Tuesday's new closing high in the S&P 500 completes the 16-day trading range and gives upside targets in the 1924-1930 area. The market was led by the Nasdaq Composite and Nasdaq 1000, which were up 1.64% and 1.74% respectively. One of the best groups, the SPDR S&P Regional Banking ETF (KRE), which was featured in yesterday's column gained 1.86%. The Dow Industrials closed at 16,532, which is just below the closing high of 16,576 from December 31. The daily relative performance analysis on the S...
Tuesday's new closing high in the S&P 500 completes the 16-day trading range and gives upside targets in the 1924-1930 area. The market was led by the Nasdaq Composite and Nasdaq 1000, which were up 1.64% and 1.74% respectively. One of the best groups, the SPDR S&P Regional Banking ETF (KRE), which was featured in yesterday's column gained 1.86%. The Dow Industrials closed at 16,532, which is just below the closing high of 16,576 from December 31. The daily relative performance analysis on the S...
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