no stress today in the s&p 500

There are no real signs of stress in the S&P 500.

When we look at the chart, there is upside potential. How much upside? The chart may look a bit top-heavy. The telcom sector is weighing against upside growth, but today there isn’t much evidence of that. The S&P 500 is on pace to close October with its seventh straight month of gains, its longest such streak in more than four years.


2017’s relatively placid advance looks more like a long-term moving average.

The S&P 500 rose 3 points, or 0.1 percent, to 2,576, as of 1:15 p.m. Eastern time. It’s been on a gentle upward slope for most of this year, and its modest decline of 0.3 percent on Monday followed seven straight weeks of gains.

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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