By Chris Becker
The Dow hit 25,000 points as stock markets around the world continue the NYE party into the New Year. Following the strong Asian lead, European stocks did well, advancing strongly across the continent while US traders braved a superstorm to keep the BTFD party going.
Recapping action in Asia yesterday where in mainland China has continued its advance lifting 0.3% to be at 3379 points, on its way to threaten resistance at 3400 points. This definitive breakout on the back of the commodity rally could even threaten the former high, but I’m slightly sceptical given the SSEC remains in a secular bear market:
