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The market kept its winning ways going after Monday's fake out sell off. The Dow gained another 212-points, and this time the Nasdaq came along for the ride gaining 2.56% on the day. Small caps weren't far behind as it is starting to feel like a little bit of capitulating from the bears who had cash on the sidelines.

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Originally Posted by coolhand

Yesterday, I said that while the market was probing all-time highs it wasn't able to close at those levels. I also said I wasn't sure if the market was ready to do such, but that I did expect it to happen at some point. Today, the market left little doubt where it wants to go as the bulls ran rampant over the bears.




The charts sure look like they are breaking out the upside again. The DWCPF wasted no

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It was quite an interesting day for stocks yesterday as the Georgia elections caused a stir in the overnight futures as investors looked to reallocate to more democratic friendly sectors. The futures were mixed with large caps, and particularly large tech, down sharply while the small caps were surging. The open bell hit and things flipped more positive, but the D.C. protests did pull the indices off their highs later in the day. The Dow ended with a big gain of 438-points, the S&P added ...

Originally Posted by coolhand

The rally may have faded a bit today, but it still closed with good gains.




I note that both charts show price probing fresh all-time highs today, but neither was able to close at that level. However, this market could propel past resistance (we're still in a bull market after all). I suspect it will, but I'm not sure the market is ready for it just yet. Momentum is starting to turn back up on the DWCPF,

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Stocks rallied out of the gate on Tuesday, then we saw the bears step up and take the morning gains away before things stabilized, and the bulls were then back in business. The Dow ended the day up 168-points, after losing 383 on Monday. The Nasdaq and the small caps led on the day, and yet another decline in the dollar kept the I-fund in the running.

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