Well, I'm back. Had a blast. Will give details (and pictures) from the trip in a future post.
For now, let's talk briefly about the explosive day in the market. Market breadth was excellent. It's so nice to see such a strong broad-based rally. It's not often that ONE HUNDRED PERCENT of the holdings in both the long-term and trading portfolios closed up on the day.
The M&A activity really spurred some strong buying interest. Gotta love it all.
Caterpillar (CAT) fell today and is slowly approaching my buying range.
International Game Technology (IGT) got a nice boost today and closed at a 52-week high. Next week is the Global Gaming Expo. Hopefully, we'll hear about some good things coming out of the trade show.
Chevron (CVX) also closed at its 52-week high.
All in all, it was a monster day today. I'm so very tired today having flown back in from Vegas this morning and going straight to work... but, nothing perks me up better than a sick move in the markets.
Don't forget that elections are tomorrow. Hopefully, we'll get into some sort of gridlock situation. I think there's little chance that the Republicans remain in control of the Congress.