The markets were higher again today as investors continue to cheer the comments from speeches of the 13 Fed members which all seem to be on the same page as far as considering easy policy should the economy slow. Yesterday the S&P 500 added over 2% and today continued that rally. The Dow 30 was higher by 207, the S&P 500 added another 22 and the Nasdaq closed higher by 48.

Tech stocks were a big focus today mostly because of Apple (AAPL  ). The stock was higher today as the CEO, Tim Cook said they company has not been targeted in any way by China despite the trade war issues. Salesforce.com was also a bright spot today as well. Shares were higher on the day following strong earnings beat. The company has beat on earnings and revenue now for 13 straight quarters.

Oil continues to be aggressively selling off as inventory numbers came in sharply higher week over week. The price of crude has sold off over 30% from it's highs set back in April and in the short term is considered by technical traders to be oversold.

Utilities and Reits were two of the stronger areas of the markets today thanks to rates in general. The Utility sector (XLU  ) hit new 52 week highs today and continues to be one of the stronger areas of the markets in general.

Tomorrow we have more Fed speak along with earnings from recent IPO BeyondMeats (BYND  ) among others. Investors will likely be glued to the first earnings report of BYND as there is a heavy short interest battling the cult like following of the Bulls.