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Benzinga
Benzinga
Business
Gianni di Poce

The Insider Report: Is There Anything More Patriotic than New All-Time Highs?

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Market Overview

Bulls were on parade last week, with the Dow Jones Industrial Average leading the rally higher. It finished up 2.30% on the week, but fell just short of a new all-time high. The S&P 500 and Nasdaq hit new all-time highs, and finished up 1.72% and 1.62%, respectively. We're starting to see greed creep back into the tape, and I'm not ruling out a blowoff top at this point. Still, any dips that follow through should be bought, especially on the crypto side of the market. Stimulus is coming, as the only way out of this fiscal mess is to grow our way out of it. We have an abbreviated report this week due to the holiday. Take some time to rest! It's very important especially in these markets.

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