Hello and good morning,
Yesterday, the S&P 500 Index closed up with a reading of 2,294.67 (+0.07%) with its three best performing sectors being utilities, real estate and consumer discretionary.
http://www.morningstar.com/funds/XNAS/BBVSX/quote.htmlS&P 500 Valuation: Seems Reasonable Presently and Walking Up SP 500 Earnings Growth.
http://fundamentalis.com/?p=6664Old_Skeet's market barometer has a current reading of 150, for the 500 Index, which is dead center in the fair value measure.
In checing the markets this morning as I write Europe looks to be up across the board while Asia-Pacific is mostly up with the exception being Japan. In the States stocks look to be up while government bonds to be down. Yesterday, the U S 10 year closed with a yield of 2.364%. The three best performing futures yesterday were lumber, gasoline RBOB, and lean hogs.
http://finviz.com/futures.ashxThere are a good number of companies reporting earnings today. A few of these being Coca-Cola, Cummins, Kellog and Reynolds American.
https://biz.yahoo.com/research/earncal/today.htmlFor those wanting to follow the "Wall Street Rant" you can do so through the below link.
http://www.wallstreetrant.com/And ... so it goes.
Have a great day ... and, most of all ... I wish all "Good Investing."
Old_Skeet
Comments
Do you have any thoughts on unified Republicans & the market turmoil it supposedly caused ?
Have a good one , Derf
Thanks for stopping by ... and, although I don't have thoughts on the subject question ... The Wall Street Rant does. I have linked his thoughts below.
http://www.wallstreetrant.com/2016/12/why-do-unified-republican-governments.html
Thanks again for stopping by.
Skeet
Thanks for posting, Derf