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Good afternoon Elliott wave fans. I’m Dana Weeks with Market Minute for Tuesday, May 21st.

Stocks were up, and breadth was greater than 3 to 1 to the upside.

The Dow Jones Industrial Average closed up 197 points at 25,877.

The S&P 500 closed at 2864, up 24 points.

The NASDAQ Composite closed at 7785, up 83 points.

2250 stocks closed up while 606 closed down. TRIN was .74.

E-mini S&P futures topped out at 2870.75, had a low of 2856.50, and closed at 2866. E-mini Nasdaq futures hit a high of 7485.25, a low of 7426.50, and closed at 7464.

T-bond futures were down 9 tics in late trading at 149-03.

The US Dollar index was up slightly, trading at 98.03.

Gold was down 2.90 at 1274.40, and Silver was down 2 cents at 14.42 in late trading.

We're getting a lot of questions about the 2nd installment of our course “Trade Small, Win Often: The Dick Diamond Method of Trading for a Living.” This Thursday, May 23rd at 12 noon Eastern time, Course Guide Vadim Pokhlebkin will be hosting a free, live 30-minute webinar. Grab your free seat now.

We're getting a lot of questions about the 2nd installment of our course “Trade Small, Win Often: The Dick Diamond Method of Trading for a Living.” This Thursday, May 23rd at 12 noon Eastern time, Course Guide Vadim Pokhlebkin will be hosting a free, live 30-minute webinar. Grab your free seat now.
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