Here's another one for the "I could have told you that!" department...

I frequently run across articles in various periodicals that tell about elaborate (and sometimes costly) studies or surveys that end up with "obvious" results.

Here's a good one I came across today...

A survey by risk management firm ISO Quality Planning concluded that drivers of Hummer SUVs are five times more likely to get a traffic ticket than the average driver.

The reason?

Seems that the "sense of power" drivers say they feel behind the wheel of the big SUVs "may" foster more reckless driving.

No joke! I could have told you that!

The study did go on to say (and this is less intuitive) that, by contrast, drivers of the Chevy Tahoe, Jaguar XJ, and Buick Lucerne were less likely than average drivers to be ticketed.

I could not have told you that.

Anyway...

No recklessness in the stock market today, just rally time!

The Dow was up triple digits, 141.53 to be exact, while the Nasdaq did almost as well percentage-wise, galloping 21.87 points. The market seems to be in a trading range, with support still around 8,000 on the Dow and near 1,450 for the Nasdaq.

Now if we could only get some good news out of Washington, D.C., we might see a decent rally here.

Biotech stocks are "busting out all over", with some tremendous short-term runs appearing here and there. Take a look at the recent action in LJPC and GTCB for a couple of good examples. So solid buying interest is coming into that sector.

And I found another nice RSVP Play - it's a biotech stock that popped a little over 18% today on great volume after weeks of quiet trading. This could be the start of a good run for this small-cap stock. I'm about to name the stock for my Premium Members.