The Nazzy 100 Index prints new all-time record highs in concert with the Nasdaq Composite since the high-flying tech stocks such as FB, AAPL, AMZN, NFLX, GOOGL, INTC and MSFT pump the indexes higher. The NDX all-time high is 5645.08 on 5/2/17 and the all-time closing high is 5644.07.
The small caps print new all-time highs in late April but are trending lower for the last six days after the top. The Russell 2000, RUT, all-time high is 1425.70 and all-time closing high is 1419.43 both printing on 4/26/17.
The S&P 500 and Dow Jones Industrials are near record highs but not yet able to move above. The SPX all-time high is 2400.98 and all-time closing high is 2395.96 both from 3/1/17. The INDU, or DJI, all-time high is 21169.11 and all-time closing high is 21115.55 both from 3/1/17.
Trannies remain uncooperative with TRAN, or DJT, the Dow Jones Transportation Index, at 9138 well below its all-time high at 9639 from 3/1/17. The NYA, NYSE Composite, is at 11535 trying to venture higher to its all-time high at 11687 from 3/1/17. It remains interesting that the flash spike high at 11688.45 on 12/27/16, that was swept under the rug by the exchanges and regulators, ended up printing as the NYA's record high at 11687 on 3/1/17 two months after the flash spike high occurred that was expunged from the record. What does that tell you about the rigged stock market?
Watch to see if COMPQ can move above 6103, NDX above 5645, RUT above 1426, SPX above 2401 and/or the Dow above 21169. Bulls win if any of the numbers are printed. Bears win if they make a stand and never allow higher numbers for these key indexes. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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