Off the Charts
The S&P (SPY) tagged 1500 intra-day but failed to close above that milestone. The S&P closed the day flat while the Dow finished up 0.33% and the Nasdaq fell 0.74% as Apple's (AAPL) weakness weighed heavily on the index.
As of the close today, the S&P has rallied 4.7% in just the first three weeks of 2013. The market has seen a methodical move higher this year although a lot of people are perplexed at the rally as the speed and trajectory have been different than what we have seen in the past. A few key players that typically lead the market have sat on the sidelines while strength in the financials, transports and industrials have led the way higher....673 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.