May 27, 2017 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).
The S&P 500 index SPX, +0.03% gained 0.75 points, or less than 0.1%, to finish at a fresh all-time high of 2014.82, buoyed by gains in consumer-staples, consumer-discretionary and materials stocks, all up about 0.3%, while real estate fell 0.7%, weighing on the broad-market gauge. The Nasdaq Composite Index COMP, +0.08% rose 4.94 points, or 0.1%, to notch a record at 6,210.19. However, the Dow Jones Industrial Average DJIA, -0.01% finished 2.67 points, or less than 0.1%, lower at 21,080.28, a tiny loss but enough to keep blue-chips out of the record-setting party, albeit just 0.2% away from its own all-time high.
Here is what our charts say:
CLICK H…
The S&P 500 index SPX, +0.03% gained 0.75 points, or less than 0.1%, to finish at a fresh all-time high of 2014.82, buoyed by gains in consumer-staples, consumer-discretionary and materials stocks, all up about 0.3%, while real estate fell 0.7%, weighing on the broad-market gauge. The Nasdaq Composite Index COMP, +0.08% rose 4.94 points, or 0.1%, to notch a record at 6,210.19. However, the Dow Jones Industrial Average DJIA, -0.01% finished 2.67 points, or less than 0.1%, lower at 21,080.28, a tiny loss but enough to keep blue-chips out of the record-setting party, albeit just 0.2% away from its own all-time high.
Here is what our charts say:
CLICK H…