We are experiencing very good corporate earning!

When you feel like these earnings today only confirm even further where the market is and why we are sitting here. It suggests to me that the pillars of support are still in place with an improving economy,it's corporate profit growth,it is also a beign growth environment- so you have a Federal Reserve that is not going to get in the way. You have a lot of positives to be grateful for and another thing your starting to see a distinction between those company's who are doing well and those who are not. As P/E (PRICE/EARNINGS) multiples expand you need to perform better than expected from an earnings perspective for your stock to continue to advance.The 2nd quarter earnings growth expectations for different sectors that we are positive about to give you a snapshot!SECTORS YEAR OVER YEAR EARNINGS GROWTHENERGY 500 PERCENTFINANCIALS 12 PERCENTTECHNOLOGY 11.7 PERCENTHEALTHCARE 11.2 PERCENTJust maybe the foundation of the rally is built on the strength of the economy which is growing strongerand not so much anymore relying on the expectations of the TRUMP agenda of Tax reform and Infrastructurespending to stimulate the U.S.economy. In addition we have gotten this dramatic economic surprise from Europe and the Emerging markets in which no one expected either to be strong at the beginning of this year. My last bullet point - On top of that you have witnessed the U.S. Dollar fall 8 percent which is a big beneficiary for U.S. Multinationals.