Stocks exploded higher this week moving two standard deviations. The greater than the expected move has occurred for the second week in a row which is very rare. Strangely enough, the options market has lowered the expected move for next week.

Inflation estimates for 2019 were much higher six months ago than they are now. Economists see the writing on the wall. Inflation won’t be a problem in 2019, and the Fed definitely won’t raise rates.

Global semiconductor earnings revisions are the worst out of any sector or sub-sector. Quarter over quarter global semiconductor sales are down about 10%.

In 2019, the utilities sector is up 12.21% and the S&P 500 is up 11.21%. Since February 1st, the utilities sector is up 6.98%, while the S&P 500 is only up 3.14%.

Which stocks in the SP500 are candidates for bullish trades? In tonight's video Corey Rosenbloom walks you through key stocks - out of 37 - making new 52 week highs.

The S&P 500 has gotten back all the losses from last week and more. The S&P 500 is now at 2810.92. That puts it back in the range it has had trouble with, in the past few months.