|Day Low/High||13.57 / 14.12|
|52 Wk Low/High||6.94 / 17.61|
There is just no logical way to gauge how much further this market can run even when it is technically extended by most measures.
Proposals are having an effect ahead of afternoon announcement.
That's what we've got, and there's no sign of the uptrend ending.
It's hard to predict when momentum will slow, but it could be time to take some profits when the market is as strong as this morning.
Bearish thinkers are missing out on the gains that are occurring while waiting for their pessimistic thesis to be fulfilled.
The indices may need a rest, but stock-pickers have an edge.
The dip buyers are still waiting for an opportunity to buy some weakness.
When the market can't rally on favorable news, there is a good reason to be wary.
'Sell the news' trade is gaining some traction since earnings reports.
Biotech companies show more energy than the rest of the market Monday.
Let's use Ultra Clean Holdings as an example of a stock that jumped after earnings.
If you play strong defense, be prepared to change course very quickly.
It is clear that tax policy isn't going to be solidified in a couple of weeks.
It will be interesting to see if there is enough buying power for another day's rise into the close.
Biotech shares have gained from takeovers in that sector.
FANG names and precious metals are countering retail weakness, but sustained leadership is a challenge.
Strong results for this under-the-radar technology name could not have been posted on a better day.
Shares of Super Micro Computer have yet to recover after a profit warning caused it to drop 20% in April.