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The end of the day. The nasdaq earlier this week daysile, closing down two for the first time in 2018. Overall a bullish tone here. Up four basiseld, points. The havens bonds are selling off , completing a risk on picture. A team of strategist said bank of Americamerrill Lynch say the bonds selloff might be a little bit stretched. We are looking at the 10 year yield in relation to the 200 Day Moving Average, and it has gotten well above the 200 Day Moving Average by about 30 basis points. It tends to move back down to the mean then. So in other words, the 10 year yield might fall back down 2. 3 . In that case, bonds would be rallying and it would be a risk off tone. But today, risk on. Lets look at two of the major winners, intel and abby. Afterat its highest level beating estimates. They gained an optimist ....
The month, not just the Third Quarter. Like we are seeing a few new record highs we close on this day. S p in the nasdaq on track, so i will call the dow jones mostly unchanged. I want to look at the s p, on track for the eighth straight quarterly gain on tax reform. Trump coming out and saying tax reform will be the rocket fuel for the economy. And then the nasdaq here, up 6 10 of 1 , by far the biggest gainer of all of these. The last record close we had was on september 19. Keep up these games, we could see some new winners here. We are seeing a lot of these stocks on the nasdaq continue to outperform. They are driving the outperformance in the s p and the nasdaq. Im am focusing on facebook, that record high with 173. Closing in, but green on the screen. Deeper, micron technologys came out saying a market for the memory chips are good. So all of this playing in today. How do they compare that to the s p and dow jones because thi ....