Today's "Shout Out" - 2017 SPX Target Hit 10 Months Early
Further to my post of February 18th, the S&P 500 Index (SPX) hit this year's projected target of 2400 today (March 1st) -- 10 months ahead of schedule -- and set another new all-time high in the process.
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All other U.S. Major Indices also participated in setting new record highs today, with the exception of the Utilities Index. It, however, is in a strong uptrend.
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With bullish sentiment still strong, the SPX remains on track to hit its 2020 projected target of 2700.
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Most world markets were also strong today, especially European markets. We'll see if China picks up the pace in the near future.
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Disclosure: None.
Thanks for sharing