Technology stocks lead the charge as the Nasdaq easily broke through its April highs at 2050. Not only is 2100 a new high for 2010, the Nasdaq has not seen these levels since the end of 2007. Now, let us see what the stock market can do from here.  The DJIA managed to break through the 11,000 level to surpass its ‘Flash Crash’ bounce high, but it still has a little further to go to hit the resistance of its April high at 11,200. The SP 500 is the laggard this time around, as it is now sitting at its ‘Flash Crash’ resistance level at 1180.  It still has a considerable distance to cover to reach its April highs at 1220.  The stock market is looking strong heading into the November elections.

JD