Dow Jones Goes 9 Days Up Without A Loss

The Dow Jones Industrial Average gained five points, 0.04%, to make it nine days in a row without a loss.

Most other major U.S. indexes logged small gains as the S&P 500 added 0.13%, the Nasdaq 100 (QQQ) lost two points and the Russell 2000 (IWM) climbed 0.39%.

Gold lost 0.2% to close at $1558.40/oz. and oil declined 0.06% to close at $92.52/bbl.

Apple slipped 0.02% to finish the day at $428.35. The widely held stock remains locked in a significant bear market, below both its 50 and 200 day moving averages and far below its highs of last September.

The major U.S. stock indexes remain in significantly overbought territory while the Dow Jones Industrial Average sets new records day after day and the S&P 500 flirts with its all time high, now approximately 11 points above today’s closing level. [Via]

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