Off the Charts
The major indices traded within a very narrow range in today's session and the Dow closed at new all-time highs again today for the third session in a row. The major indices close the day in the green with the S&P (SPY) finishing the day up 0.18%.
The S&P is showing commitment to yesterday's breakout as it holds above 1530 but upward momentum has been lacking since Tuesday's powerful breakout. The banks showed continued leadership in today's session. There was select action in today's tape but there were a couple notable trades as Boeing (BA) broke-out to new highs and there was a focus on Facebook (FB) as it closed the day up 4.10% after the conference that it held this afternoon....382 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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