Yesterday, the DJIA was down 170 points, prior to the tragedy that took place in Boston.  However, this morning the market was able to rally with the reinforcement that the FED will continue its stimulus efforts.

Housing starts had the highest gain in seven years, however this was offset by the decline in building permits.

March industrial production doubled and the FED production was revised to +1.1%.

No additional economic data is due out today, but three FED officials are scheduled to speak.

We will keep updated on what information they provide.

Our thoughts and prayers are with all in the city of Boston and to the spectators, marathon participants and innocent bystanders that were affected by yesterday afternoon's tragic occurrence.

- Nancy Bierman