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Sunday, October 22, 2017

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A Stock Market Break? These Indices Say No

By michael lombardi, published on Jun 12, 2014

...a bit of a breakout among the stock market’s more speculative issues and the Dow Jones Transportation Average just sailed past 8,200 for a new record high.

Stock market metrics are improving, although trading volume is light. But this isn’t unusual for this time of year. Investor sentiment is holding steady.

Time after time these last several years, the stock market has surprised both in its inability to experience a material price correction and in the fervor with which institutional investors keep buying blue chips. (See “Strong Corporate Earnings Worthy of a... (more)

Tags: china, stock market, u.s. economy, earnings, dow jones, earnings season, blue chips, dividends, institutional investors, investor sentiment, old economy

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