Nice bullish action last couple days leading to all important day tomorrow with Fed minutes. Market is expecting clarification on Tapering but given the action last few sessions its unlikely we would see any major news coming out. Either way, stay nimble and be prepared with short and long ideas. If Tapering becomes reality i would like to go short real estate stocks or IYR itself, which seems a little tired already from the bounce. Some ideas listed below -
KSU - Leading transports stock. Go long on nice FDX earnings.
SIG - Going up on nice volume. Likely to see new highs if market support it.