The all important payroll number came out this morning in line and the market is holding onto gains before the opening bell. The stress tests results, which were officially released at 5:00pm yesterday, were positive and showed that banks are better off than expected. Yesterday we had a clear cut exhaustion gap reversal on great volume and traders took advantage of the first distribution day in weeks. Today will be very important for the markets. The bears need to make a stand versus yesterday's highs and if we trade above we could explode higher. The next level in the S&Ps are 940-945. The sectors we are focusing on are Regional Banks, Investment Banks, Healthcare, Steels, and Insurance stocks.

Yesterday's winners included: BAC, SKF, WFC, SPY, LVS, and PRU.

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