by Greg Guenthner
Daily Reckoning
Ready for Dow 18,000?
That’s the big number every financial news outlet is celebrating as we head into the new trading week. The big board hadn’t topped this mark in almost a year—and the nightly news is popping the bubbly after yesterday’s 100-point rally.
But we could care less about round-number madness.
The real story—as usual—is what’s happening under the surface. As stocks get their sea legs back after a stormy winter, three critical charts are revealing quite a bit about how our trades will perform heading into the summer.