Tuesday, February 11, 2014

No Rest For This Market!

The gains these last 5 trading days are huge! Indices barely get any rest (only yesterday) and made up for half the losses (or more) that they underwent in the second half of January. Tech is even back at recent highs, how about that?! So tech clearly leading this rally, while small caps are the laggards.

5m-chart SPY:

Daily charts DIA, SPY, QQQ and IWM:

Euro, oil, metals
The euro and oil closed almost breakeven.
Metals did well. Copper was up only little, but silver gained well and gold was up over 1%.

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