|
Tech stocks continue to be the best thing going for the market here. A move above 2471 and the Nasdaq (first chart below) could be off to the races. First support is 2450-2453. Options indicators were better behaved today, with ISE sentiment readings down in the double digits most of the day. With pre-holiday trading generally favorable, the next couple of days could add to the gains. A break above 1418 would be a good sign for the S&P (second chart), with 1427-1432 major resistance above that. 1402-1406 remains important support. The Dow (third chart) is stuck between 12,350 and 12,450 here. Bond yields (fourth chart) continue to pause here ahead of Friday's retail sales data.
 Apple's Little Computer Announcement
 Data Mining Giving Privacy the Shaft?
|
Technical Analysis: Getting Better All The Time