Holy Dow!

By Tim Knight

Equities are an absolute runaway train at this point. Fear Of Missing Out (FOMO) has clenched the throats of the trading public, and a money-losing Internet company whose principal product is a disappearing-dick-pics app is about to enjoy one of the most sensational IPOs of the decade tomorrow. Here below we see the Dow 30 blowing past 21,000 in another multi-hundred point move:

0301-INDU

And the Transports, which looked briefly like they were weakening, joining the party, keeping Dow Theory buffs smiling:

0301-TRAN

I’m speechless for the moment.

Subscribe to NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+ chart and trade ideas; or the free eLetter for an introduction to our work. You can also keep up to date with plenty of actionable public content at NFTRH.com. Or follow via Twitter @BiiwiiNFTRH, StockTwits or RSS. Also check out the quality market writers at Biiwii.com.