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.
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.
