TraderWise

This morning, the market is following its normal pattern of rallying on Monday mornings. Overseas strength and news that AIG is selling one of its insurance division's for $35 billion sparked optimism. End-of-month fund buying also provided a lift. The overseas news was mixed. South Korea reported an 18% jump in exports after a 9% decline in January. These results eased concerns that a slowdown in China was forthcoming. Personally, these export statistics are so volatile that I'm not going to read much into them.