Although the major portion of today’s strength in the Dow is due to Boeing, the other indexes, the NASDAQ and the S&P 500, are still showing the same moderate strength that has been exhibited in the markets over the past two weeks. Obviously, the volume this week will be relatively low but that does not alter investor sentiment. Stay long as long as the indexes stay above the T-line.
December 23rd Daily Market Comments
Although the major portion of today’s strength in the Dow is due to Boeing, the other indexes, the NASDAQ and the S&P 500, are still showing the same moderate strength that has been exhibited in the markets over the past two weeks. Obviously, the volume this week will be relatively low but that does not alter investor sentiment. Stay long as long as the indexes stay above the T-line.