STOCKS TODAY - In China we Trust

China was on my mind all of last week ahead of the meeting of the National People’s Congress (NPC) in Beijing this weekend. And China came through with a plan U.S. markets would surely celebrate if it were their own. It’s hard to say how U.S. markets will digest China’s plan after the significant gains of the S&P 500 et al since their mid-February lows. After all, there is concern about China’s reforms as well, and if China’s economy will follow its leaders’ direction. However, I expect that by the close of China’s meetings in 10 days, equities will be higher on China’s push for growth, which is just one significant positive among a slew of supportive global central bank actions expected this week and next. See the full story on China stimulus and the markets here.

Security Sector	03-04-16	12-31-15
SPDR S&P 500 (NYSE: SPY)	$200.43	$203.87
SPDR Dow Jones (NYSE: DIA)	$170.02	$173.25
PowerShares QQQ (Nasdaq: QQQ)	$105.67	$111.86
iShares Russell 2000 (NYSE: IWM)	$107.72	$112.62
Vanguard Total Stock Market (NYSE: VTI)	$102.07	$104.30
Financial Select Sector SPDR (NYSE: XLF)	$22.28	$23.83
Technology Select Sector SPDR (Nasdaq: XLK)	$42.42	$42.83
Energy Select Sector SPDR (NYSE: XLE)	$60.96	$60.32
Health Care Select Sector SPDR (NYSE: XLV)	$67.41	$72.03
Consumer Discretionary Select Sector SPDR (NYSE:  XLY)	$76.72	$78.16
Consumer Staples Select Sector SPDR (NYSE: XLP)	$52.04	$50.49
Utilities Select Sector SPDR (NYSE: XLU)	$47.11	$43.28
Materials Select Sector SPDR (NYSE: XLB)	$43.46	$43.42
Industrial Select Sector SPDR (NYSE: XLI)	$53.78	$53.01
iPath S&P 500 VIX ST Futures (NYSE: VXX)	$21.86	$20.10
SPDR Gold Trust (NYSE: GLD)	$120.54	$101.46
United States Oil (NYSE: USO)	$9.65	$11.00

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