S&P 500

Authored by Lance Roberts via RealInvestmentAdvice.com,

Over the last few weeks, I have been discussing the ongoing consolidation process for the S&P 500 from the March highs. (For a review read: “Oversold Bounce Or Return Of The Bull,” and “Return Of The Bull…For Now.”) As the expected rally in stocks, and reversal in bonds, took shape as the S&P 500 was finally able to ratchet a record close at 2399.29. (Read: 10/2016 – “2400 Or Bust”)

After the quietest 8 days in S&P history since 1964...

The broad market index managed to limp quietly to a new record close on Friday after a very mixed payrolls print.

However, despite the volumeless spike to record highs, it appears the week's dismal data..

As Bloomberg notes, to say the S&P 500 Index’s slog to a record this week failed to ignite animal spirits on Wall Street would be an understatement.

Authored by Adam Taggart via PeakProsperity.com,

In our recent report, Banks Are Evil, we pulled no punches in making the accusation that the financial system is the root cause of injustice in today's society.

It's a good blood-boiler. You should read it if you haven't already.

Its main premise is this:

With the Nasdaq 100 index making new record highs on practically every day of 2017, and returning 32% during the past 12 months vs. "only" 19% for the S&P 500, Goldman's clients are starting to  get concerned. And, as Goldman's David Kostin writes in his latest weekly letter, increasingly nervous investors are asking "whether NDX outperformance will continue."

Authored by Axel Merk via MerkInvestments.com,

How does one construct a portfolio in an era of seemingly ever rising and highly correlated asset prices? Years of asset prices moving higher has changed both retail and institutional investors; it has changed the industry; and, in my humble opinion, those changes spell trouble. The prudent investor might want to take note to be prepared.