new highs

Highs

Stocks, especially on a single index, that arrive at their new highest prices for the trailing 52-week period. They are also called new highs.

new highs

See highs.

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The first to come out was Vassenka Veslovsky, in new high boots that reached half-way up his thick thighs, in a green blouse, with a new Russian leather cartridge-belt, and in his Scotch cap with ribbons, with a brand-new English gun without a sling.

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That seemed to be the message from investors Friday as they snapped up stocks, sending two market gauges to new highs and leaving the Dow Jones industrial average just 40 points short of a record.

S&P, NASDAQ HIT HIGH MARKS

As has been the trend for several weeks, new highs are pummeling new lows on both major stock exchanges.

Schaeffer's Today's Market Features: Microsoft, Pulte Homes, Red Hat, Wendy's International, and Meritage Homes

They recovered after that, but not to new highs, and are falling again.

STELLAR STOCKS TAKE LUMPS : MARKET'S PLUNGE HARD ON HIGH TECH

Stock indexes sprinted to a second week of new highs as traders, deciding that households will spend freely for the holidays and into the first quarter of 1997, pushed consumer shares higher Monday.

DOW SETS NEW HIGH : CONFIDENCE IN CONSUMERS SPURS 4TH STRAIGHT RECORD CLOSE

But that doesn't mean that all is lost - as gold and silver continue to soar to new highs.

Schaeffer's Daily Market Blog Features FMC Technologies, Investors Financial Services, Medis Technologies, Google, and Nordson

As you'd expect with new highs, energy-related names are doing great as the AMEX Oil Service HOLDRS Trust (OIH) is up 2.

Schaeffer's Daily Market Blog Features Kellogg, Caterpillar, Ford Motor, the AMEX Oil Service HOLDRS Trust, and Occidental Petroleum

Tons of steel stocks are also making new highs - some names to check out are US Steel (X), Nucor (NYSE:NUE), and Allegheny Technologies (ATI).

Schaeffer's Daily Market Blog Features Wells Fargo, Krispy Kreme Doughnuts, Procter & Gamble, Boston Scientific, and Nucor

The NYSE saw 33 new highs while the NASDAQ saw 34 issues achieving new highs.

Schaeffer's Daily Market Blog Features Iron Mountain, Moody's, Midway Games, CBOT Holdings, and Coinstar

Also noteworthy to Ziskin is that, despite a run of new highs in July for the Dow, there were more individual issues declining than advancing.

REPEAT/Barry Ziskin Issues Warning

One of those factors we watch are new highs which may put a company in its price range for a possible stock split," states Stock Split Report Chief Strategist, Jon Lewis.

InvestmentHouse.com Announces Investment Opinion on Stock Splits, Covered Calls

Stocks hitting new highs on the NASDAQ Monday included Medical Manager Corp.

InvestmentHouse.com Announces Investment Opinion on Stock Splits and Covered Calls