Christmas Rally Continues

The rally is continuing based upon no tapering  by FOMC today and tomorrow. Central banks around the world  are printing more and more money. Ling term it is very unhealthy.
At 22 percent of the $16.9 trillion U.S. economy, the balance sheet is surpassed by those of other major central banks as a percentage of gross domestic product, according to third-quarter data compiled by Haver Analytics in New York. In the euro zone, the figure is 24 percent, and in Japan, it’s about 44 percent.

Right no the markets like  this unprecedented  easing by the Central banks.

DJI

SPY

Comp likely to go to previous highs or even higher

QQQ

IWM

TZA

GLD

GDX

Gold related stocks are trying to  hold here. May move above recent highs of Thursday