Top 3 Reasons Today’s Markets Were Up HUGE

Markets closed up HUGE on Wall Street: DJI +2.26% SP500 +2.15% Nasdaq +2.05% Gold +0.14%

The markets were up because:

  • The Fed’s Beige Book confirmed we still recovering, albeit slowly. Manufacturing is up and corporate profits are up — now if we can just get that stubborn unemployment rate to really move. While we’re waiting, see why Wall St. Cheat Sheet Managing Editor Elliot Tuner explains 5 Reasons Why the Traderfication of CNBC Drives Me Crazy >>
  • Oil (USO) popped 3%. That’s a two-week high and the largest one-day return in more than two months. Here’s our Oil & Gas Technical Update >>

Invest in Necessities: CME Commentator Jordan Roy-Byrne CMT guides you to profits in his Commodities Premium Newsletter >>