Tuesday, 31 December 2013

1pm update - NYSE Comp' breaks the Oct'2007 high

Whilst the main market holds moderate gains, most notable today..and arguably the month, the NYSE Comp' has finally broken the Oct'2007 high of 10387. The Nasdaq Comp' is now the remaining main index yet to break its historic highs - the 5100s..a considerable 25% or so higher.

NYSE Comp, monthly

AAPL, daily


*AAPL looks strong on the daily/monthly charts. The $600s in January..very viable.

I realise for many, its not that notable, but really, the break of the NYSE comp' above the Oct'2007 high, is pretty significant. Target for the late spring remains the 11000s.