Thursday, February 9, 2017

FRIDAY 2/10/17; Japan and China Economic Data; AXL; Import/Export Prices; Consumer Sentiment; President Trump and Japan PM Abe Press Conference; SPX, INDU (DJI), COMPQ, NDX, RUT and NYA New All-Time Record Highs

Euro 1.0657. Euro/yen 120.81. Dollar/yen 113.36. Pound 1.2496. Euro/pound 0.8528. Mexican peso 20.3566. Canadian dollar 1.3145. Dollar/yuan 6.8691. Indian rupee 66.8513. Aussie dollar 0.7624. US dollar index 100.67.

[Text is redacted. Purchase the 2017-02 chronology to enjoy February's economic and market history including new all-time highs in the stock market.]

Five of the seven major indexes print all-time record highs and six of the seven print new all-time closing highs. The SPX, INDU, COMPQ, NDX, NYA print both new all-time highs and new all-time closing highs. Interestingly, the RUT (Russell 2000 small caps) prints a new record closing high but not a new all-time high. The record high at 1392.71 remains from 12/9/16. The trannies, TRAN, do not yet print new record highs and the highs are needed for Dow Theory confirmation.

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