The Traderszone Network

Published in TZ Latest News 23 December, 2014 by The TZ Newswire Staff

Market Uptrend Resumes But Distribution Still An Issue

The S&P 500 closed at a new high Tuesday, which technically put the market back in an uptrend. But conditions remain difficult. The S&P 500 and Dow Jones industrial average extended their winning streaks to five sessions, but the Nasdaq couldn’t keep up, weighed down by a burst of institutional selling in the biotech space. The Dow hit a milestone, topping 18,000 for the first time.

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