Category: Executive Suite: John Nyaradi
Another record setting week takes the U.S. stock market farther into bubble territory
VIX Index is near historic lows as complacency runs high
Stocks close at new record highs after Thompson Reuters/University of Michigan Consumer Sentiment Index reaches its highest level since
Disappointing economic data failed to prevent the Dow Jones Industrial Average from reaching a new record intraday high on Thursday.
Investors were delighted by the industrial production decline as hopes for prolonged quantitative easing sent the Dow and S&P 500 to new records.
Investors were encouraged by Tuesday’s upbeat Small Business Optimism Index, sending the S&P 500 to new record intraday and closing highs.
Once again, the S&P 500 reached a new record high on Monday although its record-high close was just a whisker above Friday’s closing level.
Stock market posts another record setting week, but the big news came after Friday’s close
As this year’s impressive rally continues, U.S. stock indexes and ETFs are either on track for historic annual gains or are reaching bubble levels with the growing possibility of an approaching blow off top
Both the Dow and S&P 500 closed at new record highs on Friday, as the stock market finished its third consecutive week of gains.