Weekend Stock Market Analysis May 10, 2014 [HD]

About two months ago when markets were flatting with record highs there was a feeling of euphoria as speculation had become rampant.

Now we see record highs (at least as far as the Dow is concerned) and many of the speculation names have been seriously punished. Does it mean that now the market has legs?

Will the Nasdaq catch up with the Dow or will the Dow follow the NASDAQ lower?