DEBORAH MARCHINI, CNN ANCHOR: Among the items that we're looking at this morning is the significant rally in the futures markets, both for the S&P; 500 futures and the Nasdaq 100 futures. Joining me is my featured guest, John Davidson. He is the chief investment officer with Circle Trust. And I'm going to put it to you: What do you see happening out of the gate this morning, and is it justified?</s>JOHN DAVIDSON, CIO, CIRCLE TRUST: Well, I think it is. People have really beaten up those stocks so badly that some good news or even some stopping of bad news I think is well received. And I don't know if this is going to be a sustainable rally until you really have the earnings come back, and the economy turns around, but I think today it looks like a very, very strong day.</s>MARCHINI: All right. John Davidson, sit tight. We're going to talk some more about the factors affecting stock prices a little later on in the broadcast. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
John Davidson of Circle Trust: Least Good News Boosts Techs