The market found a bull case on Tuesday, as investors returned from a long, snowy weekend. We were hitting on all cylinders, buoyed by hopes that the EU would be ready with details on Greece’s debt soon. The Euro rallied and the Dollar declined. It was more than just a little pullback in the Dollar Index. The sharp uptrend line from the last month was broken, causing a reversal in the typical Dollar carry trade commodities and stocks. Both gold and crude led the Basic Material and Energy sectors higher. Barclay’s Bank beat on earnings and posted credit losses below expectations. That bolstered the banks, giving an extra push to Dow component Bank of America, which said it had made “significant gains” in modifying mortgages. The Financial Sector SPDR, XLF, finally made it back above 14. This was a massive top formation that broke at 14. Getting back above that only enters the overhead supply, but it was impressive to do nonetheless. Technology was strong as the Mobile World Congress 2010 kicked off. So, all the key groups, Basic Materials, Energy, Financials, and Technology were atop the leader board. Add a surprisingly good Empire State Index, which is a February number, and the bulls had control. Given the late pop, it looked like a bit of short covering, as the averages pushed to or slightly above those targets, which were Dow 10,270 (right on), S & P 1104 (close), and NASDAQ 2200 (slightly above). Expect some resistance, but it turned a pathetic bounce into something better.