The stock market jumped at the opening buoyed by strong corporate results from the tech sector and promising results from a drug developped by Gilead. Investor’s optimism was evident in the option market where we observed a lot of calls buying. It is worth to note that major indexes have reached Fibonacci’s retracement pivot points. Dow Jones Industrials between 0,5 and 0,618, Nasdaq 0,85 and the S&P 500 0,618. Breradth was very strong 3471 stocks advanced compared to 527 that settled down. Our risk profile index has started to deteriorate at 66.