Feels Higher To Me

spx

The market kicked off the new trading week on an upbeat note. The Nasdaq led the way, climbing 0.6%, while the Dow Jones (+0.1%) and S&P (+0.3%) underperformed, but still registered new record closing highs at 18,298.88 and 2,129.20, respectively.  The  Biotechnology ETF (IBB 360.30, +4.69) advanced 1.3%, helping the Nasdaq climb.

The Nasdaq does look like its heading to the red arrow.

qqq

The Dow made new highs as well.

dj

NFLX closed at another all time high, but was barely up 1%.  REGN tagged the $500 level but backed off.  It was +$7.3 or  1.6%.

We had two triggers today: ESPR and AMBA.

See you in the morning.

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