Leaders Index 12-17-20

A quick update as my internet service has been going up and down all day and I don’t know how long it will be up. The market had another positive session with the major averages opening higher and holding the gains the rest of the day. A little late buying saw them close at their intraday trading highs. Volume was higher across the board. Leading stocks did well with the leaders index gaining 2.00% on the day and closing high in its trading range. Volume was higher and below average. The action of the market today was good. The major averages showed solid gains on higher volume. Leading stocks are starting to act better as can be seen in the relative strength line of the leaders index. It looks like the market will continue to advance into year end. Jerry