STOCKS: The Dow was up almost 200 at one point and gave almost half back. But, why was it up in the first place? One report had the G-20 backing a plan for $2 trillion in growth over the next 4 years. I find that hard to believe as a catalyst, but it was getting a lot of attention on the floor of the NYSE.

The Ukrainian situation appears to be stabilizing. That could be taking some of the geo political tension away.

The economic data has been poor, but many investors seem to be saying that it’s weather related and that a rebound is on the horizon.

GOLD:  Gold was up another $13.    

CHART: The S&P has still not bettered its closing high from 2 months ago, but it has made a high above a recent high and that puts us back in the bullish camp, short term.

…related HERE