Markets Go Nuts: Here Are The 10 Trades To Watch Right Now

Markets are rallying today, after Asia returned to normal overnight, and stocks surged world wide ahead of the U.S. open. Positive Philly Fed data also pushed stock higher after its release.

  • DOW up 1.72%
  • S&P 500 up 1.81%
  • NASDAQ up 1.92%
  • DAX up 1.91%
  • CAC up 2.79%
  • FTSE up 1.40%

Performance: Basic materials, conglomerates, and industrial goods lead the way.

The Big Trade: GM

GM IPO today sends stock soaring.

Big Winner: Limited Brands

Limited earnings came in better than expected.

Big Loser: YPF SA

Big Loser: Reed Elsevier

Company reminds public it is functioning in a weak revenue environment.

Index Fund Mover: Ireland surges

ETF Mover: Metals and Mining

Currencies: Euro sliding post rally on bailout concerns

Energy: Crude oil rising

Gold: Rally petering out.

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