The market rocket is on the launch pad and being lighted as we speak. Nothing like month-end mark-ups! As for the ideas and themes to be watching here in the last hour:
Exchange Plays: CME Group ( CME) and Intercontinental Exchange ( ICE) are shooting higher as fund managers look at plays that excelled in May. China Plays: Netease.com ( NTES - Get Report): hitting new all-time highs, Baidu ( BIDU): leading search engine play, and Shanda Interactive ( SNDA): leading gaming play. India Plays: HDFC Bank ( HDB - Get Report), Icici Bank ( IBN), and India Fund ( IFN) have all resumed the rally from last week. Financials: Look no further than JP Morgan Chase ( JPM - Get Report), Goldman Sachs ( GS), and earnings winner today, Toronto-Dominion Bank ( TD). Gold ( GLD), Oil ( USO), and other commodity related plays (steel, coal, fertilizers).