The Bull Market Appears Alive & Kickin’!

September 26, 2017 | posted in: Blog, LPL Weekly Market Commentary, Uncategorized | by
The steady bull market—now the second largest—continues.

According to LPL Research, “The Dow just had its third nine-day win streak of 2017, which hasn’t happened within a single year since 1955. Can the rally continue?

Key takeaways indicate that long-term technical indicators on equities continue to look strong. This is currently the second longest streak without a 3% correction for the S&P 500, suggesting volatility could come at any time. However, overall market sentiment continues to suggest that equity prices aren’t near a major peak.”

Read more from LPL Financial’s Burt White, Chief Investment Officer, and Ryan Detrick, CMT Senior Market Strategist.