FYI: Quiet grinding rally marked the week and really could be a symbol for almost all of 2017. Four days of minimal movement, led to a bit of a rally late Friday. And there was your week! The S&P 500 finished up 0.6% on the week, and the NASDAQ continues to outperform, pushing up 0.9%. The theme of the year has been very little volatility. That continued!
As of Friday, the S&P 500 moved less than 20 points in either direction eight days in a row, the longest streak since the Beatles first visited North America.
Regards,
Ted
https://www.stocktrader.com/2017/05/07/oprahs-happy-and-a-bear-market-hits-the-makeup-industry-its-the-stock-trader-weekly-recap/
