Other than AA and XOM, which had been strong earlier, the big movers were MCD, plus all the industrial sector (GICS 20) components of the Dow (GE, BA, HON and UTX).

The Nasdaq was ready to go as well, and it did. I'm doubtful this bullishness can persist in the morning, after say 10:30am, however, especially if Crude Oil, which closed at $65.80, continues to set fresh highs.

McDonalds has been moving on rumors of a private equity play for its valuable real-estate. Reuters carried the story.

Many of the Industrials sector stocks are beneficiaries of a lower USD. As you probably know, these companies are major exporters, which are aided by a lower currency price.

With Crude Oil, and Gold, setting new highs, Wall Street algorithmic trading might have flagged GE, BA, HON and UTX for purchase, figuring a much lower USD is on the way.

Here are the charts, which show the response to some major order flow from people I recognize as the Gnomes. Mom & Pop definitely did not start this market action. I recommend you watch the USD trading overnight. If it dives here, then gold will move significantly higher as well.