After All the Bitchin’………..

mr t

……….the $SPX made a new all time high and the NYSE ($NYSE) Composite made all time highs. The latter is so much more important than the dopey Dow 30 because its so much more representative.  It shows breadth in so many more stocks than the $DJIA.

Oh, by the way, the Nazzy and the Russell didn’t fall into a sink hole as the 100 day moving average  stepped up again as big support.

Even biotech acts better.

Bernanke texted Yellen and scolded her into buying back her hawkishness, and for now Putin renewed his Zanax prescription so things will stay calm for now. Rates are still zero and where ya gonna go but stocks?

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