Daily Wrap

DJIA +308.41 (+2.35%) to 13,412.55; S&P 500 +36.23 (+2.54%) to 1,462.42; NASDAQ +92.75 (+3.07%) to 3,112.26 The majority of today’s gains were made on the open resulting from the market’s elation on a fiscal cliff deal.  I would like to think that this is the last time we focus on Washington but unfortunately I feel it is not.  Otherwise today was a strong rally on better than average volume and the second one in a row at that.  What was even more interesting was the fact that Small caps and Tech lead (including everyone’s favorite AAPL) which lends to the…