Markets sets All time & 52 wk closing HIGHS

Records were all over........ Alltime closing highs on Dow,S&P 400,S&P500,Russell 2000 and.... 52 wk closing high on Nasdaq.

No we are not OVERBOUGHT.......far from it...we are still below fair value......too much SKEPTISM about this market.

Too many people booking profits....so all index are going UP very gradually...almost like "baby steps everyday"

So to show the broad based strength of this market.....when most index were up .3% only........................here are some numbers.

...........................NYSE........Nasdaq

New 52 week High......411..........224
new 52 week Low.......24.............27
High ratio............17 to 1.........8 to 1

As you may have noted for two days in a row that NYSE stocks which is in more stable hand is showing more DEPTH in this rally than Nasdaq stocks which is lagging and is more JITTERY generally speaking.

Gold & Oil were FLYING today.

Hurricane season started already...Florida is getting hit with RAIN......

SNDK lost a lawsuit reported AH...somebody knew..thus was weak whole day by $1.

I will be posting my list of technically strong stocks in my post on saturday.

Please do your due diligence for next full week of trading.

Saleem