Stocks Rip Higher (SPY, DAL, AMR, NVO, URI)

After yesterday's dollar-induced head fake, equities are ripping higher today with the SPDR Trust SPY higher on the session by 1.29%, trading at $118.24. Tech stocks are marginal outperformers with the Powershares QQQ Trust QQQQ up by 1.32%, trading at $51.49. Some notable movers to the upside today include: • Novo-Nordisk NVO: higher by 11.25%, trading at $101.19 • United Rentals URI: higher by 10.81%, trading at $17.68 • AMR Corp. AMR: higher by 7.52%, trading at $7.00 • Delta Airlines DAL higher by 9.80%, trading at $12.84 The SPY is now nearing the top of its recent range, which sits at $1186.67. Although it is resistance until proven now, this market is remarkably resilient and favoring the upside.