SPY: You can't make this stuff up but then again there it is. Crummy news and we rally. Bulls would say a rally is the sign of a bull market when stocks rise on bad news.
MDY & IWM: So we march on higher no matter the news and future obstacles. Perhaps the economy can grow despite government and phony data.
QQQQ: It's just AAPL and semi's walking on every other company. In the late 1970s when inflation was roaring commodities and natural resource sectors were the place to be but so was tech since earnings were outpacing inflation.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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