Wednesday, December 22, 2021

 Thu. a.m. 23/12/21.  U.S. stocks rise for second day.

Overnight.



Dow Jones +0.74%.  SP500 +1.02%.  Nasdaq +1.18%.  Small Caps +1.11%.  Banks +0.39%.

SP500




SP500 remains within its trading range.  The short-term V-shaped recovery looks promising.

The Index is approaching overhead resistance.  If that can be broken, we should see much more upside.

Commodities.

Commodities Index +1.48%.  Energy +1.09%.  Base Metals +1.84%.  Gold +0.94%.

Iron Ore -1%.

After an hour of trading this morning, XJO is up +0.44%.  

The big miners are under some pressure today with RIO flat, but both BHP and FMG are falling.

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