Whatever it is, is is causing the web browser to run very slowly and use high memory. As you can see, we have finally broken out past 1332, with the next target at 1344, currently about 2 points above today's high. Today's NFP came in at what can best be decribed as unbelievably good numbers, as in it strains all believability. The unemployment rate has dropped to 8.3%, and the number of jobs added was about 100k more than expected. Call me skeptical, but this does not pass the smell test. The market is buying it, however, which is what counts. The leading sector, by a mile, is naturally XLF, buy far the most productive segment of the American economy, while those useless parasites XLU are lagging. The Nasdaq and Russell 2000 are both leading. Oil is up, gold down, treasury yields up huge.
I have 430 new highs. I can't load the charts so I can't see nay breakouts. Here is what I have reporting last night: SIMO up 3.5%, NVLS up 0.75%, CATM up 0.7%, CAVM down 0.9%. and CTCT up 17%. Reporting this morning: EL down 4%, IEC up 3.3%, and OYOG up 10.2%. I have no idea how much posting I can do today, there is no pattern to the problems I am having, they seem to come and go at random.
