Markets open up slightly stronger. This seems like the strongest mania since 2000 in the US. Due to program trading and reliance on the futures the market just grinds up like at 45 angle with buying come in at key points in the futures. I just looked at a chart that says the dow is the most overbought since 99. The great paper momentum chase continues. If its not energy its tech. The liquidity is seemingly neverending. Semi's continue to report average earnings.