Another strong rally on Wednesday Jan 25 2017 sent all three indexes into brand new all-time highs.
The Dow Jones moved above 20,000 for the first time in history.
The S&P knocked on the 2300 door and the NASDAQ closed at 5656.34 and looks set to move to 5700 shortly.
S&P Index Close
The S&P index ended the day up 18.30 to close at 2298.37.
Dow Jones Index Close
The Dow Jones ended up 155.80 to close at 20,068.51.
NASDAQ Index Close
The NASDAQ closed up 55.38 points to close at 5656.34.
Stock Market Outlook for Tomorrow – Thursday Jan 26 2017
There is no need for a technical review this evening. Technically the market is now overbought and stocks may enter more choppy trading on Thursday. There could be weakness or even a dip or two especially early to mid-morning, but the outlook is still higher for the indexes.
Tomorrow night I will do a full technical analysis to cover off what changes there are for the final day of trading.
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