Thank you, Oracle!

The major market indices all ended in the green today, led by the tech-laden Nasdaq with a tidy 1.53% gain of almost 40 points.

Helping the Nas' cause today was ORCL - Oracle Corp. - which blew away earnings estimates overnight and gave a shot in the arm to investor confidence. After all, if companies still have the confidence to invest in software and other services, the economy may not be as bad as the media makes it out to be.

And it may get even better tomorrow.

Research in Motion, Inc. (Nasdaq: RIMM) - the company that makes the uber-popular Blackberry PDA / SmartPhone device, reported that both earnings and sales doubled from the previous quarter, causing to stock to soar 11% in after-hours trading. So expect a big gap up on RIMM on the open tomorrow, and perhaps for the Nasdaq as well.

Another sector sporting loads of fantastic chart breakouts today was the already-strong Agricultural Chemical industry. This action was spurred on by the actions of politicians with the passage of the Energy bill this week. The mandate (signed by President Bush on Wednesday) to produce 36 billion gallons of renewable fuel by 2022 spells significant long term sustainable demand growth for the fertilizer industry.

And for Baffle / RSVP / ARM Play premium Members this evening, I'm going to name a specialty chemical company based in China that is looking like a grand-slam home run. I bet just a handful of people on the planet have even heard of this stock, and I think it may be about to reward early investors handsomely.

We had a meandering, non-committal market today...

The markets were all over the place today, and they ended up exactly as they traded all day - mixed up.

The DJIA was down over 25 points, but the Nasdaq eked out close to a 5% gain.

But it could be a different story tomorrow.

Oracle Corp. (ORCL) reported earnings after hours this evening, and they were very robust. The stock is trading up nicely after hours, and should gap and run on the open tomorrow. This will alleviate the fears of lots of investors who look to the database software behemoth as kind of a proxy for how the tech stocks will act in the near future. So this should bode well for the Nas tomorrow, barring any other catastrophic news.

Except for the Nasdaq, it's now four days in a row in the new rally...

The stock market had its third best week of the year to end the usually bullish month of November. The market was down for the month however.

And except for the Nasdaq, all major indices ended in the green on Friday, making it four days in a row for non-Nasdaq indices. DELL weighed heavily on the Nas with a tepid earnings outlook report. Other tech stocks sagged too.

But with the Fed acting much more "dovish" - indicating more interest rate cuts are highly possible - and with talk of some bailouts in the subprime mortgage area, the market's outlook in general seems to be quite different than even a few days ago.

Bottom line, I still think we've seen the worst, and we head up from here.

With that in mind, I'm going after a super-aggressive play for my Baffle / RSVP / ARM Play Members this evening, I'm going to recommend a stock that's a play in the subprime mortgage area, was up huge on Friday, and could easily double in the next few days if the subprime bailout talk continues.