US equity indexes look set to close higher for the third consecutive day.. with Dow 18300s and sp'2130s. USD is continuing to build sig' gains of 1.2% in the DXY 94.20s. Metals are under pressure from the rising USD - but holding up relatively well, Gold -$1.
sp'daily5
GLD, daily
Summary
*Gold was set for a fifth consecutive net daily gain.. but is clearly under some distinct pressure as the USD just keeps on climbing today.
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Without question.. a day for the bulls, with notable new highs in the Dow and sp'500.
Yes the Trans is badly lagging, but with the Nasdaq comp' just 1% from breaking the tech' bubble high... this remains no market for anyone to attempting to short.
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notable weakness (one of the few)... coal miners, BTU -7.8%..
strength: AAPL +1.4%... as the mainstream start pondering about what $240 might imply for the main market.
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back at the close...