Dow, daily
Summary
Price action remains depressingly muted.. and that merely makes it easier for the market to grind higher.
With the new high in the Dow - for the second consecutive day, even hopes of a retrace to sp'2020/15 are now back on hold.
The Fed beige book is due at 2pm.. but really... what could that possibly say that might upset the market?
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Notable strength: RIG +4%, BTU +4%.. but then.. both stocks remain utterly smashed to pieces since the summer.
Weakness.. airlines, ... DAL/UAL, both lower by almost -1%.. no doubt reacting to the minor bounce in oil prices.
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time for an early lunch