1pm update - Nasdaq leading the way

US equities continue to claw upward, with the Nasdaq comp' at a post 2009 high... set to take out the March'2000 high of 5132. All US indexes look set to break new historic highs in the days ahead.. and are going to be especially helped by a cooling USD.. in the process of breaking the up trend from last May.


Nasdaq comp' daily

UUP, weekly

Summary

*I find it somewhat odd how I seem to be one of the few noting the USD.. which appears set to break the upward trend.

**I use UUP as a way to chart the USD during the day, as stockcharts don't provide USD intraday quotes!
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So.. sp'2118... almost at new historic highs... and regardless of the exact close... it has been another day where the market opens a little weak.. but then turns positive.
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notable weakness: coal miners, BTU -7.9%... the destruction continues

strength: IBM +3.5%... as the 200dma is re-taken.
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1.03pm.. NYSE Comp' breaks a new historic high.. 11218...  its a pretty important sign.