DOW closes above 16,000 for first time ever!

Market Recap
After a 3 day decline in the

S&P, the markets bounced right back. The

S&P closed within 3 points of the all-time high close, and the

DOW closed above the 16,000 mark for the first time ever. The DOW finished the session at 16,009.60

The Russell 2000 had a great day today as well, finishing up +1.80%. The Russell actually has the best performance out of the major indices year to date, up +31.8% on the year. However, the Russell has had a tough time breaking through key resistance.

 The Russell 2000 can be traded using the ETF ticker IWM. If you look at a chart, 111.50 is the key level to watch.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s