sp'daily5
Dow
Trans
Summary
*Trans remains a clear laggard, but a break above 8800s looks viable later this week. If that is achieved, new historic highs are viable by mid June.
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A third day for the bulls, and in addition to the two new highs in the headline indexes (Dow/Sp'500), even the two leaders showed a litlte upside kick.
Nasdaq comp' looks set to break the March 2000 bubble high of 5132.. and if that is the case, it bodes for further upside across much of the summer.
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a little more later...