New All-Time Highs on a Stinker Jobs Report Both the Dow and S&P closed at all-time highs on Friday as investors focused on what little positives came out of the jobs report – namely that the report will likely push out the tapering of asset purchases and any potential Fed…

Feeling a Little Toppy  According to Factset, with 60% of the S&P 500 having reported, 86% are above estimates. The blended earnings growth for the S&P 500 is 45.8% Which would be the highest y/y earnings growth rate since Q1 2010 (55.4%) if that number holds. All eleven sectors have higher earnings…