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Friday, November 24, 2017

Just a quick note on this holiday shortened session.  The Dow rose 31 points today on extremely light volume.  The advance/declines were positive.  The summation index is moving higher.  This week has been a rise as was anticipated for the holiday.  More new all time highs for some of the major stock indices.  No overhead resistance and unless something comes from out of the blue, you can expect higher prices going forward.  That's my take on things at the moment.  GE was little changed.  Gold was off a couple bucks despite a drop in the US dollar.  The XAU and GDX had fractional losses on very light volume.  Mentally I'm feeling tired.  Europe and Asia were mostly higher last night.  Enjoy the rest of your long weekend.  We'll be back at it on Monday.

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