Introduction

Wall Street reacted positively to the companies that reported excellent earnings, rather than freaking out over some strong macro data as they call it this morning. Today gave us a clue of how the market might be out for the Dell Vansing 29 points,. S&P gaining 0.25%, but the tech had a NASDAQ jumping 0.95%. Driven by an immense and frankly bizarre amount of short covering, traders who bought stock to close out their bets on one-time flying stocks.