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Three Things for the Holidays

This column was originally published on RealMoney on Nov. 21 at 8:31 a.m. EST. It's being republished as a bonus for readers.

I don't know about you, but holiday times allow me to do a few things I don't normally do.

One, I get to sleep even more than normal.

Two, I get to take a step back and take a big-picture look at the market.

Regarding the latter, three things popped out at me when I did that this weekend.

    1) The Dow has been hot ... but is still moving sideways.
    2) I'm not sure anyone has mentioned it, but the NYSE is at all-time highs.
    3) What bear market? The Russell 2000 is up 17% from its March 2000 peak!

Today, those three charts, plus:

  • Revlon (REV - Get Report),

  • Sierra Wireless (SWIR - Get Report),

  • Avon Products (AVP - Get Report),

  • Paychex (PAYX - Get Report) and

  • Claire's Stores (CLE).

    And that is the final word from Santa Monica, Calif., where "Lords of Dogtown" is different and not very well made, but still has something appealing about it.

    Worth at least a one-night rental.

    P.S. from Editor-in-Chief, Dave Morrow:
    It's always been my opinion that it pays to have more -- not fewer -- expert market views and analyses when you're making investing or trading decisions. That's why I recommend you take advantage of our free trial offer to RealMoney premium Web site, where you'll get in-depth commentary and money-making strategies from over 50 Wall Street pros, including Jim Cramer. Take my advice -- try it now.

    Charts produced by TC2000, which is a registered trademark of Worden Brothers Inc.

    Gary B. Smith is a freelance writer who trades for his own account from his Maryland home using technical analysis. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Smith writes a daily technical analysis column for and also produces a daily premium product for called The Chartman's Top Stocks -- click here for a free two-week trial. While Gary cannot provide investment advice or recommendations, he appreciates your feedback; click here to send him an email.

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    AVP $9.12 1.10%
    PAYX $49.30 0.14%
    REV $39.99 -0.65%
    SWIR $36.94 -1.00%
    AAPL $132.65 1.82%


    DOW 18,037.97 -42.17 -0.23%
    S&P 500 2,108.92 -8.77 -0.41%
    NASDAQ 5,060.2460 -31.8390 -0.63%

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