Option Millionaires

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U.S. equities are benefiting from upward global momentum that in turn piggy-backed the strong finish yesterday on Wall Street. Asia picked up the rally baton with Japan's Nikkei propped up 1.2% thanks in part to the weaker yen as well, though China did not follow suit as the Shanghai Comp settled marginally lower. In Europe, the Euro Stoxx 50 vaulted 2.1% higher, while the French CAC is 2.2% firmer, helped by a big jump in the German Ifo and continued progress mopping up terror threats and greater unity in dealing with Syria. The Dow is 72-points higher, S&P rallied 6-points and NASDAQ is 17-points firmer in pre-open trade, below earlier highs. In company news, Wal-Mart rallied over 3% after beating by a penny and Home Depot surged 2.5% on brighter earnings results, though Urban Outfitters tanked 10% after a miss on same-store sales. Recall, retail stocks were hammered last week on seasonal sales concerns. Up next are CPI and industrial production data that will set the tone early