FYI: This was the third week in a row where we saw major indexes post 4 gains out of 5 for the week! While none of the gains individually were massive, when you have 3 weeks in a row of almost identical behavior you start to walk into a market where some of the indexes need a rest to consolidate some gains! The S&P 500 gained 1.2% for the week while the NASDAQ jumped 1.5%.
Regards,
Ted
https://www.stocktrader.com/2017/10/09/weekly-market-recap-oct-08-2017/