The Nasdaq Breaks 7,000

This is shaping up to be a good day for the market. The S&P 500 has been as high as 2,685.92 today, which is another all-time high. The Nasdaq Composite broke 7,000 for the first time ever.

Today’s movement is heavily skewed toward high beta stocks. As I look at the numbers, the S&P 500 High Beta Index is currently up 1.51% while the S&P 500 Low Vol Index is up just 0.01%. The Russell 2000 is up 1.14% today.

Our Buy List is now up over 20% on the year. AFLAC, Danaher, Fiserv, Ingredion and Microsoft are all at new highs today.

Posted by on December 18th, 2017 at 3:24 pm


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