL, GOOG, GS