US Stocks At Record Highs
Tiho Brkan | Aug 22, 2014 03:00AM ET
S&P 500 is now approaching the physiological 2000 point level
Source: Short Side of Long
S&P 500 posted a new closing record high last night at 1992.37, with NASDAQ Composite also accomplishing the same thing. The short term oversold conditions have once again worked like a charm for the bulls, which pounced on the dip taking the stock market to higher high. Dow Jones Industrial is lagging slightly behind, while the Japanese and German stock markets are not yet at higher highs either (despite weaker Yen and Euro).
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