Dow: +67.18…
Nasdaq: +17.49… S&P: +4.76.
Quick post tonight.
Carryover momentum from yesterday’s all-time high
Crude oil pulls back amid OPEC concerns
Positive bias in global markets
Longer-dated bonds pull back
Heavily-weighted health care underperforms
Strong: Telecom Services, Real Estate, Consumer Discretionary, Consumer Staples, Industrials, Utilities
Weak: Health Care, Energy
The market ended the Tuesday affair on a modestly higher note with the Dow (+0.4%), Nasdaq Composite (+0.3%), and S&P 500 (+0.2%) carving out fresh record highs. The domestically-oriented Russell 2000 (+0.9%) also notched a new all-time high, extending its November gain to 12.0%.
I added PKX as a new long today at 55.60, target 61-62
One to watch…………. SQ over the 12.70 level
