CBOT's latest Summary Table:
December 4: 28% for -25 bps versus 72% for -50 bps.
December 5: 43% for -25 bps versus 57% for -50 bps
And importantly, Wednesday marked the follow-through day in the major indices.
Volume was heavier on both the Nasdaq and NYSE. That marked a follow-through day for the Nasdaq. Last week, a number of the IBD indexes — including the IBD 100 and the Weekly Review 85-85 Index — had already logged follow-through days, confirming that a new uptrend was underway. Today's advance was broad. The number of rising stocks outnumbered decliners by 3-to-1 on the NYSE and more than 2-to-1 on the Nasdaq. More...