Wednesday, November 22, 2017

SPX S&P 500 and RUT Russell 2000 Small Caps 3-Minute Charts; SPX PRINTS 2600 FIRST TIME IN HISTORY; SPX (S&P 500), INDU (Dow Jones Industrials), COMPQ (Nasdaq Composite), NDX (Nasdaq 100) and RUT (Russell 2000) Print New All-Time Record Highs


Five major US stock indexes print all-time record highs on 11/21/17. Traders are singing, "Happy Days Are Here Again." The bulls are unstoppable continually supported by the easy money flowing from global central bankers. The world remains awash in liquidity.

S&P 500 prints above 2600 for the first time in history. The RUT last printed a record high in early October and now the small caps join the party. Traders are throwing money at the stock market ignoring geopolitical events, sluggish growth and a flattening yield curve.

Index  All-Time High  All-Time Closing High
SPX  2601.19  2599.03
INDU, or DJI  23617.80  23590.83
COMPQ  6862.66  6862.48
NDX  6380.07  6378.63
RUT  1519.53  1518.89

This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

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