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07/19/2017 Live Update

Re: 07/19/2017 Live Update

Postby Cobra » Wed Jul 19, 2017 3:55 pm

well, guess that's it for today. Thursday tomorrow has been generally bull friendly. thank you guys, I'll see you tomorrow.

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Re: 07/19/2017 Live Update

Postby fehro » Wed Jul 19, 2017 4:04 pm

We noted previously that there hasn’t been a single instance when the U.S. equity benchmark pulled back 5 percent from its highs in 2017. The last time the market slumped at least that much was in the aftermath of the June 2016 Brexit vote -- marking a 267-day streak that’s the longest since 1996, according to data compiled by Bloomberg. The last time equity markets went this deep into a year without all three of those benchmark indexes suffering at least 5% pullbacks was nearly a quarter-century ago, in 1993.
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