It's shocking. There is no fundamental reason. Prices are talked up by politics, stock levels and security concerns.

People are saying 'let's take a second look' at nuclear power. Rising oil prices means nuclear is becoming more economically attractive, and gas prices are a second kick in the pants.

Stock prices on a fundamental basis perhaps are trading a little bit high but what is really behind this market right now is cash flow and momentum.

Russia has done some serious damage to its otherwise-good reputation for security of supply. Europe is going to have to take a hard look at their exposure and whether there's a way to fix that.

Real estate prices have somewhat moved in tandem with the stock market, and it's no coincidence real estate prices in Palo Alto (Calif.) have gone through the roof as technology stocks have gone through the roof, ... There's absolutely no doubt you can potentially make money if the market goes up.

Initially it was just shocking that this stock would be downgraded. But it looks like we're really starting to get this 'buy on dips' crowd and that's good for the market.