Can't believe we have not crashed in Sept.
Oh well, if this is really a rally heading into 3rd Qtr earnings then the Mega large caps should be moving up alot faster than they have because the low interest rates favor the Mega large caps which can refinance their debt at unheard of lowest interest rates in the history of the world. That refinancing of debt would reduce their payments for interest dramatically and therefore increase their earnings by the same amount. Its almost the same as people that refinance their homes.
If you were paying $2,300 per month in interest and refinanced it to $1,500. All of a sudden you have $800/month extra cash flow. Now imagine this in a grand scale of billions like it would be for Mega Large cap stocks.
F, V, NBR, LVS, WYN, RIG, WFC, GS, DOW, and XOM