I told ETF Focus subscribers over the weekend that I expected a Wednesday market rally once the midterm elections were behind us and a source of uncertainty was removed. That proved to be correct although I didn't quite expect a 2% rally. Once again, large caps led the way. The Vanguard Large Cap ETF (VV) was up 2.1%, while the Vanguard Mid Cap ETF (VO) and the Vanguard Small Cap ETF (VB) were up a slightly more modest 1.6%. Growth outperformed value by around 0.7%.On the sector side, tech and healthcare were the big winners.Internet and software stocks gained 3-4%, while the more defensive sectors (utilities, consumer staples) were modest gainers. The firing of Jeff Sessions didn't really cause the markets to react, although the Marijuana ETF (MJ) did. The fund was up 2% prior to the announcement but rallied to finish up 7% on the day. Sessions wasn't necessarily a pro-marijuana guy but it's unlikely that his successor will be much different since he'll also be appointed by President Trump. This rally might be overdone.