2-16-19 Daily Chart Dow Gains 777 Points Because Sellers Have Become Buyers
Short term overbought Dow is in play with the bull market rally running strong
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All good things must come to an end—but the 2019 stock-market rally might not be ending anytime soon.
The Dow Jones Industrial Average climbed 776.92 points, or 3.1%, to 25,883.25 last week, while the S&P 500 rose 2.5% to 2775.60. The Nasdaq Composite advanced 2.4% to 7472.41. It was the Dow’s eighth straight week of gains, its longest winning streak since November 2017.