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I guess you probably heard it by now. Dow closed at a new all-time high at 12,621.77 (+87.97); S&P 500 closed at a new six and a half year high at 1,440.13 (+12.14); but of course, the star of the day is the Nasdaq Composite which rallied nearly 35 points to 2,466.
At least now we’re [...]

Market Blog

Dear valued subscribers,
For the past few trading sessions, the SPX attempted to rally but was stopped by the lower trendline, which stretches all the way back to August 2006 (See chart 1). For the past few months, the S&P500 (SPX) had been steadily trending upwards along the channel. The lower trendline acted as support while [...]

Market Blog