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!
 |
| SPX 5-Yr. Daily |
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.
 |
| U.S. Major Indices 1-Yr. Daily |
The following graph shows percentages gained in the
Major Indices since January 1st of this year.
 |
| U.S. Major Indices: Percentages Gained Since January 1, 2017 |
With bullish sentiment still strong, the
SPX remains on track to hit its
2020 projected target of 2700.
 |
| SPX 15-Yr. Monthly |
Most
world markets were also strong today, especially
European markets. We'll see if
China picks up the pace in the near future.
