Weekly Summary

I'm amazed that the market is still going up. I was expecting some sort of correction.

USA	Monthly	Weekly	Daily
S&P500	Up	Up	Up
DJI	Up	Up	Up (+)
NasdaqComp	Up	Up	Up
DJ Transport	Up	Up	Up
DJ Utility	Up	Up	Up
Russell 2000	Up	Up	Up (+)
AMEX Airline	Up	Up	Up
AMEX Biotech	Up	Up	Up
AMEX Gold Bugs	Up	Up	Neutral
AMEX Natural Gas	Up	Neutral	Down
AMEX Oil	Up	Neutral (-)	Down (-)
AMEX Security Broker	Up	Neutral	Down (-)
AMEX Telco	Up	Up	Up
KBW Bank	Up	Neutral	Down
KBW Insurance	Up	Neutral	Neutral (+)
PHLX Housing	Up	Neutral	Down (-)
PHLX Semiconductor	Up	Up	Up
S&P Retail	Up	Up	Up

Weekly Summary

The reading for the week ending 4 Dec 2009:

USA	Monthly	Weekly	Daily
S&P500	Up	Up	Up (+)
DJI	Up	Up	Up
NasdaqComp	Up	Up	Up (+)
DJ Transport	Up	Up	Up (+)
DJ Utility	Up	Up	Up
Russell 2000	Up	Up (+)	Neutral (+)
AMEX Airline	Up	Up	Up
AMEX Biotech	Up	Up (+)	Up (+)
AMEX Gold Bugs	Up	Up	Neutral (-)
AMEX Natural Gas	Up	Neutral	Down (-)
AMEX Oil	Up	Up	Neutral
AMEX Security Broker	Up	Neutral	Neutral (+)
AMEX Telco	Up	Up	Up
KBW Bank	Up	Neutral	Down
KBW Insurance	Up	Neutral	Down
PHLX Housing	Up	Neutral	Neutral (+)
PHLX Semiconductor	Up	Up (+)	Up (+)
S&P Retail	Up	Up	Up

US market still refuse to go down. I guess that it will continue to go up, step-by-step, since there are still many bears that are expecting a selldown.