December S&P finished up 13.7 at 2549.9, 0.3 off the high and 15.2 up from the low. December S&P E-Mini closed up 13.5 at 2549.75. This was 15.25 up from the low and 1 off the high.
Once again the equity markets charged higher breaking records and extending the pattern of new highs to nosebleed levels. Favorable earnings news from Constellation Brands and gains in Boeing third quarter plane deliveries and ongoing leadership from technology issues like Netflix, Microsoft and Amazon means the market is getting a full contingent of bullish information and headline flow. At this point, the acknowledgment of an excessively overbought technical condition seems to be discounted completely.
ESM8 Jun '18 Emini S&P 267125 -2175 3:59:58 PM | GCLM8 Jun '18 GBXCrdOil 6840 7 3:59:58 PM | ZCN8 Jul '18 GBX Corn 3854 -54 1:19:59 PM | ZBM8 Jun '18 GBX BOND 143030 -220 3:59:58 PM | IDXM8 Jun '18 ICE $Index 90095 20 3:59:47 PM | GNGK8 May '18 GBXNatGas 2739 79 3:59:50 PM | GGCM8 Jun '18 GBX CMX GC 13383 -105 3:59:59 PM | 6EM8 Jun '18 GbxEuroFX 12332.5 -56 3:59:42 PM | ZSN8 Jul '18 GBX Soybn 10402 -86 1:20:00 PM |
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