The market posted its second consecutive gain with the S&P (+0.2%) notching a fresh intraday record high at 2,120.49. More notably, the Nasdaq Composite (+0.4%) set a fresh closing record high at 5,056.06, which eclipsed the previous peak (5,048.62) that was notched on March 10, 2000. Booyah, happy days are here again. LOL. I sold the balance of TQQQ based on that, you never know, we could see a pullback after this big new high. We still have risk exposure elsewhere, and it ended up being a very nice short term trade.
Around the Horn
CLDX +3.45%, BLUE +1.84%, SBIO +1.6% (all time closing high too), AGEN +3.6%, NDRM +3.4%, CYBR +2.1%, W +2.3%, BIIB +1.6%, CTYX +4.0% (nice breakout today).
See you in the morning.