THE CLOSE

Good day Wednesday!

EEM/EFA break out.

Down and out commodities find a low as the dollar gets rapped even though one would think the dollar would strengthen off of a rate hike. Go figure.

NASDAQ 100 into new highs. NASDAQ just about. DOW and S&P cannot even hit a 2% correction.

SEMIS remain strong.

BIOTECH on the cusp of breaking above big range.

Lots of chart set-ups with a decent amount moving above range today.

Junk bonds, which had been getting smoked, big rally today…important.

Yes…financials lagged as yields came down but did not affect much else. Just a good day.