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Draghi Comments Launch Huge Rally

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Prior to the opening this morning, ECB President Mario Draghi stated in no uncertain terms that he is determined to help member coutries with their debt and keep the European Union intact.  Combine that with a 36,000 drop in initial unemployment claims and stock traders become euphoric and stage a tremendous rally.  Pundits further fanned the fire by saying that hiring could not be far behind.  I think that may be a little premature but a rally sure makes people feel better about things.  the Dow gained 211 points in a broad market advance.