US equity indexes closed significantly higher, sp +21pts @ 2078
(intra high 2081). The two leaders - Trans/R2K, settled higher by 0.7%
and 1.0% respectively. Near term outlook is for a year end closing
around sp'2090, with marginal new historic highs for the Dow, sp', and
Nasdaq in Jan/Feb'.
sp'daily5
Nasdaq comp'
Summary
Little to add.
It is notable that the 'headline indexes' - Dow, sp'500, and Nasdaq' all look on track for marginal new historic highs in January 2016.
Whether the market can hold such new highs... that is the core issue.
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a little more later...