Monday 6 May 2013

3pm update - Transports holding strong gains

Whilst the headline indexes (Dow, SP, Nasdaq) are only moderately higher, it is the old leader - Transports, that is again leading the way, +1.4% in the 6300s. Is it really too much to envision the tranny in the low 7000s within 3-4 months?


Trans' weekly


Summary

Near zero volume...thus ..as expected, the algo-bots are in total control.

Absolutely NO reason why tomorrow will be any different.
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back at the close to summarise todays 'nothing'.