Wednesday, July 3, 2019

"I love you 3000" as all indices close at all-time highs with S&P 500 and Dow on doorstep of 3000 and 27,000

In the market shortened session of July 3, risk was fully on as for the first time since January of last year, all three primary U.S. indices closed out the day at new all-time highs.

In fact if it weren't for the modified holiday trading schedule, the Dow probably would have crossed the 27,000 point and the S&P 500 would have received the Avengers Endgame treatment where Ironman's daughter told Tony that "I love you 3000".


Dow:


S&P 500:


Nasdaq:


Meanwhile, gold was sold off for equity risk after spiking to a new 6 year high yesterday of $1438.

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