Thursday, December 8, 2016

THURSDAY 12/8/16; Cascading Global Rally; DAX Above 11K; US Dollar Index Briefly Under 100; SHLD; ECB Rate Decision and President Draghi Press Conference Create Rally; SPX (S&P 500), INDU (Dow Industrials), COMPQ (Nasdaq Composite), RUT (Russell 2000) and TRAN (Dow Transports) New All-Time Highs; AVGO; COO; RH

A Dow Theory confirmation occurs yesterday with the Dow Transports finally printing 

[Text is redacted. Purchase the 2016-12 chronology to enjoy December's economic and market history.]

 medical device maker drops -0.5% after reporting earnings. AVGO +2.6%. FNSR +4%. RH crashes -19% after reporting earnings and offering weak guidance. DLTH crashes -17%.

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