Mergers and acquisitions by foreign investors will be a market highlight this year. Banks, retailers and steel-making stocks will be favorites.

The theme of mergers and acquisitions is going to remain a real motor for stocks. No industry is sheltered from it. Today is another demonstration of that.

What's important for investors to realize about the Dow is it's not just steel stocks and industrial-related stocks. There are growth stocks. There are financial, entertainment and industrial stocks. So when one sector isn't doing well, another sector may be doing well. And that's exactly what's propelling the Dow.

The world is now being dominated by few Giant organizations that influence and dectate our consuming behavior.

Again it's all driven by mergers and acquisitions activity, and telecoms are in the limelight.

There will be more opportunities in cement stocks, because the foreign investment topic will likely stay in focus for a while.