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January 25, 2007


Broad Based Buying

Strong day, continuous buying, a classic trend day where longs had a strong tailwind (throw a dart!).

105 of the 379 ETFs I follow are trading at new highs. The S&P 500 (SPY) and MidCap 400 (MDY) are both on the list as are these three SPDRs: Financials, Materials, and Staples.

xlf xlp xlb

This entry was posted on Thursday, January 25th, 2007 at 8:52 am (utc+8) and is filed under Trading and Investing.

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