sp'daily5
Summary
It is just another day in market land. As has been the case for so very long..we're just regularly breaking new highs. Dow/Trans/NYSE Comp' look set to follow.
Notable weakness in the airlines, although I can't believe its solely due to the 1.0% gain in Oil.
DAL, daily
A fiercely bearish candle on the daily chart, next support are the low $38s..another 1.5% or so lower.
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Notable strength: NFLX +2% @$486... as the giant $500 level looms. Anyone starting to wonder 'when'.. $1000 will be hit..rather than 'if' ?
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AAPL -3%.. and there is some choppy weakness out there in tech land... TWTR, TSLA.
Someone initiated a major sell program? Its just a thought.
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10.01am.. Factory orders +10.5%.. a touch under expectations of 10.9%.. but still.. that is a good number.
Market should be able to build index gains from here. A daily close in the 2010/15 zone..with 2025/30 tomorrow.