07Nov10:55 amEST
Remember American Express?
Still in the Dow. Still relevant. Still an iconic brand.
With the Dow Jones Industrial Average surging up and out of a multi-month/quarter consolidation, it is hard not to think that AXP will reemerge as more of a high profile stock, once again.
Inside Market Chess Subscription Services, we noted the name for Members this morning as breaking out of a monthly chart bull flag all the while the daily chart is clearing near-term resistance.
Elsewhere, we have the semis and retail stocks helping to lead this market charge again this morning.